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So you started in 2011-2012. What happens when the next downturn comes and people stop buying "expensive pasture fed eggs etc"? This is my fear about doing som
by cvsh 9y ago
So you started in 2011-2012. What happens when the next downturn comes and people stop buying "expensive pasture fed eggs etc"?
This is my fear about doing something like this. Boutique farming seems like it would similar to the oil industry in how especially sensitive it is to economic cyclicality. Having spent the past 5+ years farming surely complicates the process of getting a job in tech during a contraction.
- clord 9y agoNot worried about it. First, we're not really "boutique". We don't dress anything up. It's all used machines and old bags. We charge more because that's our real cost plus a small profit... I figure thing happening in food right now is not so much a trend. Food prices are artificially low by historical measures. As the subsidies granted by cheap oil-based fertilizers goes away and diesel-powered harvesting starts to be less cost-competitive, the prices will go back to historical norms. People want the industrial system to stop cutting the corners they have been (believe me they tell us) so we make profit from those who are ahead of the curve. The way I look at it: normal food has been getting more expensive over the past 100 years and is now considered "boutique" by some. There has been a fad in cheap food that is starting to wind up as it is no longer possible to maintain. It's time to get in front of that before your food costs rise. More importantly it's time to start teaching kids how to do it too as they're going to really be in the post-climate-change world where viable solar-powered food is the most valuable thing to have a startup in.