Egon
Epic Contributor
Consider doing a lot more planing, estimating cost/earnings and seeing the local agriculture agent before laying out any money for equipment.
Consider doing a lot more planing, estimating cost/earnings and seeing the local agriculture agent before laying out any money for equipment.![]()
Good point-I was referring to 30" row equipment, not 40". In our area, you really don't see much left of the older 40"-much of it has gone to the recycler when scrap iron prices went up, but I'm sure there's still 4 row equipment out there. (For that matter, a lot of used up 6 row equipment has gone to the scrapyard as well.)
My thought was that you can get by with a smaller, less expensive tractor if you are using 4 row equipment.
It's certainly true that the newer tractors are more fuel efficient, but without know the budget and available time available for the operation, I was assuming a limited budget but a lot of time. Although fuel is certainly one of the costs of operation, you can still buy a lot of fuel with the money not spent on a more expensive tractor. Just a thought....
Ken Sweet, can you chime in on this subject?
GGB
I really can't improve on the advice given so far. Having grew up farming many years ago and having been out of it since the early 70's nothing I could tell you would be relevant today. I still live on a farm and my wife recently retired from USDA, so we have some frame of reference. I do know enough about farming that we rent out all of our tillable ground 180 acres on one farm and about 120 on another a few miles away. We have taken a little over 100 acres out of production completely. We have our Great Plains no till for sale.
You simply cannot imagine the obstacles or requirements. You not only have the tractor and equipment, but a combine, grain truck/trucks/buggies, grain storage with dryers or pay a boatload to have this done AFTER everyone else has finished with theirs. Depending on where you live, you will need to look into putting your land to grade for irrigation or price walking rigs if your land can't be contoured properly. You will also need sheds for storage of equipment if you don't already have them. You need to become a decent welder or make friends with one, get lots of tools, really big air compressor etc.
We raised cattle and you couldn't get me back into that at the point of a gun.
You really need to have a good financial reserve for the off years. Prices are not bad now, but have been and may be again.
Just a few thoughts for what they are worth and I am sure others will disagree. Also, I am not saying it can't be done, just not by me.
Do you really think that trucks and buggies are necessary for ~80 acres of corn? A couple of used gravity boxes would do everything necessary. Hire it hauled to market in the spring.
80 acres corn @ 200 bu/acre would require one 16k bu grain bin with a stirator and a drying floor. Not really that big of deal. 80 acres beans @ 55 bu/acre would need only a 4500 bushel bin which could easily be bought used.
None of this seams the least bit overwhelming if done over a few years.
I recently acquired a 300 acre farm through inheritance. The farm has not been worked in many years. There are roughly 150 to 160 acres of tillable land and about 100 acres of good rolling pasture land with about 40 or 50 acres of timber. I plan to purchase a tractor and some equipment to work this farm but I am unsure of the size/type of equipment to buy. I plan to plant corn/soybeans on the 160 acres of tillable land and start a cattle herd on the 100 acres of pasture. I don't expect to do all of this over night but I want to purchase a tractor and some row crop equipment. What size and type of tractor should I purchase and what size disc, cultivator and planter should I purchase to row crop 160 acres?
Just throwing stuff out there, so maybe not, but when we were farming we lost a lot of money when we had to wait to have someone do this. We could not afford to wait a few years as we had to have other jobs. We sold all of our equipment, but kept the land. An important component left out or missed by me was the OP financial situation which would significantly impact how much he could invest and how long he could hold out.
I do not mean to be a complete downer, but I and my wife have seen too many farmers of this size lose everything including their land. It happened to our neighbor a couple of years ago. He had to sell the family farm and he grew up farming.
Refer to the last line of my post. "Also, I am not saying it can't be done, just not by me."
That is a shame but I would have to think that there was some managerial or business practice issues at hand. Or maybe they just live to high on the hog.
I guess I am looking at things differently than most here. Most are saying to rent it out. Not bad idea but if the renter can make money while paying rent then the owner should be able to make money with out the rent coming right off the top.
If this farm was here it would rent for north of $300/acre. Assuming that "inherited" means that the farm is paid for or nearly paid for. If that was the case here he would have a $48,000 dollar head start.
As far as the equipment issues, everything that needs to be done could easily be hired done or the equipment rented to do it if the equipment was not/can not be purchased in a timely manner. Here there are tons of guys doing custom combining and planting, including us. Corn and beans have a large enough planting and harvesting window that hiring it done if needed should not cause any real financial harm.
IMHO, do not try starting farming from the beginning. My original family farm, combined with my land and brothers land is about 1200 acres. I have a full time job and mostly weekend farmer. My brother has full time job but has much more flexibility in his job and can take times as he needs it. Strongly recommend renting out all the acres to begin with. It would seem the OP has no experience in this field. No offense but starting with "what kind of tractor to buy" and asking TBNers is a little on the wild side IMHO. Why hasn't the land been worked for many years? That alone makes me nervous about the land. Will it require lots of work to get it back in production? Is the soil poor? Is it overgrown? Where is it located? Are you willing to buy a tractor, planter, sprayer, fertilizer machine, cultivator, disc, chisel ect? Do you know how to maintain much of this equipment? No till verses tilling the land requires different equipment. Will you need to have the soil tested? Do you know the seeding rates, fertilizer rates, spraying what chemicals, which chemicals, when to spray? Honestly, farming corn and soybeans for 100-150 acres of land it really a waste of time and not profitable. The overhead is just way to high. Why are farms getting larger and larger? Because they can use 1 relatively large machine to do many acres. Our 1200 acres uses primarily 2 tractors (245hp and 125 hp), 1 16 row no till planter, 90' sprayer, 1 fertilizer machine, ect. The efficiency of a farm actually goes down when they become over a few thousand acres because now they need 2 planters, more expensive sprayers, more tractors, ect to make the next level of production and they don't really have the land to make it as profitable for all the equipment.
If the OP does not want to rent the farm land, try share cropping the tillable land. In my area, the owner puts up the land, pays the taxes and pays half of the input costs including fertilizer, seed, chemical ect. The other guy provides all the equipment, fuel, labor and does the harvesting. OP assumes some of the risk and potential reward. This would also allow the OP time to find equipment, see how the farming is done and give time to decide if this is a viable venture.
The pasture maybe a little easier to start with less initial output but does the OP know how to care for the cattle? Will the cattle be in the pasture all year? Will they have to be fed in the winter? Will it be cow/calf operation, feeders ect? Does OP know how to care and look out for the cattle. Facilities to vaccinate, or treat animals? Do you have means to haul the cattle when needed? Cattle require frequent checking. 1-2 dead or sick animals really eats into the profits. How good is the pasture and fence? How many head/acre can it support? I rent out some pasture. So much $ per head/day. Renter maintains the fence but I supply the materials.
Why is it that in these type of threads the OP is seldom heard from? He has made 2 posts 22 minutes apart and has not been heard from since. To me, there have been enough questions raised that I would think that he would want to answer so that we can help him out with some better advice. I know maybe something came up, and time will tell. It just seems odd to me.
Just my :2cents: