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Leaving New York City for the Farmlands of Illinois

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Case: Leaving New York City for the Farmlands of Illinois
There are a lot of things to consider before making a career changes, especially one as big as uprooting yourself from the business world in a major city to moving to rural farmland, learning a new trade from the bottom up. It is crucial to research your options before making any decisions. The advice from your colleagues in the text does bring up some really good points. If the article in The Wall Street Journal holds to be true, now would be an excellent time to get into the farming business producing corn crops if there is going to be an increased demand for corn to produce corn-based ethanol as a gasoline substitute. If there will be an increase in the demand for corn, the price of available farmland to plant corn crops (a limited resource) could potentially increase drastically.
You should definitely consider your opportunity costs when deciding whether or not to make this career change. Currently, you have a job as an investment banker, working in the highly populated cities of New York and Hong Kong. You are looking to leave the city for a more relaxed environment, which is something life in Illinois as a farmer could potentially offer. The $80,000 initial investment for the 80 acres of farm land seems like a relatively good deal, and will give you a great start as you venture into your new career. You will need to consider your overall financial situation. You have enough to purchase the land, but you will also need to take into consideration how much additional upfront expenses you will have in order to get the farm ready to produce crops, and how long it will take for you to yield the crops and turn a profit.
I believe that it is important to research the farming industry a little more and see what equipment and materials are required to produce successful corn crops. According to the 2011

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