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re: Starting a buisness (farming) and curious where to start
Posted on 2/20/17 at 7:49 am to FelicianaTigerfan
Posted on 2/20/17 at 7:49 am to FelicianaTigerfan
Farming is a tough business to be in, if you do it it should be because you love it not because you expect it to generate large profits.
Livestock, particularly feeder cattle, is probably a breakeven business at best most years because a large portion of the nation's herd is from mom and pop 50 cow herds where they have no idea of their cost of production and are just doing it for the lifestyle.
Orchards are tough but there is more profit opportunity there than in livestock imo, but it's all from higher risk/reward. I know the peach industry is about wiped out in Louisiana because the EPA banned methyl bromide use.
I think the main opportunity in ag right now for small producers is in organic/niche markets, piggybacking on the local food movement.
Livestock, particularly feeder cattle, is probably a breakeven business at best most years because a large portion of the nation's herd is from mom and pop 50 cow herds where they have no idea of their cost of production and are just doing it for the lifestyle.
Orchards are tough but there is more profit opportunity there than in livestock imo, but it's all from higher risk/reward. I know the peach industry is about wiped out in Louisiana because the EPA banned methyl bromide use.
I think the main opportunity in ag right now for small producers is in organic/niche markets, piggybacking on the local food movement.
Posted on 2/20/17 at 10:13 am to GeneralLee
Read an article recently on organic / niche markets and apparently water buffalo's are pretty good. The real water buffalo mozzarella is ridiculously expensive.
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