Well, before we get ahead of ourselves for a minute, I saw a documentary about this. A lot of these farmers were denied equal access to USDA loans or other assistance and several families ended up losing a lot of land over time as a result. I know the gut instinct is to shoot down govt handouts and reparations, but in a situation like this where you have farmers who want the land and plan on using it productively, I think there should be some provisions made, within reason.
How do you keep farms in the hands of individual farmers and away from ADM and ConAgra and the like? When do farmers become farmers again rather than tenants of corporations? How do real US farmers deal with being undercut by treaties like NAFTA? Perhaps the biggest challenge - and most of it may be too late to repair is the problem with family farms and inheritance. One issue is the value of the land if one or more of the family choose not to farm it - too expensive for the others to buy - exacerbated by inheritance taxes - the idiotic practice of taxing someone for inheriting land when the value of the land isn't so much the land as what effort can make the land produce. The other is that as larger family farms are subdivided by inheritance they fall below the critical mass necessary to be financially viable. None of this is or is about black and white.
In East Tennessee the small farmer is gone, they have become hay fields until they become subdivisions.Farmers/large landowners in general that don't prepare for the inevitable screw their heirs.
Farmers are also their own worst enemies and I don't care if they are crop, beef or dairy they all do the same. Prices are up so they expand herds, plant more acerage. Prices go down so they expand herds, plant more acreage trying to maintain income.
They will sell the land and move to the suburbs. No I’m not talking about black people. I’m talking about the people(all races) who received land through inheritances, where generations of family owned the property and broke their backs working it.
The individuals who receive the land won’t have the money to purchase the equipment it takes to run 160 acres. I foresee a loan program with this. Just noticed this would go to farmers already.
All to common in today’s society where people don’t have the work ethic to keep a farm going, nor the respect for the individuals who took pride in it before them. Just look at the farms around Nashville. People selling out to make a quick buck and ruining the land.
Soap box speech over.
My grandparents' farm was about 35 miles SW of Kansas City. I never really knew the exact acreage, but it seemed larger than my granddad could manage and smaller than necessary to really be profitable. As far as I can tell, the land there is going the same way as around Nashville, all about "estates" and nothing about farming. In fact, the road running by the farm was called something like 255th St - with the numbers apparently originating in KC (bizarre logic, but then it's Kansas). I agree with you; there's no respect for the land. I can't even imagine how you might take a real working farm and turn it over to a novice and make it profitable - even if the equipment went with it. Better to find sons and daughters of real farmers and make this kind of deal to them if it ever has a chance of working. This is nothing more than another "brilliant" sounding dumb government boondoggle.
They are going the way of about all small businesses. Plus, most small farmers that I know are not business people. Also, they are not connected businesswise in a way to wield any power. They are just a bunch of individuals, and independent to a fault.In East Tennessee the small farmer is gone, they have become hay fields until they become subdivisions.
My dad's uncle took over the family dairy farm and he ran it until his son took it over and now it's just hay and corn fields. It's sad to see an era die.I foresee my little brother getting out of the dairy business when our dad passes, he might expand the beef herd and try that for awhile. In the end I think he'll be the last generation of our family to work that land. His portion will probably be parceled off within the next 15 years.
Someone like you, dumb enough not to get paid up front.[/QUOTE. Not quite there junior. No contractor I know gets paid up front. Only after they sign an agreement and have done the work to my satisfaction. If somebody wants to get paid up front, that’s a sure sign of a scam. Trump on the other hand signs contracts and then routinely reneges. Something he is quite well known for. He’s just a fabulous human being.