Would you quit farming?

[jack]

If you ask any successful farmer if their journey was smooth, they'll most likely talk of the many challenges like getting land, access to loans, or acquiring equipment. Would you quit to cut losses if things weren't working out, or would you hold on and change tact where necessary?

 

[Almost Eden]

Quit and get out. I don't have a big appetite for risk. Then again, I'm unlikely to ever be in that scenario. I started small and kept my day job for the first year. I started with cut flowers and cheap plastic hoop houses before adding the greenhouses and buying a shop and machinery. It grew little by little. We sunk our savings into it in the beginning though. I couldn't have sunk deep into debt anyway. I doubt any bank would've loaned us that kind of money.

 

[OhSusanna]

I'd stick with it, but I'd seriously reassess things before moving forward to another season of livestock breeding and crop sowing. There's always something else you can try to make your farm profitable, but you can't fix things until you know your weak spots.

 

[Pinewood Acres]

I'd try to switch tactics before giving up.

Then again, I'm unlikely to ever be in that scenario.

Me too, because I got a big head start. I inherited some of the operation and I bought the rest at below market rate. My grandfather started it from scratch. My father built it up more. I turned it into what it is today. I've been able to expand because they came first and paved the way.

 

[BarkerB]

I inherited my farm too but I do keep adding my own funds each year. I wouldn't ever quit! I couldn't fathom letting the family down by letting our family farm down. If it started to get bad, I'd get help before it got too bad.

 

[FarmEnthusiast]

Farming is something I got introduced to at a young age, so quitting altogether may not be a viable option. Changing farming methods, exploring new opportunities, or taking breaks can help kickstart a 'slow' venture.

 

[Petal to the Metal]

I'm all for trying something new and tweaking my approach until I get it right. I wouldn't go too deeply into debt though. At some point, it's time to call it quits.

 

[FarmEnthusiast]

I'm all for trying something new and tweaking my approach until I get it right. I wouldn't go too deeply into debt though. At some point, it's time to call it quits.

Most farmers make the mistake of staying too long with some farming methods and expecting different results. It helps to consult or take a break rather than getting too deep into debt.