FARM BUSINESS NEWS
Klinefelter: By the Numbers
Danny Klinefelter DTN Farm Business Advisor
Fri Aug 29, 2014 07:00 AM CDT

I attended a meeting a few weeks ago where there was a roundtable discussion on helping young and beginning farmers get started. One of the main things discussed was that with the capital intensity of agriculture, it doesn't make sense to help someone start out as a stand-alone operation. The best bet would be to help young farmers get started with an established farmer whether it was a child with a parent or an unrelated party with a farmer without a successor.

We discussed several scenarios. (1) Someone who started out with a non-farm job and had managed to buy ...

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