The most successful farmers and the ones that just hang on
In your area, when you think of the most successful farmers, is there something they have in common or have done well? What stands out to you that you seem to notice works well and what doesnt?
Good thoughts. I appreciate everyone that responded to this subject. I am coming from the side of looking for an opportunity to farm, and al...More
This all depends on what you define as successful. Lifelong farmer down the road still operates run mostly older equipment has minimal overh...More
I am 4th generation and my daughter will be 5th. Inheritance is not everything, the key is to invest your money and not just spend your mon...More
Playing with old money makes things a lot better
I think it was Kansas State that did research on this. Know your numbers.
What your asking is multifaceted, it’s answered differently depending on where you live, so, where I live, animals that once every farm had ...More
I hate to admit that you are 100% right and by no means do i disagree with that. But that’s really not very positive situation for farming t...More
Very well put. Excellent answer
I second that.
Very good advise!
All the ones I know do something different. Raise a special crop, provide some kind of service, sell ag related things.
This is a generalization, but the most successful (I’m talking self-made not born with a silver spoon) farmers in any area are the ones that...More
I agree with this completely!!
Go to work every day and dont stop unitl its done.
use your brains and back your own decisions, learn from them daily and dont look over the...More
Age old topic, but really about how good your ancestors were at making money, teaching the next generation how to make money, and keeping th...More
They all inherited everything. And didn’t have you buy a single piece of equipment or land.
In my area one of the most successful farmers built it himself. He also has a wife and son that work their butts off. They do almost all o...More
The most successful one near me paid for all his stuff. Inheriting sure can help if they don’t waste the opportunity.
Not one mention of livestock. Good or bad?
#1 They get the work done when it needs to get done.
#2 They do not spend unless they need to spend because it will cost them more if they...More
The most successful around here are communal farmers. Usually 10 to 20 families in one unit. They have large families providing even more...More
The good planners are the most successful in my area. They have a plan in place and lock in inputs early instead of paying higher in season...More
Being efficient with your equipment (1 drill, 2 combines, 1 big sprayer, etc., good infrastructure- gas, power, highway access) and usually ...More
Success is a different ideal for everyone. For me it’s the difference between farming for money, and farming with money.
I think the bigg...More
On the paying for land over and over again I understand it's tuff to put a pencil to it. but also I've seen generations get there farms give...More
I never understood the paying over and over for land either. Seems like an arrangement for income of an agreeable amount until time of trans...More
I believe the statistic I heard from a USDA official is that 90% of farms rely on off farm income to meet living expenses.
Seems like they have another source of income to stabilize their income. Another business or they have a job too or the wife works or they d...More
To be honest it is sad but true that what you wrote has a tremendous of fact. But what does that really say about the profession of farming.
A "not so serious" answer is, it seems like many of the "successful" farms in our immediate area have either sold land to the town or housin...More
I think hiring the right people makes a huge difference, especially if you've got them doing a lot of skilled tasks. A "self starter" vs som...More
Our area has smaller windows then a lot so basically we look at 10 day seeding horizon if you farm 5000 you should be doing 500 a day etc, u...More
Attention to detail. Anyone can do the big stuff. Its the little stuff that sets farms apart. Self educated farms that have managers and own...More
In school the lesson comes first then the test. In life it is the test and hopefully a lesson is learned...
It's a matter of making the right investments at the right time, having a plan to eliminate your inefficiency.
They have older equipment and do not get caught up in needing the newest things.
All depends on how many acres your farming and cattle your running
Must be different here.