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Do farmers also fall into the trap of not spending their money wisely? I remember looking back and noticing a few financial blunders that I had committed. There is always a chance to learn and correcting past mistakes. Is drawing up a budget sufficient at times?

We all venture into farming with the hope of getting a profit, but at times this does not happen immediately. In the coming year, I want to attend as many trade fairs as possible and do more research. It is dangerous to try out new things without having realistic expectations.

Not only is growing everything you eat a great accomplishment, but it is also one of those things you desire to do someday, however long it takes. It would be great to read about that farmer and the pitfalls he underwent because this is no mean feat.

Have you given this a thought before as a way to extend the gardening season? I'd love to have a background greenhouse kit that provides a warm environment for plants to be grown all year. Where should I start?

We have quite a variety of crops in our garden that include pepper, lettuce, peas, onions and garlic. In future, our target is to grow some cabbage, some carrots and beets. All I know about cocoa beans is that they grow in limited areas.

Thank you for that correction; I edited the original post accordingly. A thing to note is that this type of farming excludes the application of fertilizers, biologicals or chemicals.

Ooh yes, it isn't cheap to rent a bulldozer, and that's why most construction companies prefer to buy, rather than rent or lease. Go for equipment that is in good health because old ones tend to operate sub-optimally, hence leading to unnecessary repair expenditure.

When I posed this question to a few of my farming friends, I got all sorts of responses. In my understanding, this is a model in which a custom operator performs all machine-related operations on the owner's land at a set rate. With this method, a farm owner ends up reducing financial risk...

I think you have it figured out already, but for that acreage, I would also consider livestock like cattle and sheep that are suitable for a ranch. You could also raise ostriches, bison and emus. I wish you the best as you plan all this out.

I wouldn't specify the period, but yes, a financial plan can be the difference between success and failure. There are many things I would want to achieve in 5 years, including increased productivity and manageable debt. How about you?

Like you say, making a profit in the first few years may not work, but I think purchasing anything more than 40 acres is ambitious of you. You can lease part of it as you gain more experience. You are definitely in the right place.

When a friend mentioned this a few months ago, I brushed it off as a rumour. Technology evolves quickly, but I don't think driverless-tractors could soon become a reality. Perhaps with time, driverless-tractors will be more advanced.