Sugar Cane Farm - Near Bundaberg
Hi all,
I am relatively green to farming but as lifestyle change I am looking at purchasing a 33Ha Sugar cane (29 Ha under cane).
I have checked out the property and have found that it has:
- 100ML of water allocation with pump and irrigation equipment
- Sandy Loam soil type
- Currently returning 90-100 tons/Ha
I am not sure how profitable it could be or is there anything else that I could do with the land? I have heard that there as the posibility of leasing the land to other growers? How/what rate? Or Buying the equipment needed to run the farm:Tractor, impliments ect.
Looking forward to hearing your suggestions
Cheers Col