It will be a 40 acre max for hemp.The problem is that unless we get a decent textile market going, the market will be flooded immediately. Think about how big the people operation is that grow weed. Now think about someone growing even just 80 or 160 acres.
Textiles are where it can be really good for farmers IMO.
Here is an article (and video) about a popular farm to market near Omaha that recently closed up shop, as hard to make it work:
https://www.omaha.com/omahadines/ne...cle_3c67b7d8-cf37-5189-8c8e-5e428bcf7a93.html
Links to 3 other non-traditional farms north of Council Bluffs:
Aronia Berries
https://www.sawmillhollow.com/
Lavender
http://www.loesshillslavender.com/
Pictures of a buck and bobcat there:
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Goats
https://honeycreekcreamery.com/
Article on goat yoga, among a few articles there at that site (the big guy up front plays linebacker for the Arizona Cardinals, but I don’t recall his name):
https://www.nonpareilonline.com/lif...cle_998ce007-a76b-5bb6-a686-b1436757fa9e.html
OP, as he has here before, might consider a move to Des Moines.
Just speculating, but from what he has posted here about his vocation, it seems he might be able to find well compensated work there. The farm land south of Des Moines is also more diverse and recreational and affordable.
The Des Moines lobe of the Wisconsin glacier stopped in Des Moines. The landscape south of there is about 500,000 years older if I recall correctly.
I think I got those pictures of the buck and the bobcat from their Facebook page, where IIRC, they might have speculated whether they were attracted to lavender. Deer and bobcats though are all over the place.Looks like they could make some money leasing out hunting rights. That's a darn nice buck.
How do people remember stuff other posters said a year ago? I can't remember what I posted last week and people in CF are always talking about what users said a long time ago. Either I have the world's worst memory or other people actually look at user names of posts. IDK...
Honestly, to the people saying they only have 80 acres, or 400 acres, or whatever... Maybe I don't understand it, because I see the possible liquidity in all of that and the ability to sell most of it and still live in a relatively rural area while having millions of dollars, if that's what they want.
People say selling the farm would be a failure, but isn't the point to make money? Or is the point to live on an acerage? Or what?
You don’t remember that? As I recall you were scouting out possible places to live, with diverse responses, from capitalcityguy’s to others.How do people remember stuff other posters said a year ago? I can't remember what I posted last week and people in CF are always talking about what users said a long time ago. Either I have the world's worst memory or other people actually look at user names of posts. IDK...
Honestly, to the people saying they only have 80 acres, or 400 acres, or whatever... Maybe I don't understand it, because I see the possible liquidity in all of that and the ability to sell most of it and still live in a relatively rural area while having millions of dollars, if that's what they want.
People say selling the farm would be a failure, but isn't the point to make money? Or is the point to live on an acerage? Or what?
I remember posting it, but if a different poster said that a year ago I would not remember who said it.You don’t remember that? As I recall you were scouting out possible places to live, with diverse responses, from capitalcityguy’s to others.
I think it's fairly safe to say that farming isn't the best ROI but you do you. When you posted I thought you were stirring the pot and this post pretty much confirms it. So did you ever make the move? @Clone83 actually gave you a good suggestion if you've moved into the DM metro area.
Agree Agriculture I think is at a weird crossroads. I think over the next 50 years we will see dramatic changes. Frankly there’s little free market about it and it has lead to practically insurmountable starting costs. I think the reality is a lot of the government aspect will change. You will see more diverse crops and a healthier economy.I'm not stirring the pot at all. I think working for yourself is Noble, it's something I'd like to do, I like economics and business, and I think there is physical beauty in farms. Looking out over rolling hills is beautiful to me. Running your own business while living in that type of setting and making a profit seems like an incredible life.
But if you can't make money and have no practical knowledge of farming it sounds almost impossible.
Thanks. I don’t believe I have a photographic memory, but a good one.I remember posting it, but if a different poster said that a year ago I would not remember who said it.
Yeah I'm pretty down on it. My Dad and his siblings have been in semi retirement farming only what they own, which is a total of only 480 acres between three of them. So clearly economies of scale aren't there, but they stick to equipment appropriate for the scale. Made some good money in better markets, and can make it work now, but my Dad can live on his SS alone, so it's not critical. When I look at the prospects of it once I inherit some land, I'd be at 80 acres owned, 80 acres with a good rent rate from my sibling. While a good start, not enough to pay for fixed costs and expanding through rent or borrowing to purchase just doesn't pencil out.
Yeah, you'd really have to enjoy it for that to be worth it.
Personal connection to the land. Selling land and investing in higher returning assets would feel like a failure for essentially all farmers.
Honest question, if land is still close to a record high why not sell everything and try something else? When I drive down the highways all I see are miles and miles and miles of $10k/acre land, wondering if the owners could get a better return elsewhere