Complexities of farming

in farming longer. Some who might have retired didn't want to sell their land in a depressed market, unless forced by a lender.
             Second, some middle aged farm families with children who might succeed them quit, or discourage their children from pursuing a farming career. Other younger farmers who had recently borrowed to start farming or to expand their businesses were caught in the interest rate squeeze and forced out of business (Looker 1996, pp9). This fed the decline of family farms, for children, who grew up on farms, did not wish to take upon a career as a farmer, but venture into the city looking for better work and wages, effects that the farm life couldn't give.
             The decline of the family farm has been heralded for decades, as growing numbers of people moved from the country top the city, and then to the suburbs. According to an article in the USA Today, a 32-year-old dairy farmer from Fort Plain, N.Y., says " You can get an 8 to 5 job, make a good living and still have (spare) time, and in the dairy business, there are huge cycles in prices. Just about the time you've caught up from a down cycle, another one comes along". This illustrates why young people are leaving the farm in search for better living conditions and money. Both the farmers and the academic experts talk about the key role of money in the decline of the family farm.
             " The evolution towards larger farms and more sophisticated equipment puts the initial investment far out of reach for most young people". "It's not a small business anymore", says John Scott, farm management and land economics professor at the University of Illinois-Champaign. "And because farming is risky dependant on the weather, at the mercy of crop and livestock diseases and victim of wild price swings-banks are unwilling to lend money to finance startup operations, especially after the disastrous defaults of the late 1970's and early 1980's, when high interest rate plowed under many f...

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