Posted by ss55 on July 30, 2013 at 19:50:10 from (173.19.101.220):
In Reply to: Can it be done? posted by Joe Pro on July 30, 2013 at 11:36:37:
$40,000 /(180acres x 90% tillable) = about $250 net profit per acre. That may be hard to accomplish even in a good year. Go over your figures very carefully.
Fourty years ago you could raise a family on 160 acres with some livestock or a part-time job on the side. Thirty years ago you could raise a family on 160 acres and at least one off-the farm job. Today 160 acres is a hobby farm.
As others have said, keep both full time jobs and farm on the side. I'd avoid time sensitive crops like hay because it will conflict too much with a full-time job. You don't want to use up all your vaction and some sick time to support the farm, that could sour your relations at work and possibly hurt a marriage too.
Good luck. It is not impossible, but it will be very tough, double check your figures very carefully.
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