If you own a small farm, there is no shortage of stuff competing for your time and money. This includes new opportunities, new tools, and (sometimes) new toys.
So what farm investments will pay you back for the time and money you put into them? Here's a few of my plans for investing in New Terra Farm, to get us ready for the farm challenges I see in the near future.
Weather-proofing your farm. You may have noticed we're having a lot of weather this year. Every time I turn on the news, there's a 'once in a century' rainstorm, or a '300-year flood'. I think the old norms and traditional weather patterns are changing, and the farmer better get ready for the new world of turbulent weather.
At New Terra Farm, we've always used raised beds, row cover, and drip irrigation to try to offset flooding, freezing and drought. But for several years now, due to the cold, wet spring, it seems we're later and later getting into the garden.
So we went a step further, and put up a lean-to greenhouse for starting and sheltering transplants, and a larger poly-tunnel hoop house on rails. a la Eliot Coleman.
This has really paid off in terms of extending our season, and is also a major benefit in being able to start farming even if the season is cooler and wetter than usual.
Ensure your water supply. I think
building a farm pond or other backup sources of water -e.g. a cistern -
is one of the best farm investments you can make. Seems like any place
not experiencing flooding this year is suffering from drought. Do what
you can to ensure a secure supply of water for your crops and animals.
Farm investments in appropriate technology and techniques. We find it's getting increasingly tough to find good farm help. At the same time we're not getting any younger, and 8 or 10 hours a day of 'stoop labour' is losing its appeal as we progress through our fifties.
We took a big chunk out of labour by hiring a neighbour to till our garden and make raised beds using his equipment.
Since having access to this equipment
gives us new capabilities, our growing techniques changed too. I increased my use of plastic
mulch film, to help suppress weeds, warm soil, and help
After experimenting with plastic mulch for a few seasons, I've come to the conclusion that I prefer the regular poly film type over the 'bio-degradable' film that breaks down in the soil. There's a couple reasons for that:
Invest in energy-intensive goods. Anything that requires a lot of energy - e.g. steel - or a lot of petrochemicals - e.g. plastic - to produce is only going to get more expensive. This includes things like fencing wire and steel t-posts, hand tools, tractor parts, and poly film for hoop houses and mulch.
We plan to buy a lifetime supply of these
items over the next couple years. If stored out of sunlight poly film
will last indefinitely. And wire fencing and t-posts will last decades
if kept out of the wet. I think these farm investments will have a
better payback than RRSPS or IRAs; they make good barter items, too.
Invest in perennial crops. I mentioned we are changing our growing methods to suit the capabilities our new technology will give us. We are also adding perennial crops like grapes, brambles and nut and fruit trees to our crop mix.
Once established, these crops will
produce for many years, with much less maintenance than annual vegetable
crops. Less work, more crop diversity, as farm investments go that's a
Invest in yourself. Knowledge is the ultimate farm investment. I spend thousands of dollars a year on improving myself; (some might say I have a long way to go;-)
This means not just learning more about gardening and farming and animal husbandry, but also learning about setting goals, how to stay motivated, how to market on the Internet, how to bounce back from failures, and in general how to be a happier, more focused, and more fulfilled individual. I believe this is one of the best farm investments I can make.
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