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  #1  
Old 12/11/12, 06:17 PM
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Headed HOME! What would you do??

Soon to be returning to my childhood farm, land that has been in my family for over 200 years, pretty proud of that part. I will have only 2 or 3 acres initially, the farmer who has rented the remaining 25 plantable acres the last 20 years will be retiring in 5 years or less, at which time I plan to take over the farming of it. 20 of those acres will have to be leased from family.
I hope to be selling my contract back to the company in about 8 to 10 years which would allow me to pay off the home, at which time the DREAM would be to be able to go into business on the land full time. With such a relatively small parcel is it too far fetched to think I could discover a way to make $40,000 off of 25 acres?? There's another 10 to acres wooded that are available to eventually expand.
Any ideas on how I could achieve my goal? If it was yours, what would YOU do??
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  #2  
Old 12/11/12, 06:25 PM
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I realize the conventional corn/wheat/soybeans will never come close to scratching the surface, but thats what it'll be until I can sell the contract in 8 to 10 years, simply because until then I will have to have a decent paying full time job and will only have about 20 hours a so a week to devote to it. I'm hoping to find the way then build the infrastructure between now and then.
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  #3  
Old 12/11/12, 06:46 PM
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Hows your area for Farmers Markets? You could grow veggies for sale there, perhaps some heirlooms - they usually go for higher prices.
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  #4  
Old 12/11/12, 06:56 PM
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Ya gotta go with what ya know.
What are your interests?
Livestock, exotic birds? (chinese phesants, peacocks, exotic fowl of many sorts.)
Or gardening, herbs, exotic flowers.
Its your call.
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  #5  
Old 12/11/12, 07:14 PM
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@mnn: The State farmers market in Raleigh is less than 45 minutes away and stays packed on weekends and they're open every day. Theres one about 15 minutes away in Wilson thats open 2 half days a week. Starting to see more and more people renting parking lot corners and setting up shop and seems to be somebody at them every time I ride by.
@mars: I'm with you on that one! My interest is fruit. The majority of the intial 3 acres is going towards peaches and grapes. Some strawberries. Maybe some tomatoes. Livestock probably only as a supplement.
Thing is with fruit, not sure its wise to plant trees on land that is leased even if its from family.

Last edited by jsh27896; 12/11/12 at 07:16 PM.
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  #6  
Old 12/11/12, 11:10 PM
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I plan on making 20 off two so it does not seem out of line.
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  #7  
Old 12/11/12, 11:29 PM
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Big Dave, how long you been at it? Thats outstanding, cant get my numbers to show that kind of profit per acre. I grew up in the dirt, my grandfather maintained a family garden that was an acre plus an acre of potatos and quarter acre watermelons. I earned my first tobacco check at 8 years old, regretfully earned my last at 18. I'm familiar and comfortable with the work involved. Dont mind the hours, like I said I'll be working 40 and farming 20 until I can find the way to do it as a sole source of income.
Problem is all I know really is how to do on a farm is prime tobacco, and other than a little for personal use, dont plan growing any. Most of my knowledge is thru osmosis only. Have done lots of research on just about everything. Getting time now to figure something out and develop the plan. Anywhere I can find good info on people in my situation that have succeeded at with the small acreage I have access to? My love is fruit. Just dont own the acreage for a bunch of trees.
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  #8  
Old 12/12/12, 06:55 AM
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Congrats & good luck w/plans.

Patty
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  #9  
Old 12/12/12, 07:27 AM
 
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Strawberries? They seem to sell really well at our Farmers Market. And raspberries, a local grower has a couple of hoop greenhouses, and offered raspberries up into October, sold out in a few minutes with those. My brother was going to start a blueberry enterprise, did the research and all, then got transferred. But he found that there is good demand for quality blueberries, and you could get a bunch on your own acreage, if the soil is appropriate for them.
Good luck, sounds exciting to get to go back to the home farm!
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  #10  
Old 12/12/12, 07:29 AM
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Howdy.
Greenhouse/s aquaponics , retail your place or very close possibly team up with other vender's (crafts) and wholesale customers. Just a lettuce crop has decent numbers if you have the sales.
And no heavy equipment.
jim
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  #11  
Old 12/12/12, 05:26 PM
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Obviously retail is gonna beat wholesale. Is there a wholesale market for peaches, berries, grapes, etc. in NC?? Somewhere you can what you cant readily retail? I drink about 3 servings a day of fruit juice and could save a fortune making it instead of buying it.
Guess I need to change my research from growing to selling.
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  #12  
Old 12/12/12, 06:15 PM
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Research some of the folks who have done this already, so you don't have to re-invent the wheel.

http://www.motherearthnews.com/susta...z86mazgoe.aspx
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  #13  
Old 12/12/12, 06:21 PM
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Five Acres and Independence:
http://www.amazon.com/Five-Acres-Ind.../dp/0486209741

You Can Farm, by Joel Salatin:
http://www.amazon.com/You-Can-Farm-E...s=you+can+farm

http://smallfarmersjournal.com/
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  #14  
Old 12/12/12, 07:04 PM
 
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Farming, whether a 5,000 acre corn/soybean farm in the midwest, or a 1/2 acre produce farm with occational market sales, takes a lot of startup, a lot of time to learn the ropes, and a _lot_ of work.

The payoff typically comes 10 years down the road, long time of living off noodles, and putting more money into it than you get out of it for a long time.

