Small acreage business planning in Missouri
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Small acreage owners often want to earn income from their land. Income goals may range from “making a little extra” to operating a full-time business that provides significant household income. Land can generate income in many ways. The focus here is on agriculture and related enterprises. Rather than a “how-to” guide, or a step-by-step business planning guide, this publication focuses on important questions to ask as you consider ways to earn income using your small acreage. Interest in small acreage enterprises is partly tied to rebounding small farm ownership. Approximately one-third of Missouri farms — which produce $1,000 or more in agricultural products per year — are less than 50 acres in size (USDA Census of Agriculture, 2017). The number of Missouri farms less than 10 acres grew 57% from 2012 to 2017. Owners of slightly larger land tracts, 10 to 50 acres, showed a 4% increase during that time period.
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This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 License.
Provided for historical documentation only. Check Missouri Extension and Agricultural Experiment Station websites for current information.
Provided for historical documentation only. Check Missouri Extension and Agricultural Experiment Station websites for current information.