New farmer - wanting advise and help

2 posts
Wed, 04/23/2014 - 21:08 #1

Member for

10 years 8 months
Dunks
Last seen: 03/08/2018 - 21:05
Joined: 04/23/2014 - 21:01

New farmer - wanting advise and help

Hi Guys,

Found this forum using google and have had a read of some posts and wanted to make a post of my own and reach out for some advise.

I've been working in Real Estate for the last 3 yrs or so and before that was in the media for about 10 but i hate the city...always have!

I'm wanting to start a cattle farm but honestly... don't know where to start or what areas to look at starting it up.

I currently live in Melbourne but would be open to moving pretty much anywhere to start our new life.

Some of you may laugh and call me crazy but i've always had a passion for the country life and this is something i want to do and stay doing.

If anyone can help me and guide me in the right direction on what i should do/look for and advise how small i should start off it would be appreciated.

Hope someone can help, all the best.

Forums
Farming Help
Top
Fri, 04/25/2014 - 10:12 #2
charlie
Last seen: 12/26/2018 - 09:21
Joined: 05/31/2011 - 09:44

Hi Dunks,

Welcome to the forum, great to have you on board. 

Your idea is not crazy, you and many others are looking to make the move from city to country living.

I would first try and narrow it down. If you are planning to go farming full time and make a living out of it you will need to build up your skills and knowledge. Initially I would look at leasing a small farm maybe close to Melbourne, to get a taste for it and build up prior to moving onto a larger farm. You could upskill yourself by doing a farming course at tafe or one of the agricultural colleges. Also, the following publications are good resources and would be a good place to start:

http://farmstyle.com.au/book/farming-small-way
http://farmstyle.com.au/book/farm-agskills
http://farmstyle.com.au/book/beef-ag-guide-getting-started-beef

Farming is just like running any other business (except for the weather) you will need sufficent capital to start out and strong skills to manage the business. Most banks will only lend 60% of the value of the farm due to the risk of rural security. You will therefore need a large deposit saved or have other secuirty available to support the purchase.

Be sure to let us know how your farming journey progresses.

Regards,

Charlie

Top

Our Sponsors and Partners


  •  
  • Rivendell financeTopcon value line press release