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<blockquote data-quote="Jogeephus" data-source="post: 472533" data-attributes="member: 4362"><p>Medic, you are in good company. I think many here can empathize with you on these matters. I know I can. Been a bit depressed myself lately cause my land taxes are due shortly and with this money I could be buying something useful like a new baler or something. Instead, I don't know what I'll get - probably nothing more than another restriction on how I can use my land to earn the money to pay taxes. </p><p></p><p>Last I heard, only 3% of the population makes there living from farming. Therefore, very few of the younger folks understand what it takes to make things work. Its an honorable life, yet you must stop sometimes and wonder if it is worth it. I am confident that the remaining 3% that remain in agriculture no longer do it the way it used to be done. They have adapted, diversified and changed with the times. Personally, I believe this is the key to our predicament and the answer to many of our financial woes. Our independence, which we pride ourselves on, could be in fact a handicap to us preventing us from looking down the road and changing or adapting to the new environment we are living in. </p><p></p><p>There are few things which I think could help us if we would do it. First is pooling resources whenever possible. For instance, there is no real reason for you and your neighbor to both own a hay trailer. This could be split two ways thus freeing capital. Also, joining ranks with another cattle producer to increase your numbers so as to deal strictly on trailer lot loads of cattle will definitely put more money in your pocket. Another thing to look at is niche marketing. People today are beginning to care about where their food comes from and don't mind paying more for it if it is good and they know someone like you raised it. Raising and selling farm raised beef could be just the trick to put some extra value on your cattle. The woman you mentioned who looked at you as an oddity would be my first customer. When she tasted homegrown, I guarantee you she would be telling all her friends about the "real farmer" she found and how he raises his own beef. </p><p></p><p>Just some random thoughts I had that you might want to think about. Oh, one other thing. Keep in mind that you are also earning money through the appreciation of your land. Just by holding on to it, you are saving money for the future.</p><p></p><p>Good Luck and may God guide your decisions.</p></blockquote><p></p>
[QUOTE="Jogeephus, post: 472533, member: 4362"] Medic, you are in good company. I think many here can empathize with you on these matters. I know I can. Been a bit depressed myself lately cause my land taxes are due shortly and with this money I could be buying something useful like a new baler or something. Instead, I don't know what I'll get - probably nothing more than another restriction on how I can use my land to earn the money to pay taxes. Last I heard, only 3% of the population makes there living from farming. Therefore, very few of the younger folks understand what it takes to make things work. Its an honorable life, yet you must stop sometimes and wonder if it is worth it. I am confident that the remaining 3% that remain in agriculture no longer do it the way it used to be done. They have adapted, diversified and changed with the times. Personally, I believe this is the key to our predicament and the answer to many of our financial woes. Our independence, which we pride ourselves on, could be in fact a handicap to us preventing us from looking down the road and changing or adapting to the new environment we are living in. There are few things which I think could help us if we would do it. First is pooling resources whenever possible. For instance, there is no real reason for you and your neighbor to both own a hay trailer. This could be split two ways thus freeing capital. Also, joining ranks with another cattle producer to increase your numbers so as to deal strictly on trailer lot loads of cattle will definitely put more money in your pocket. Another thing to look at is niche marketing. People today are beginning to care about where their food comes from and don't mind paying more for it if it is good and they know someone like you raised it. Raising and selling farm raised beef could be just the trick to put some extra value on your cattle. The woman you mentioned who looked at you as an oddity would be my first customer. When she tasted homegrown, I guarantee you she would be telling all her friends about the "real farmer" she found and how he raises his own beef. Just some random thoughts I had that you might want to think about. Oh, one other thing. Keep in mind that you are also earning money through the appreciation of your land. Just by holding on to it, you are saving money for the future. Good Luck and may God guide your decisions. [/QUOTE]
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