Annie Pilon is a Senior Staff Writer for Small Business Trends, covering entrepreneur profiles, interviews, feature stories, community news and in-depth, expert-based guides. When she’s not writing she can be found exploring all that her home state of Michigan has to offer.
Unless you’ve got a lot of acreage and equipment, making a profit on corn & soybeans will be an uphill battle. Frankly, I’d avoid anything that is traded in the commodity markets.
Many are going into farming nowadays. Even more so in organic farming. The demand is higher.
Having moved to the tropics and leased a little land, I may give one of these options a try. Leaning towards lavender as it can be dried or turned into oil and kept for as long as it takes to get a good price. Failing that, just some God old fashioned vegetables for myself!
I want to buy a farm and grow something that will bring in a decent profit.
Would be great if I could grow ganja I guess.
Lotti Harold Mahlalela
I would like to know .moreabout plants that I can spend less to grow and maintain but make more profit
How come hemp didn’t make the list?
I don’t know where this list came from but, as a small-scale farmer, most of them are either not small scale or are not popular enough to be worthwhile. If you’re starting a small farm DON’T use this list.
Any suggestions on where to start?
I’d start with tomatoes and lettuces. Grow natural, no synthetics and you’ll get a better price. Upscale restaurants are always looking for good produce. I’d also grow cilantro and parsley. A broad range of produce and you can well at the farmers market
I’m surprised medical marijuana didn’t make the list. For the states that are legal. It is fairly easy to grow 60 to 70 thousand worth of product, on a quarter acre. However for those that don’t want to grow marijuana. The fresh herb market can be very lucrative. Mostly selling to local restaurants.
I bet ganja is one of the most profitable crop in the US LOL