Small farms are on the rise! For only the second time in the last century, there are an increasing number of farmers under 35. As more young people ditch their desk jobs to fight for the local food movement, the number of midsize farms in rural areas is growing.
In some states, the number of young farmers has grown by 20 percent, and most of these farmers did not grow up in agricultural families. They’re starting with small plots of land and no experience.
Sounds like fun, right?
Before you sell all your belongings to buy your little homestead, here are some things you should consider:
- Farming is an investment. Buying land is one of the most significant investments you will make in your lifetime. Take time to do your research. It’s easy to jump into farming and want to start NOW, which can lead to buying inexpensive rural land on impulse. Deed restrictions can be a big problem for a lot of landowners; so it pays to do your research.
- Something will always need fixing. There’s a well-known curse laid upon small farms. The moment everything is fixed, something will break. So you need to be willing and able to repair things yourself. Our advice? Keep old wood handy and plenty of extra screws.
- Tending to the land and animals is a beautiful struggle. It is physically and emotionally difficult to learn how to garden and take care of livestock; so give yourself a grace period. If you’re a beginner, give yourself at least five solid years before you expect to see any measurable profit, and make sure to take detailed notes on what does and doesn’t work.
- A farm is a never-ending commitment. Farming takes more than a bit of land and chickens; it takes a lot of time. The truth is sipping ice-tea on the front porch doesn’t happen often…if ever. Your farm will become your world, and nature doesn’t always play nicely. If you aren’t willing to give up Friday night dinners in town or weekends away with friends, farm life may not be in your future.
- You won’t look at the world (or food) the same way. Once you realize all the energy and time that goes into one farm-fresh egg or a crisp carrot, your concept of work and food will completely shift. There is no fast food when it comes to a homesteading, which means you’ll appreciate all the little things in life that you may have taken for granted in the past.
Still want to start a hobby farm?
If small farming still sounds like something you want to pursue, we would love to help! A farm is more than your personal property; it can be your largest investment.
Choose an insurance company that will be there to help protect what you rely on most.
We know how important it is for you to secure a policy that’s unique to you. That’s why we offer a wide range of farm coverage. Our agents can customize your policy to meet your specific needs.
Contact one of our agents to determine the best type of coverage for your hobby farm today!