So I’ve got some bad news to share. Had a family meeting today.
This will be our last year family farming crops. Due to the massive increases in fertilizer cost, fuel cost, equipment maintenance cost and lastly, new federal regulations, government taxes and fees that have more than doubled in less than a year, it simply costs too much to continue. This combined with the massive losses at the hands of the squatters, this is the only option to keeping the farm viable long term.
While corn and soybean prices are still near record highs, the sheer cost to plant next year is more than double our gross revenue this year. All due to the above.
We’re going to be liquidating the row crop equipment and letting a larger farmer rent the farmable ground.
FJB
Still doing the goats and cattle but we are done with corn, soybeans, etc.
And sadly, we won’t be the only ones. But the plan going forward will at least let us keep the farm itself. Even if **** goes to hell.
Sorry Chris defiantly a pain.
