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Small acreage profitability?


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Posted by MeAnthony on November 04, 2012 at 07:02:36 from (204.106.253.41):

Here at home I have about 3-4 acres of grass/alfalfa mix and about 1 acre of grass. Seems kinda silly to keep spending time and money to mow it.

I have a '41 9N, a JD single bottom steel wheel hand trip plow, a 3 pt. bush hog and a sickle bar mower. I have a pole barn but no power or water to it. It's located adjacent to the 1 acre-ish of grass; wouldn't take much to make a barn/pasture setup out of that area.

Aside from doing hay as a kid, I have no great knowledge of crops or animals. I certainly don't mind learning though. If I had limitless cash flow, I'd buy the local truck stop that's for sale, buy the local butcher shop that closed up, buy land & equipment, raise everything I'd need to supply the truck stop. I'm no genius but seems to me like controlling your inputs and increasing your outputs should contribute to economic stability and (hopefully) growth.

But I digress, got a little excited there, now back to my original question: Do I plow it up and plant something else? Turn a couple animals out on it? Invest in a rake and baler and harvest what's already growing? Anyone else have some ideas? Last year I found an article about a farmer out in ME or PA that was growing catnip? I'm in south central MI though; I don't know of a demand for catnip around here.

I appreciate the time you spend to share your knowledge and contribute your ideas.

Thank you,

Anthony


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