Re: How to live off 30 acres ?

Posted by jdemaris on August 09, 2007 at 13:09:01 from (66.218.12.253):

In Reply to: How to live off 30 acres ? posted by arod on August 09, 2007 at 11:55:04:

There a few people that seem to have done it in my area of central New York state - but it cannot be depended on long-term. This area was all dairy farms 20 years ago - but just about all have failed and/or sold out and are gone. Good land that cost $400 an acre not too long ago is now $2000 - $5000 per acre - even for large parcels. Taxes can easily be $3000 - $10,000 per year. So, if you have a mortgage, and also figure in taxes - and maybe want health insurance, electricity, food, etc. - you've got to make quite a bit just to break even.
I don't count people who are part-time farming with alternative incomes and also wives with good paying jobs and health insurance. But, I know a few ex-dairy farmers that have found a market for niche-type specialty crops - one is growing Peruvian Peanut potatoes and gets a very high price supplying New York City restaraunts. Another sells certified organic vegetables and beef. And another sells specialty maple sugar products. They all market their stuff 200 miles away in New York City - since nobody around here would pay the silly prices for the stuff. But, this sort of thing comes and goes all the time - and it certainly cannot be counted on. I also can't swear how well any of them are actually doing - just taking their words for it (I haven't seen their tax returns or wallets).

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