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First time farmer first time lost!!
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Young Farmer 09
Posted 10/28/2009 01:13 (#902923)
Subject: First time farmer first time lost!!


Belzoni, Mississippi
This is my first major year that I got a lot on the line. Well this year has turned into a complete disaster. I pretty sure that I dont have to give any details. RAIN RAIN RAIN. Well what im trying to ask is how will i explain this to my banker? What are some possible senario's on how this will affect next year. Iam a third generation farmer and this is all i want to do. It want be a total lost this year but i know i will owe something? I thought about a senario the other day, what if i planted some wheat and let the banker keep what was left to help go on the debt. I thought of this because i could double crop it with milo or beans and bring to bring in income for the fall. Just dont know what to do. I know i need to start doing something because bills dont start coming in and I know i will be strapped for cash come the first of the year. Any ideas, thoughts, or comments. Is it true that if it is what you seriously want to do, it will make a way?
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