The big bucks per acre require you have a cheap labor force (children or nephewsneices or_ if_ you can find good help) that does an amazing amount of grunt work, and you spend most of your time on the phone or traveling to sell your product. You need to retail, and you need to catch the latest fad, and be prepared to change to the next fad, and sell, sell, sell. You need to find the market if you want to get the cash. You need to sell yourself and your operation as better than all the rest, and charge a lot, rather than trying to undercut others..... You want to give the illusion of being extra special and worth getting more than others get for what is, essentually, the exact same product they can buy in the store for pennies.

Often about 5 acres is a good size for these high dollar, high workload, high risk operations. You might want to end up still renting out 15-20 acres when you get to where you want to be.....

The high risk I mention is the weather - you can lose an entire year's crop in 15 minutes of storm, or a few months of drought or a night of frost - but you still have all the operating costs, plus you will be letting down your customers with no production so have to start over with marketing the following year....

And the market - your customers can be fickle and change their mind - or the ecconomy can change it for them and what worked well for you this year, fails to sell or make money the next year.... Again leaving you with all the costs, but no income or future for the following year.

It is a big feast or famine deal!

And takes a long time to establish. It is good you have 5-10 years to work up to the goal, and see how it goes for you, make your mistakes on small scale and learn what your area wants.

Many of the successful operations have multiple crops to spread out the risk, spread out the work load, and spread out the customers so you are selling to many more types of people. Expand your market, expand your sales window, expand your work load....

I'd be a little scared with just fruit. Takes 5 years to get to production, and another few to get mature production trees. Pretty much all comes ripe at the same time. Not really any value added to make your crop stand out. One night of frost and you are hosed, That is all super high risk.

Up here vineyards have really caught on. What they sell is an experience at a nice little farm, some interesting wine selections, maybe a bed & breakfast. They don't sell grapes; they sell an experience and charge for that experience. Who wouldn't pay an extra $15 for a bottle of averagw wine when the farm looks so cute, the owner is so friendly.....

Anyone can grow some crops, you'll need employees to do that grunt work.

You need a hook, an experience, a show, to attract people with dollars.

You need to spend your time selling yourself and your experience to the folks with the dollars.

You need to start with a ton of dollars and several years, to set up and create the 'experience' that you will be selling.

Certainly you can do farmers markets, or direct to resturants, or invite people to your farm for U-pick, you don't need to make wine.

But you need the vision, you need the creativity to sell 'that', not just sell a crate of fruit like any other store that gets the same fruit for a buck a crate.....

That's how 5 acres, or 20 acres, can make big bucks. It's not the digging in the dirt.

Paul
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  #15  
Old 12/13/12, 07:10 AM
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Quote:
Originally Posted by jsh27896 View Post
Obviously retail is gonna beat wholesale. Is there a wholesale market for peaches, berries, grapes, etc. in NC?? Somewhere you can what you cant readily retail? I drink about 3 servings a day of fruit juice and could save a fortune making it instead of buying it.
Guess I need to change my research from growing to selling.
Retail only beats wholesale if you have enough sales to pay all the bills.
Wholesale does have some advantages- no sales bldg, sales staff, dealing with the public.
On a good location I like the combination of both. And I really like having a variety of products in the store.

One could make a case that the sales plan is the start point of a business model. If I had to be in a bad situation, I'd rather struggle to grow something than struggle to sell it.

Have you had a chance to look into aquaponics? Allot of aq models are about veg sales not fish sales. But to me if I wanted to feed my family I'd set up for both and work compost to sell and use the worms as supplemental feed, also BSF and crickets.
Now you are selling vegs (that may normally be out of season) worm dirt (how much per lb?) composting worms (around $30.lb), BSF (don't know the street value,, may be more valuable as supplemental feed), and crickets.
jim
I forgot. with aquaponics greenhouse you work indoors, don't care if its raining or if the ground is too wet to work, you don't give a flying flip about the first and last frost, no fertilizer/pesticide/fuel bill and more
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Last edited by solidwoods; 12/13/12 at 07:13 AM.
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  #16  
Old 12/13/12, 02:21 PM
 
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In order to make any money the first year you need to think out of the box. i knew a guy that grew Watermelons and Cantaloupe and sold them at a farmers market and made enough to start buying a farm and pay the rent on his 5 acres. In 10 years he made a mortgage for a Section (1 mile x 1 mile) of land to start really farming but he also grew watermelons and cantaloupe each year for luck.
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  #17  
Old 12/13/12, 02:50 PM
 
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Originally Posted by rambler View Post
I'd be a little scared with just fruit. Takes 5 years to get to production, and another few to get mature production trees. Pretty much all comes ripe at the same time. Not really any value added to make your crop stand out. One night of frost and you are hosed, That is all super high risk.
Depends on what you plant... In NC, there isn't much you CAN'T grow, other than some true tropicals. By planting a diversity of types of fruit/berries you can get things ripening from May-Nov pretty easily.

By drying, canning or fermenting the products you can add value to one or more of the crops and come up with your own brand.

There are quite a few fruits/berries that don't flower until well after the risk of frost has passed. It's all about spreading out the risk.

Growing (and being able to sell it) is still a relatively high risk operation compared to a regular 9-5 job, though. Definitely agree on that one!

My long term goals of making a living off our property are not too different from the OP.... Here is what I have done starting in the Spring of 2011. Just starting down this road, but I'm happy with the results so far!
http://wellheeledhills.wordpress.com...-an-arboretum/
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  #18  
Old 12/13/12, 10:41 PM
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You might want to look at everything veggrower posted
and this
Opinions - Feasibility of a large market garden
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