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South Central MN | I think a lot of people like myself look at it as a way to get into farming. When you look at spending $800k on something, that'd buy you maybe 100acres around here. Assuming you have minimal money down, (same as on a barn w/ fsa loan) cash flows say you're going to be breaking even on the land for 20-30 years. 100acres isn't enough to support a family, whereas you can pay a barn off in 10-15 years and then have decent income if you've stayed up on maintenance. At least, that's my plan and reasoning. I'll let you know in 20 years if I'm right. | |
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Hog Contract Options
