Where is farming going. - The Combine Forum
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post #1 of 24 (permalink) Old 07-18-2019, 01:45 AM Thread Starter
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Where is farming going.

I was sat talking with my 90 years old father tonight and he posed the question of where I see 5he farm in twenty years time and whats I think is going to be the new big step that will improve the farm as a whole. To be honest I was taken back by the question. Driving home I was thinking where Iíd like to be as far as farming goes. Iím totally happy working and canít see myself retiring and becoming a snowbird. Although I love to travel in winter. For my farm Iíd like to see how tile drainage could help improve crop yields in wetter years and make income more consistent and sorta weather proof. Iíve lost more yield to excess moisture that drought so water management is crucial. My kids are still very young so in twenty years time Iíd really be happy if one or both decide to farm. So Iíll either be plodding away on my own still or making the transition to the next generation.
Wats the future hold for you and wat are your goals.

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post #2 of 24 (permalink) Old 07-18-2019, 02:07 AM
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My goal is to still be farming in 20......
Becoming more of a pessimist all the time!

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post #3 of 24 (permalink) Old 07-18-2019, 03:46 AM
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My goal is to still be farming in 20......
Becoming more of a pessimist all the time!
With ya there... it kinda makes me sad to think about it though. I'm hoping if everything goes to **** I can still farm my original family farm with my old smokey tractors.
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post #4 of 24 (permalink) Old 07-18-2019, 09:08 AM
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Id think about it. But then I'm too tired. With these prices and the variety of unpleasant "surprises" mother nature gives, I tend to just focus on making it one more year.
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post #5 of 24 (permalink) Old 07-18-2019, 09:20 AM
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This topic was discussed some while ago. Since then I haven’t changed my mind what my plans are, now if I could just remember what they were.
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post #6 of 24 (permalink) Old 07-18-2019, 09:46 AM
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Id think about it. But then I'm too tired. With these prices and the variety of unpleasant "surprises" mother nature gives, I tend to just focus on making it one more year.
Amen to that! The price of land is probably most on my mind as time goes on. Around here whether you like it or not over 5000 an acre is not uncommon. In order for a wise investment over twenty years I would expect that land to be worth 8000 an acre just to beak even with the interest. Its a extremely tough decision especially when paying 5000 leaves you with no net returns during that 20 years unless you combine it with land that was paid for or you are able to swing bumper crops continuously . It would be a lot easier decision if we knew land would be 10000 in 20 years. growing more corn to answer you question!
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post #7 of 24 (permalink) Old 07-18-2019, 09:59 AM
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My goals have always been to:
>Maximize production.
>Spot trends/cycles in farming and use to my advantage.
>Not screw things up.

Going forward I plan to spend more time with my family.
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post #8 of 24 (permalink) Old 07-18-2019, 10:23 AM
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This topic was discussed some while ago. Since then I havenít changed my mind what my plans are, now if I could just remember what they were.
I always start on plan B because the truth is plan A never really existed.
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post #9 of 24 (permalink) Old 07-18-2019, 10:44 AM
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Hard to say. 20 years from now I'll be 70. The age my mother died. Life is too short, so now I try to enjoy things a bit more than I did. Working 24/7 to me isn't what life should be all about.
There are new guys in the area hungry for land so I may hang in there a several more years then sell to one of them. They've already asked and would like me to work for them. So maybe go that way to finish farming, driving their new equipment and let them have the worries.
Or plan B, farm myself to the end.
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post #10 of 24 (permalink) Old 07-18-2019, 10:51 AM
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As my dad would say in 20 years Iíll be pushing up daisies, wonít matter to me where things go!

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