4 ms·
This. There's no way to break into "family" farming (500-2000 acres basef on location/crop/animals) "Low returns" lololol Farming is incredibly profitable (b
by pragmatic 4y ago
This.
There's no way to break into "family" farming (500-2000 acres basef on location/crop/animals)
"Low returns" lololol
Farming is incredibly profitable (b/c good crop prices and the government makes sure it's very hard to go broke, although some people definitely try their hardest) so you will pay top dollar for land (purchase or rent).
I kinda dreamed about taking over our family farm, but the rents my retired parents are getting makes it unlikely to be profitable.
You really need to be farming 20,000 acres with the latest technology. A 500 acre farm is just not going to pencil out except as a hobby farm.