Farming. How easy to start with zero knowledge?

Farming. How easy to start with zero knowledge?

Author
Discussion

Transmitter Man

4,253 posts

224 months

Tuesday 2nd August 2016
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Very interesting.

I note it was incorporated in 1963.

You plant the crops and the customer collects the produce then pays you.

I like that.

Phil

Storer

5,024 posts

215 months

Tuesday 2nd August 2016
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It is easy to look at a diversified farm business that is performing well and think 'I can do that'!
It is worth remembering that most successful diversified farm businesses take a lot of time, effort, investment and commitment to become the success you see. Along with a good deal of luck. For every attempt at diversification that succeeds, there will be at least two that fail.
The farmer who is diversifying his business already knows how to run the farm reasonably well/professionally.

You think you can effectively start two new businesses you probably know nothing or very little about. Good luck with that!


hidetheelephants

24,388 posts

193 months

Tuesday 2nd August 2016
quotequote all
Leithen said:
... inheritance tax advantages mean that land and farm prices are artificially high.
Bing! Until this is changed agriculture in the UK will remain hobbled to subsidy or niche value added stuff.

Storer

5,024 posts

215 months

Tuesday 2nd August 2016
quotequote all
hidetheelephants said:
Leithen said:
... inheritance tax advantages mean that land and farm prices are artificially high.
Bing! Until this is changed agriculture in the UK will remain hobbled to subsidy or niche value added stuff.
Agreed, but with commodity prices where they are there is no money in virtually any type of farming at present.
It is also worth remembering that mother nature and the weather have a big say in farming incomes. Neither have helped this year.