farmguy

4 ms·

1. 1.▲
   by farmguy 3y ago

   Correct.
2. 2.▲
   by farmguy 3y ago

   Yeah I'm not super sure of the specifics on "death tax", haven't spent time researching it enough. It's just a topic of conversation from time to time in the family. But the general strategy today is set up a gener
3. 3.▲
   by farmguy 3y ago

   Just making it more competitive. Yield on corn 50 years ago was half what it is today, which is good for a growing population. Our neck of the woods in the 70s used to have 25 farms where now 1 family farms the entirety. If you're go
4. 4.▲
   by farmguy 3y ago

   Isolation, financial pressure, lack of control, fear of being the generation that fails. Almost impossible to buy your way into farming as an individual business strategy (10k/acre in the midwest, need ~500 acres to support a family).