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What Is Hobby Farming

& Why Might it be Right for You?

Although hobby farming can mean different things to different people, the general idea is small-scale farming that is more focused on pleasure than income. Most hobby farmers have a primary form of income whether that’s a full-time job or a retirement fund. Hobby farming can be a great way to learn a new skill, get in touch with an old one, or just save some money at the grocery store. While hobby farming is not a main source of income, it is a great way to develop new skills and enjoy spending time outside. 

  1. Hobby Farms Require Less Space: The average farm in the United States is over 200 acres. However, the average hobby farm is less than 10. Given that an acre is the size of a football field, this is significantly less space. In fact, some small-scale hobby farms are less than a third of an acre. Making it ideal for more populated areas of land.

     

  2. Hobby Farming can be unique to you! There is no cookie-cutter form of hobby farming. Whether you’re starting a small vegetable farm or raising chickens for eggs, you can make hobby farming personalized to your interests. Bee farming, small vineyards, goat farms, and sunflower farms are a few popular choices right now.

     

  3. You Want to Invest in Yourself and Your Farm: Unlike homesteading, which requires very little budget and focuses more on the goal of living off of the land; hobby farming is a personal investment. Although you may sell small amounts of eggs or vegetables from your hobby farm, it is a source of enjoyment rather than income.

     

  4. The Perfect New Hobby: Hobbies are a way to invest in yourself. They allow you to learn a new skill, broaden your horizon and get in touch with yourself. Hobby farming is no exception. It allows you to challenge yourself in a positive way. Whether you’re learning a new skill or getting in touch with an old one, hobby farming allows you to do what you love in your spare time. 

Whatever your plans and goals are for your hobby farm, we can help you secure the perfect land loan. At United Ag Lending, we specialize in loan services for agribusiness, farming, rural residential projects, and – of course – hobby farming. So give one of our loan experts a shout at 888-204-9430 or contact us here.