Small farms can make a living. There are several things that have to fall in place for it to happen.
1) Low debt. That means land, equipment, and personal too. So your not going to be buying much "new" stuff. 2) Will either have to be in a niche market or some type of value added product to sell. Small acres of generic commodities will NOT generate enough net income to maintain a family on no matter how frugal you are. 3) Lower standard of living than the average American has. What I mean is fewer frills. Fancy cell phones, extra cars/trucks, new houses, and etc.
Then the reality of pretty much still needing an outside income source besides farming yourself, to make ends meet.
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Today's Featured Article - A Brief History of Tractors in Australia - by Bob Kavanagh. After Captain Cook's exploration of the east coast in 1770 the British Government decided to establish a penal colony in Australia. The first fleet arrived in 1788 and consisted mainly of convicts who were poorly equipped and new little of farming techniques. The colony remained far from self-supporting and it was not until the early 1800's that things started to improve. Free settlers started to arrive, they followed the explorers across the mountains and where land was suitable set up farms. T
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