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Coffee Shop
Off Farm Income
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<blockquote data-quote="littletom" data-source="post: 1377079" data-attributes="member: 23522"><p>It not just the cattle its farming in general. I farm full time 95% of income comes from the farm. Like some others said size is the problem with everything costing so much. The more head or acres you can spread eqt. cost over the cheaper it is. My family lives with out a lot extras. It would be so much easier knowing we had x dollars to live on. I really think inputs is the biggest hurdle it cost a lot of money to farm. I have no problem admitting had my parents not helped me get started this would not had worked. They let me use some ground and a tractor rent free at first before I bought farms, and eqt., and built a reputation people would lease to me. And the variable profit swings you can't plan for. Some years are so great it's amazing, the last 2 just try and make payments and hope for next year. Sorry to ramble my answer is inputs and crazy swings in markets and yield. I'm ten years in and wouldn't trade it for anything.</p></blockquote><p></p>
[QUOTE="littletom, post: 1377079, member: 23522"] It not just the cattle its farming in general. I farm full time 95% of income comes from the farm. Like some others said size is the problem with everything costing so much. The more head or acres you can spread eqt. cost over the cheaper it is. My family lives with out a lot extras. It would be so much easier knowing we had x dollars to live on. I really think inputs is the biggest hurdle it cost a lot of money to farm. I have no problem admitting had my parents not helped me get started this would not had worked. They let me use some ground and a tractor rent free at first before I bought farms, and eqt., and built a reputation people would lease to me. And the variable profit swings you can't plan for. Some years are so great it's amazing, the last 2 just try and make payments and hope for next year. Sorry to ramble my answer is inputs and crazy swings in markets and yield. I'm ten years in and wouldn't trade it for anything. [/QUOTE]
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