Posted on Feb 6, 2023
A new barrier to life on the farm: Student debt
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Posted 2 y ago
Responses: 1
Student Debt? Never incurred any student debt with our farm, nor did my parents when they started their little family farm back in '79, after my dad retired from the Navy.
Nobody ever said farming is cheap. Time is the most valuable thing we possess, and a farmer could never be compensated for his "time". I told my family before we bought our small family farm, don't expect to make a profit, small farms just don't, you do it because you enjoy it and want the satisfaction of providing for your own peeps. I will say, our pigs have made a profit, but only if we count the cost of feed compared to the income we've received when selling them. This comparison doesn't take into affect the many hours of doing chores to feed them twice a day, spending 8 to 10 hours with a sow to make sure she doesn't have any difficulties while farrowing. Our farm is definitely a tax break for my son-in-law and daughter, since they claim all things associated with our farm.
Nobody ever said farming is cheap. Time is the most valuable thing we possess, and a farmer could never be compensated for his "time". I told my family before we bought our small family farm, don't expect to make a profit, small farms just don't, you do it because you enjoy it and want the satisfaction of providing for your own peeps. I will say, our pigs have made a profit, but only if we count the cost of feed compared to the income we've received when selling them. This comparison doesn't take into affect the many hours of doing chores to feed them twice a day, spending 8 to 10 hours with a sow to make sure she doesn't have any difficulties while farrowing. Our farm is definitely a tax break for my son-in-law and daughter, since they claim all things associated with our farm.
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