Thoughts!!

[Richard5]

Had a good conversation with my father. I would like to share. I'am a established farmer 75% owned land 25% rented. I have a some seasonal help, its family so it's a good deal for me. I was approached by a neighbour the other day and he wanted to inform me that when I'am done farming he would gladly take over my land base. I have a major issue with this, this neighbour only got half done harvest last year. And always has crop out on a ordinary year. I'am confused as to why these people think they need more land. Is this the ordinary in every area?

What area is this? My advice is when you are ready, find the right farm you feel comfortable with. There should be no end to the list of candidates that will be interested but only some will treat the land like the same as you.

My accountant always describes to me how a small percentage are very weathly and good financial performance every year, the group in the middle are profitable but always room for improvement. The remainder are one poor crop from insolvency. I guess its these guys that fall for input capital schemes or keep think more land will solve there problems.

If they can't farm properly what they currently have, it for sure won't work for more. Live within your means guys, bigger is not better!

[farmaholic]

What are the criteria for being considered a BTO?
Just wondering where the line is between a good farmer and a BTO.

I hope you're kidding and being sarcastic.

There is no line.

Any size Producer can be either a good or poor farmer.... size doesn't matter, at least that's what she says. It's the job you do with what you have.