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Coffee Shop
Cattle people/ farmers are getting old.
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<blockquote data-quote="Montanaidiot" data-source="post: 1741019" data-attributes="member: 39246"><p>I'm a little late to this conversation but I wanted to add my 2 cents. And maybe even get some good advice.</p><p></p><p>I'm 36 married, kids that are leaving the house quickly. (Adopted kids...I know the math is all wrong) but I have been working in oil and gas for 10+ years making 6 figures. I am 100% debt free. My home is worth 500k+ I have just enough land to run a few feeders every year that I lose money on but I feed alot of friends and family so that makes me happy.</p><p></p><p>Now I guess to my point. A farm came up for auction a few months back and I sat down and really penciled out every aspect I could. Visited with the neighbors who are lifelong friends. Put months of work into buying a very rundown place with no house or anything. I was ready to dump everything I had into it.... I got outbid by 150k to somebody from out of state who isn't even farming it...it just sits.</p><p></p><p>I thought I was in a good situation to actually make it happen. Every peice of land that comes on the market I do the math and sadly nothing shows any promise.</p><p></p><p>I just don't understand after doing g the math so many times how farmers even eat let alone drive around nicer tractors and pickups then most.</p><p></p><p>I feel like there something I don't understand about all of it. I know it's rude to ask how many acres or how many head but I feel like I need to see a real farm/ranchers books to truly understand what I need to survive and how to survive. </p><p></p><p>For now I will keep saving and hope someday I can make something happen.</p><p></p><p>That's my story and when you ask why young people can't get into ag. It's not the drive or lack of interest...its purely the inability to survive.</p></blockquote><p></p>
[QUOTE="Montanaidiot, post: 1741019, member: 39246"] I'm a little late to this conversation but I wanted to add my 2 cents. And maybe even get some good advice. I'm 36 married, kids that are leaving the house quickly. (Adopted kids...I know the math is all wrong) but I have been working in oil and gas for 10+ years making 6 figures. I am 100% debt free. My home is worth 500k+ I have just enough land to run a few feeders every year that I lose money on but I feed alot of friends and family so that makes me happy. Now I guess to my point. A farm came up for auction a few months back and I sat down and really penciled out every aspect I could. Visited with the neighbors who are lifelong friends. Put months of work into buying a very rundown place with no house or anything. I was ready to dump everything I had into it.... I got outbid by 150k to somebody from out of state who isn't even farming it...it just sits. I thought I was in a good situation to actually make it happen. Every peice of land that comes on the market I do the math and sadly nothing shows any promise. I just don't understand after doing g the math so many times how farmers even eat let alone drive around nicer tractors and pickups then most. I feel like there something I don't understand about all of it. I know it's rude to ask how many acres or how many head but I feel like I need to see a real farm/ranchers books to truly understand what I need to survive and how to survive. For now I will keep saving and hope someday I can make something happen. That's my story and when you ask why young people can't get into ag. It's not the drive or lack of interest...its purely the inability to survive. [/QUOTE]
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