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Response to Ms. Toad (Reply #2)

Tue Jun 18, 2019, 02:05 PM

5. not many farms last more than 3 or 4 generations, and the cost of land is a huge factor

it is closely related to population numbers. I think part of the point of the article was that there have only been a few instances historically where this worked and there is/was a dark side to it. I am the 4th generation on our family place and hope that some or all of my kids will follow but I also know that is pretty rare. I know of a number of other families that have been in the business for many generations, but not on the same place.

Land around here is going for better than 10K/acre and that is with no water! a nearby ranch that could maybe run 20 to 50 pairs (NOT enough to live on, much less service land debt) is up for sale again at over 4 million and they have had to haul water for the last 10 years. It is a very tenuous position for people to be sitting on millions of dollars worth of land and not be able to pay the electric bill...

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