Originally Posted by
scoooby slayer
I dress like a tramp too its the farmers way

lol
He must of made his money outside or arable farming as the returns aren't great anymore In relation to the asset value ie the value of the land
Money to be made if all owned but to buy a 300 acre farm now on a mortgage in the south approx £8000 per acre, plus barns and house and machinery so conservative guess say £3 million mortgage over 25 years, without interest that's £120000 mortgage payments per year
A 300 acre arable farm will struggle to net half of that in 12 months, it's not viable anymore sadly what a sad state of an industry.
Was much better years ago when my grandad bought some land then dad bought abit more, they paid of there land mortgage long before 25 years
I think it's sad when farmers are feeding the world yet a young man aspiring to be a farmer can't because it's not viable anymore :-(
I think he inherited the farm and then made a ton of money when a dual carriage way was built through his land back at a time when the land value was high and they compensated him well, he lived a very simple life, used to make me coffee with just fresh milk, heated on an aga and a blob of coffee, no water.