Off-Farm Income


Everybody knows that obtaining land is the single biggest obstacle to overcome for a new or beginning farmer.  And the current state of real estate all over the U.S. is pushing us towards the point that it seems almost impossible.  So, if a person wants to farm on a commercial scale, what are they to do.

In our society, innovation always seems to answer these difficult questions, and it may very well be true this time as well.  On today's show, I get to speak with Alex Albu of FarmBox Foods.  Alex and his colleagues have developed a system of vertical farming in storage containers that can be placed anywhere, in any climatic conditions, and get somebody farming.

It is really a very interesting concept.  A person on a small, residential lot could start farming in one of these containers and be producing the same farm revenue that could only be replicated on 30+ acres of ground.  And of course, the investment in this equipment, while significant, pales in comparison to the ground and is not subject to growing seasons or environmental difficulties like storms, freezes, or drought.

In our interview, Alex states that farmer is recovering their initial investment in their systems in about two years.  That is pretty good if all you need to do is purchase a 1/2 acre lot and one of these pieces of equipment to up and running.  And, in this system, Alex suggests growing the best of lettuces and mushrooms to tell at premium prices to restaurants, grocery stores, and individuals through farmers' markets.

This is really a very innovative idea, and I am very excited to see where it goes and how many people it can help to get started farming.

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Direct download: OFI_1035__Farm_In_A_Box_Instead_Of_On_Land___Alex_Albu___FarmBox_Foods.mp3
Category:farming -- posted at: 12:30am MST