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Tool list:
Oxy acetylene or Propane (propane may be preferable - since mostly for cutting and heating rather than welding)
metal cutting bandsaw (or sawzall or hacksaw)
Grinder (4 1/2 inch for starters)
Basic stick welder (or Mig, better; mobile stick or mig also acts as backup generator for the farm)
Drill Press (Floor model with low RPMs might be better than table-mount)
Rod cans to prevent rusty rods
Basic mechanic drive set (1/2", 3/8")
Auto darkening helmet (can get for roughly $100)
Heavy vice
Vicegrips all sorts