Making money with land

   / Making money with land #1  

JMER817

Platinum Member
Joined
Jul 12, 2008
Messages
546
Location
Grass Lake, Michigan
Tractor
John Deere 4120
I have approx 4 acres of farm land that I am looking for some unique (profitable) ideas of what to grow to supplement my income with. A quick google search and I see herbs, bamboo, garlic, gourmet mushrooms, lavender, etc. anyone have any experience with any of these or any other ideas? Located in lower Michigan. Good well drained soil.
 
   / Making money with land #3  
the way to decide what to grow for profit is to look into the marketing side first. you can grow 4 acres of garlic...can you sell 4 acres of garlic?
 
   / Making money with land #4  
Gemstone corn, raised for seed. Currently 20 seeds costs $5 or about $50 an ear for seed. Four acres of that would be ........a lot!

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   / Making money with land #5  
Do you have a local farmers market? If so stop by and see what is being sold and ask around to see what customers are looking for or willing to buy. This is coming up on the best time of the year for this research. If not stop at some local grocery stores and talk to the manager/owner. See if there is a market you can help them fill.

Also talk to friends and family they may know some people also.

Good luck.
 
   / Making money with land #6  
I have looked at this for years. You really need to be near a high income area to make it work. I have been to the A2 farmers market, and have spoken to vendors coming from Ohio and Indiana, plus folks from 2 hours+ drive in Michigan, they go to the A2 market. It is the best money for them, they will travel a couple of hours each way to peddle there. There is a waiting list to get into the market, and pretty strict requirements ( mostly very little reselling ). To me, the production would be interesting, the marketing would be a lot of long hours in Michigan weather, lots of driving, for not a whole lot of money. My dad and both grandparents did truck farming, there aren't many doing that now - it's hard work for low pay. I suspect some of these folks aren't even making minimum wage, after all the costs are accounted for. I talked to one guy at a local market that was trying to save $300 to buy a small greenhouse to start plants in. I think he gave up, I never saw him again. And the 3 acres of strawberries that my dad did were a lot of hard stoop labor. High value crops usually means high labor inputs. And crops need work at certain times - you simply can't put things off, You need to pull some long, hard days sometimes.

Basically if it was easy, everybody with a couple of acres would be producing something.
 
   / Making money with land #7  
If you are making money it is probably not a legal crop:D

Like others have said, small acreage requires care and attention which usually equates to manual labor since you can't afford machinery.
 
   / Making money with land #8  
a crop like garlic doesn't require a lot of time.
 
   / Making money with land #9  
Watched a show the other day about farming Aloe Vera on small pieces of land.

Another option is to grow "organic" alfalfa. Pretty amazing what some people will pay for something that is "organic" as opposed to regular alfalfa.
 
   / Making money with land #10  
The real issue is marketing. I think to be sucessful, you need to start there. Probably spend more time with that than production.
 

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