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would it be cheaper to own a farm?
In the UK vegetables can get expensive quite quickly if you want high quality stuff. The same with meat too. Would it be cheaper to have a farm in the near future and pay people to look after it rather than buying produce all the time? I could utilise all of the animal and vegetables to to help make it sustainable?
Thanx.
2 Answers
- random_manLv 77 years agoFavorite Answer
What you are basically asking, is would running a small farm as an absentee owner be profitable? Even a relatively small farm is going to produce a lot more food than one person could eat, so you'd have to sell off your surplus.
My guess is that this would not be a profitable venture. Or looked at another way, your cost of operations would likely far exceed the value of the food produced.
The killer (economically speaking) of this venture, would be in hiring staff for small-scale production. You'd need to have some economy of scale to spread out that overhead in order to make money.
Growing food yourself - you doing all the work, and on land you already own, would probably be cheaper than buying it.
- Donut TimLv 77 years ago
Paying people to look after it is the most expensive part. That is the same as buying from present farmers.
You can grow vegetables in your back yard quite inexpensively.
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