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southern MN | Investors make money off of their land and their tenants. As investors they want to make top dollar, big rents, leases are in their favor.
That works for a while with the 20,0000 acre farmers.
As a small fry, that may not be your best avenue to travel.
Getting a job, and farming on the side, and trying to acquire a small but solid land base can work well. It is slow growth, and means you have a regular job anyhow, I know. Not glamorous. But it gets you to farming when you are 40 something with $$$$ you can manage and weather good and bad cycles, and when you look at the big picture and the amount of investment in farming, that is a pretty good future vs the glamorous looking farming.
If the regular job has you working with Ag folks from time to time (construction, banking, farm supply store, seeds, coop, etc) it will help you meet people in Ag that might some day give you a chance. It will not happen in 3 months and at your age that will be agonizing; but in 3 years or 10-15 years all those meeting people and working with people in Ag will suddenly pay off and you will have invested in yourself, with the payoff finally coming.
At your size and age typically the current ‘investors’ are family, it sounds like you have a limited path there and are using what you can of it.
Outside true investors will probably be hard to find to fit your situation for several years, at which time you might not want to follow the path they offer......
Paul | |
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Investors?
