Submitted by coogiwaves t3_10b0439 in Maine
N0mad87 t1_j48ebue wrote
I don't know much about the economics of small organic farms but my quick math says:
- 4 full time employees at $30k = 120k
- The owner must need to make at least 60k if they have kids
- Farm equipment, taxes, insurance, farmers market fees and memberships, all other COGS - 25k?? (Total guess)
So a 6 acre farm needs to sell over $210,000 worth of produce and seeds just to make sure everyone lives. Is that possible?
Google says an average annual CSA membership is $550 x 180 customers (of the Newport farm CSA) is $99k.
I am not a farmer. Genuinely interested in how the numbers work if anyone has insight
Squidworth89 t1_j4b4ar6 wrote
You’re stopping at like the first line.
6 acres in production for vegetables.
Some animals separate from that.
And perennial plants. Doesn’t say how many acres for that.
The farm prolly makes more off perennials.
N0mad87 t1_j4bj5q3 wrote
Ah, good eye. I misread that the 6 was for only the veggies. I'd be interested in the total farm size then. I'm sure margins are still tight
Tronbronson t1_j499ncc wrote
I've never picked my local ones brain on prices, but you also have a lot of excess that gets sold at a wholesale/retail level outside of the CSA. Not sure if its enough to get to 210,000 but they will have more customers than a CSA
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