Seeking secondary opportunities
Many young farmers use their parents as mentors and resources from whom they inherit land to start their own operation. However, some take matters into their own hands. Beginning farmer Ben Jones is looking into entrepreneurial opportunities to develop relationships with local farmers and to get land of his own to try out in the future.
“I’m thinking of adding a seed dealership to our operation to get to know more farmers in our area, and maybe, someday, some of those relationships could turn into land opportunities,” the Milford, Iowa, farmer posts on the Farmers for the Future network. “Does anyone know about how much commission you earn per unit or bag? Would it be worth the time?”
Farmers for the Future members offer their help to the 25-year-old.
“It depends on what company you go with on how you get paid. You only get paid based on sales volume, and it’s pretty low,” part-time Kansas farmer Morgan McNeal advises. “We make most of our money treating the soybeans with insecticide, fungicide, and inoculant.”
Scott Edward Dudek of Richmond, Michigan, recommends looking for an independent seed company rather than a large umbrella corporation.
“These would be good opportunities to start. Do not expect to get rich, as most pay $5 to $10 a bag on corn and about half that on beans,” Dudek posts.
Jones researched numerous seed dealers and bounced ideas off seed representatives as well as Farmers for the Future members in the forums before becoming a seed dealer himself. Using his experience, Jones now lends guidance to others in similar situations as when he started. Join the network
Become a member of Farmers for the Future to share photos, to seek advice, and to interact with other young and beginning farmers. Join the conversation at farmersforthefuture.com.