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SD-When I eventually inherit like 1/3 of my grandparents farmland (NW KS) how should I "Rent" it out to the local yokels? Flat fee every year? Take 1/3 of the cut? Pro's and con's of each?Non irrigated dryland farming, assuming my uncles don't screw my dad out of his share and assuming I can screw my sibling out of their share I could eventually end up with UP TO 3 quarter sections. So like almost a square mile from what I understand. Keep in mind that the land will be held in a LLC that will never turn a profit, everything will be spent on "Expenses" like a HUGE F-250 Ford.
Also you should definitely send SD jr down there for summers when he gets older. I spent a couple weeks each summer on my grandparents farm when is was in the 8-12 range and absolutely loved it. Typical day below-Wake up and watch like 2 hours of cartoon network because grandparents had a huge satellite that picked up like every channel. -Ride 30 minutes into town with gramps and sit around the coop watching them drink coffee and smoke cigarettes- Do some random chores like throw food scraps to pigs and collect tumble weeds to burn (Only if it had rained recently)- Grab a .22 and a 4 wheeler and chase rabbits around all day
The life you described sounded like a pretty romantic upbringing to me. Did you want to be a cow farmer when you grew up when you were a little boy? If so, can you remember when you decided that that life wasn't for you?
Steve Dave, would you ever go back? Like after your kid is all grown up?
I have a friend with a horse farm and he also works a 9-5 (wife does lessons and keeps other people's horses out there) and it sounds miserable. Nostalgia is a very skilled and beautiful lying liar. Which is great, but just don't dive in to the shimmering water.
Quote from: Dlew12 on February 07, 2015, 09:49:31 AMThe life you described sounded like a pretty romantic upbringing to me. Did you want to be a cow farmer when you grew up when you were a little boy? If so, can you remember when you decided that that life wasn't for you?no. very very early. it's romantic but it's not a job, it's a life. like my dad and all of us had work on christmas morning and every other day. he has plenty of people working for him but obviously they want time with their family too. he would always say "cattle have to eat on christmas/saturday/thanksgiving/whatever too". he wouldn't take vacations for more than a few days because he couldn't handle being away. I'm sure there are a lot of more casual farmers that wouldn't have a problem leaving someone else in charge for a bit but that's not how my dad did stuff (still doesn't). he works sun up to sun down most days. he would tell me all the time that it's not a life he wanted for me or my siblings. I didn't want it either. mostly when people ask me why I didn't want to become a rancher I just tell them "because I grew up on a ranch"
Did you drain the hell out of that aquifer that people get freaked out about?
Quote from: steve dave on February 06, 2015, 10:55:15 PMthis is the high plains journal:http://www.hpj.com/ why do you think the print edition was such a weird size?Gonna win 'em all!
this is the high plains journal:http://www.hpj.com/
Quote from: slobber on February 07, 2015, 07:15:06 AMQuote from: steve dave on February 06, 2015, 10:55:15 PMthis is the high plains journal:http://www.hpj.com/ why do you think the print edition was such a weird size?Gonna win 'em all!This was a question that I wanted answered. Also, it was to show my HHPJIQ.
How many cows are we talking here like 1000?
sd, did you have any favorite farmer magazines to read? I used to hate BEEF because there weren't as many cool tractor picture. I think Farm Industry News was my fave.
Did you get "Farm and Ranch Living" magazine? I submitted a picture of my dad one time and the picture and my little explanation got published. That is probably, not gEing, one of the greatest things I have ever done.