Farm Financials

Want to know how much it costs to start up a farm? How much it costs to fence in an acre of land? On a monthly basis the Freshman Farmers will be posting their budgets, lists of expenses, and general financial information. Hopefully this information will help budding farmers be able to budget for and plan for the expected and unexpected, secure funding from CSAs and/or banks, and run a successful farm!

A Breakdown of my Seed Order

February 14th, 2010
DeepSeeded Community Farm | Blog

At this point, nearly all of the seeds I ordered for 2010 have arrived, and I’ve sorted and grouped them all into big ziplock bags so they are easy to find during the season.  In this posting, I’m taking a look bag at the order and teasing out some info for you:

1) Cost - My seed costs are pretty high for a couple of reasons.  For one, I’m trialing a lot of new varieties.  This means that instead of getting a bulk price for a larger quantity of one type of, say, mainseason carrots, I am buying 3 or 4 types at a higher per-seed price.  Even when I do cut down on the amount of new varieties I’m trialing, my per-acre seed cost will remain high simply because  I grow relatively small patches of many different crops.  I’ll never be getting the largest quantity discounts.  Below are my 2010 costs for the 6.5 acres of annuals I plant over the course of the season:

Vegetable Seed: $3,186

Flower Seed: $341

Seed Potato: $1,208 - 550 lbs, 11 varieties, shipping included

Strawberry Plants: $780 - 8750 plants, 6 varieties, shipping included.  I really only needed 4500 plants, but I’m trialing new varieties.  I was able to sell many of the extras.

2) Organic Seed - I purchase certified organic seed whenever its an option for the varieties I choose to grow.  Because I rely on the income from my farm, it is more important for me to choose a variety that I know will perform as needed, even if the seed is not organic, than to choose a variety simply because its certified OG.  I do make an effort to try new OG varieties each year, but as it stands, just 66 of the 165 veggie varieties I’m growing this year are organic seed.  10 of the 11 potato varieties are OG, but only 1 of the 6 strawberry varieties was available as OG.

3) F1 Hybrid Seed - The situation is similar when it comes to Open-Pollinated (OP) varieties vs. Hybrid (F1) varieties.  I am always seeking OP varieties that perform well, but I do plant F1 varieties when they show a noticeable advantage over similar OP strains.  This year, 83 of the 165 veggie varieties are OP, and 37 of the 38 flower varieties are OP.  Because seed producers can make more money from F1 seeds, it seems that the breeders are less focused on OP strains.  I do not grow any GM seeds.

4) New Varieties - There are a number of crops where I feel like I haven’t yet found the best possible varieties for my climate, soils, or time of year.  To try and remedy this, I trial a number of new varieties each year.  Of the 220 annual plant varieties I’m growing this year, 73 are new to me.

5) Seed Saving - I am not currently saving any of my own seed.  While I recognize the potential for improving the adaptation of varieties to my farm, I am not ready to commit the time and space required.  Perhaps when I’ve identified more of the OP varieties that do well for me, I will begin to save some of my own seed.

6) Sources - I purchased seed and planting stock from 11 different companies this year.  What I’m looking for is: a) The varieties I want, b) The availability of organic seed, c) Good bulk pricing, and d) A reputation for high-quality & reliability.  This year I purchased from Johnny’s, Osborne, High Mowing, Territorial, Snow, Stokes, Peaceful Valley, Turtle Tree, Uprising, Ronnigers Potaoes, & Lassen Canyon Nursery.



Setting up for next Season - Financially

November 10th, 2009
Four Frog Farm | Blog

Logan and I received our last (we think) paychecks for the year today - that covers October. 

From now on, the rest of our income goes to buying next year’s early season goods.  We want to end the year with about 10K in the bank - that way, we will cover all of our expenses without having to personally invest in the farm from our own bank accounts.

Here’s what I expect to pay early on, until we hit the farmers’ markets in Late April:

Compost - $4,000

Feather Meal/Blood Meal - $2,000

Gypsum - $1,000

Seeds - $1,500

Boxes - $1,000

Early Season Labor (100% LEGAL) - $2,000

Misc - $1000

ToTAL - $12,500

Okay, so about $12,500 or so before we start raking it in.  That’s cool.  It will probably cost more, but we’ll keep our eyes on our expenses and not let them get carried away from us.  That’s why we’re saving our money at this time of year.  Also, when the CSA checks start to roll in in January, those will be our income, which helps us live and the farm thrive.  This past year, late winter and Spring were lean months for Logan and I.  I am thankful that I don’t think we’ll ever have to repeat that again.  

It’s tricky managing the numbers, but we run the farm with this in mind: if it’s going to help our business and operation run better (and thus, make more money), we will buy it.  If not, then we don’t buy it.   I’m sure we’ll get better at this.

