Sorry for the late response. A little busy lately. Yunkman, Taterjuice, and many others have provided excellent advice. Many ideas have been borrowed from these individuals over the last two years. Many of their ideas might be repeated and maybe a few new perspectives might be added.
Ask a few of the neighbors to visit the farm to see if they could use any of the equipment or parts. In addition to selling items for more than scrap metal value, you create contacts and future clients. Start slow with sorting metal and learning about the business. Visit the scrap yard and take a tour asking lots of questions. When you have a grasp of your inventory, visit with the manager of the scrap yard and explain your situation. Do not exaggerate you inventory, but explain that you will be expanding your business. Negotiate a starting price with the explanation that you expect more when you exceed your initial figures.
Sort off non-ferrous with the idea that you will sort this during the winter and hold it until the price hits its peak. Start hauling loads and ask the manager how you could prepare your loads for his benefit in the future. He will educate you for his benefit. This strategy will provide insight and create a relationship that will pay dividends in the future.
Good luck.
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