Dick,
As I said you're a success story just waiting to be told. Anyone city
kid who can pay off a 100% financed farm in less than 20 years has a lot
to share with the next generation. Why you would suggest to college
students there is no opportunity is beyond me.
As for my grazing group at least half are like you. First generation
farmers who are making it on their own credentials. It might even be an
advantage as they don't have old ideas to contend with.
Dave Forgey
But Dave, How many of your 'members' started farming with 100%
financing? Back in '74, I had an old bucket tractor and 2 Jersey cows. I
decided to leave the University nonsense and farm, so by April of '75, I
had adequate, but used, crop machinery, a rented farm and 57 Jerseys,
and a monthly payment. Carol and I started looking for our own farm in
'77, and purchased what is now Amity Farm in '78. Our 'lenders' simply
became 'owners' of this show, I got 100% financing, and it's worked.
Ownership came back to Dick and Carol about 16 yrs ago--a reflection of
positive thoughts from our lenders. But Folks, the best part?---it's
been an exciting change of life for two city kids from Boston. Dick