Andrew

Tags: income
Posted in: Farm Financials

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Got a Farming Fantasy? Learn About the Business From Richard Wiswall

September 23rd, 2009
Peaceful Valley
This caught my attention in the Organic Consumer Association’s weekly newsletter… I’d be very curious to get your opinions on whether you believe a good living can be made on an organic farm?————————————————————————— Contrary to popular belief, a good living can be made on an organic farm. What’s required is farming smarter,… Read the rest of this article »
Posted in: Farm Financials

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2010 Soil Fertility Costs

September 16th, 2009
DeepSeeded Community Farm | Blog
I wrote a little while ago about my soil fertility plan for the coming year, and in this post I’ll break down some of the costs.  For a brief review, my plan consists of manuring (for nutrients & organic matter), mineral amendments (for P, pH, Ca, and micronutrients), and cover cropping (for O.M. and N).  All amounts are for 6 acres and costs include freight. Manures - bulk truckloads Chicken Manure - 8 yards per acre - $2000 Cow Manure - 10 yards per acre - $1500 Minerals - bought in… Read the rest of this article »

I’m Playing hooky

August 22nd, 2009
Four Frog Farm | Blog
I’m not at the Saturday morning market.  Instead, I’m playing hooky.  Actually, I’ve still got the flu and I’m doing all sorts of other things that I can’t mention here. First, I’ll give a shout out to my friend Matt.  Check out his blog.  Search for “Pyramid Farms Blog, Chico, CA”.  He’s pretty darn funny.   Second, I’ve been a little negative on the blog for a while.  I’m actually a very positive guy (you have to be to farm)… Read the rest of this article »

Honey in the Heart Farm Financials

August 2nd, 2009
Honey in the Heart Farm | Blog
Honey in the Heart Farm has been a labor of love from the beginning, which I was hoping would at least pay for itself by the end of the season.  I am working part time at Peaceful Valley in the store which gives me some income, but mostly I live a simple lifestyle that does not require a lot of money.  I am lucky enough to lease the acre of land I am cultivating for veggies (next season it will be $500.00 a year) and the water I use is free.  Those are major expenses that a lot of other farmers… Read the rest of this article »
Posted in: Farm Financials

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DeepSeeded’s Year-1 Financial Picture

In keeping with the theme of this week’s Freshman Farmer Blog postings, I want to share with you a picture of DeepSeeded Farm’s financials.  It’s a lot of information to portray in a short posting, so I’ve attached a spreadsheet to provide more detail (on next page).  In short, however, I’ll summarize costs and revenues below. Funding: $33,000 - Eddie’s Savings $25,000 - Economic Fuel Competition Prize Money $45,000 - 5-year infrastructure loan from California… Read the rest of this article »

Coyote House Financials

July 26th, 2009
Coyote House Farm | Blog
A thorough conversation on financials will kill all plant life within a 30 mile radius.  I can take it because I have an MBA and had my yawn glands removed as a child.  I will not subject you to that sort of TMI (Too Much Information for the humans among us) but instead go from the general to the specific in a gradual manner.  Just as you would not empty your manure pond into your vegetable field all at once, I will feed you financial manure at a rate that can be absorbed. We bought… Read the rest of this article »

Putting the CSA first

Sorry for the departure.  We’ve been working sun up till sun down and it’s been above average temps here in the pacific northwest.  All the farmers around here have a glow of joy about them as we’re actually getting a summer (and a tan!).  Our csa has enjoyed our heirloom variety tomatoes now for three weeks.  Although that’s great news and we’re stoked to be filling our CSA shares with those vine ripe goody balls, we’ re missing the income… Read the rest of this article »

Community Supported Agriculture farmers

Wow.  We did it.  Sunday marked the beginning our very first Community Supported Agriculture season.  We accepted our members pledge of support at the beginning of the year and now our twenty week, all heirloom variety CSA has begun.  Sunday we do a farm pickup day where families get to stop in for a minute or more to chat and see the fields if they care too.  Wednesday is the day we deliver our CSA shares to two different locations.  We go to our neighboring cities… Read the rest of this article »
Tags: CSA
Posted in: Farm Financials

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Three farms are starting from scratch.

They are turning the dirt and hoping to be successful enough to turn a profit, and to become a valuable part of their communities as suppliers of organically grown food.

Peaceful Valley is giving them a head start by offering them special pricing as part of this Freshman Farmer program.

The Farm Blogs

Freshman:
New Farms Coming Soon!
Sophomores:
Daily Grace Farms
Crescent City, CA
Freestone Family Farm
Vernal, UT
Wise Moon Farm
Redding, CA
Graduates:
Coyote House Farm
Palermo, CA
DeepSeeded Community Farm
Arcata, CA
Driftwood Farm
Fort Bragg, CA
EarthDance Farm
St. Louis, MO
Ellwood Canyon Farms
Goleta, CA
Four Frog Farm
Penn Valley, CA
Hand Sown Homegrown Heritage Farm
Poulsbo, WA
Home Plate Organic Farm
Orleans, CA
Honey in the Heart Farm
Nevada City, CA
Willow Springs Farm
Penn Valley, CA

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About the Farms

Coyote House Farm
Palermo, CA
Daily Grace Farms
Crescent City, CA
DeepSeeded Community Farm
Arcata, CA
Driftwood Farm
Fort Bragg, CA
EarthDance Farm
St. Louis, MO
Ellwood Canyon Farms
Goleta, CA
Four Frog Farm
Penn Valley, CA
Freestone Family Farm
Vernal, UT
Hand Sown Homegrown Heritage Farm
Poulsbo, WA
Home Plate Organic Farm
Orleans, CA
Honey in the Heart Farm
Nevada City, CA
Willow Springs Farm
Penn Valley, CA
Wise Moon Farm
Redding, CA

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