ultrarunner
Epic Contributor
- Joined
- Apr 6, 2004
- Messages
- 24,350
- Tractor
- Cat D3, Deere 110 TLB, Kubota BX23 and L3800 and RTV900 with restored 1948 Deere M, 1949 Farmall Cub, 1953 Ford Jubliee and 1957 Ford 740 Row Crop, Craftsman Mower, Deere 350C Dozer 50 assorted vehicles from 1905 to 2006
I don't have any data on making hay 50 years ago, but I would agree that 100 acres would be tough (too small) these days. My sister and I own some farm land that has been in the family for a few generations. It has been farmed by a farmer that works WAY more than just our property.
Using last years numbers, our land netted about $300/acre (total for the farmer, my sister, and me). This accounts for the expenses that are a direct part of farming that land, but it doesn't account for the massive cost of equipment overhead. To try to make that work on 100 acres would be $30,000 of income. It would be extremely tough to live on that AND payoff equipment.
Bump up the acreage substantially, and it starts to look more feasible, but definitely not easy!
In our case, the land itself is not a treasure chest. Everything around it is more farm land, so the only potential buyer would be a farmer.![]()
I've posted a picture on TBN of me haying 50+ years ago... let me say I learned at an early age the value of being in the Tractor Driver's seat!
Does death by alcohol count as suicide?
The reason I ask is I mentioned this thread to my cousin and she said several of the small family farmers around her drank themselves to death after giving up farming on farms that had been in the family for generations.