Publication Date

6-15-1951

Pamphlet Number

36

Document Type

Pamphlet

Description

Can parents help their sons and daughters get started farming? The answer is yes. Parents can and do help their children get started farming by making gifts and loans of livestock and machinery and money. Fathers often help their children borrow money and rent land. In South Dakota 19 percent of the land lords reported that they rented some lend to a son or son-in-law. This is just slightly less than the coverage for aJ.1 the states in the Midwest. Inheritance and gifts of land are not uncommon. No less than 24. percent of Midwestern men who are farm owners indicated that they received all or part of their land by this means. Another 16 percent of the male owners bought ell or pert of their land from relatives. Only 60 percent of the men who owned farms claimed to have gotten them without family assistance. In a survey made in South Dakota more than half of the farmers said that they had received substantial aid from parents either through gifts of land, money or equipment or through inheritance. Less than three out of ten claimed to have achieved ownership without some sort of financial help. This seems to say that parents play a very important part in helping their sons get started farming. Because there is not enough farms for everybody there is keen competition among the sons of farmers to get started farming as partners, renters and owners. It seems reasonable to believe that, in the case of young men of equal ability, starting at the same time end in the same neighborhood, those sons who get the most help from their parents are most likely to succeed in getting started farming.

Number of Pages

14

Format

application/pdf

Publisher

South Dakota State College

Disciplines

Agricultural Economics

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