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Arable Farming
Cropping
Time and Patience
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<blockquote data-quote="Mr Tree" data-source="post: 7080362" data-attributes="member: 1713"><p>We are an average sized rented farm still 75% on AHA rent.</p><p></p><p>We diversified 20 years ago because obviously we were making a fortune then too!</p><p></p><p>We may not be the worlds best farmers but certainly not the worst - we have a few ‘new’ things but 30 years ago my family farm had 3 tractors up to date out of farming now we have 2 tractors (1 paid fully and owned by the diversified business )</p><p>The diversified business also pays nearly half the salary of the 1 man we have now where 30 years ago we had at least 2 just paid on the farm.</p><p>It also puts money into the business for ‘use’ of infrastructure etc.</p><p></p><p>The simple fact is that if you’ve got average grade 3 land ,rent and inherited borrowings then you too are on borrowed time.</p><p></p><p>Chasing land on fbt tenancy is completely wrong ( done it both contract and fbt)and leads to higher borrowing and investment in depreciating assets( bigger tractor needed bigger drill etc) to chase bugger all!!</p><p>I really don’t know what the future is for small/average sized no other business interests farmers .</p></blockquote><p></p>
[QUOTE="Mr Tree, post: 7080362, member: 1713"] We are an average sized rented farm still 75% on AHA rent. We diversified 20 years ago because obviously we were making a fortune then too! We may not be the worlds best farmers but certainly not the worst - we have a few ‘new’ things but 30 years ago my family farm had 3 tractors up to date out of farming now we have 2 tractors (1 paid fully and owned by the diversified business ) The diversified business also pays nearly half the salary of the 1 man we have now where 30 years ago we had at least 2 just paid on the farm. It also puts money into the business for ‘use’ of infrastructure etc. The simple fact is that if you’ve got average grade 3 land ,rent and inherited borrowings then you too are on borrowed time. Chasing land on fbt tenancy is completely wrong ( done it both contract and fbt)and leads to higher borrowing and investment in depreciating assets( bigger tractor needed bigger drill etc) to chase bugger all!! I really don’t know what the future is for small/average sized no other business interests farmers . [/QUOTE]
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Time and Patience
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