Quote:
Originally Posted by Norwest Alta
I'm not sure but believe you need 160 acres and need $10000 in transactions to claim farm status. You don't need to make $10000 in profit. I think the land base is important because anyone could go buy $10000 in cattle and pay someone to pasture them.
|
You realize a lot of farmers lease land, and dont necessarily have all of it up front. I think leasing pasture is the most economical way to go if youre just starting out. Not everyone can go drop 500k(and thats cheap) on a 1/4 section of land, plus buy the livestock, plus all the equipment needed to care and move them. Lease the land to start or run your cattle with someone elses and build from there.
__________________
“If all mankind minus one, were of one opinion, and only one person were of the contrary opinion, mankind would be no more justified in silencing that one person, than he, if he had the power, would be justified in silencing mankind.” John Stuart Mill
|