Off-farm Income

OFI 1010: Diversification As A Hedge And Using Equipment You Already Own To Create Off-Farm Income | Replay with Allen Deutz | Deutz Heritage Farm

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Sinopsis

SHOW NOTES KEY IDEAS:  Today we get to profile a very innovative and hard-working farmer.  At the same time, we get to tell a story that we have told before, and we get to show you a great model for creating a sustainable farm as well as creating off-farm income. Allen Deutz is the owner of a farm purchased by his great-grandfather in 1920 in southwestern Minnesota. In just one more year this will be a century farm.  Like so many generational farmers Allen was faced with creating a business model that would allow him to continue to farm the property and have it available for the next generation. Allen first tried the dairy business, as his father had operated this farm as dairy.  However, even as he was excelling in his performance as a dairy farmer, the economics of the dairy industry pushed him right out at his small scale.  So, Allen transitioned to raising some commodities - corn and soybeans, raising grass-fed beef, raising all-natural pork, and raising free-range meat chickens.  It is in this diversi