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| me and my wife for 5-6 yrs have tried to buy into my father in laws dairy to no success, then all of sudden a year ago he wanted us to buy acreage, all the livestock, some equipment with no option to do anything on contract (hes not a bank he told us) and now after trying to make it work for 6 months its just not going to cows will be down the road march 1 , im gonna have to go to town get full time job, while cropping(=/-300 acres) and running a small beef herd(30). We are going to buy the acreage still, but its just frustrating with a little planning i think we could of got it work, but now nothing. Im just venting, im 32 and had basically nothing for equity(been working here for last 11 yrs) which killed us.> to the older generation i know its hard but please get plan, this isnt the 80s or 70s banks are terrified of young farmers you can make it work if you want to without having to to take less money on anything i know you guys have worked to the bone, but times are a changing. | |
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transition plan......get one
