OP
BrokenTrack
Veteran Member
- Joined
- Jan 13, 2018
- Messages
- 1,422
- Location
- Maine
- Tractor
- Tractors, Skidders, Bulldozers, Forestry Equipment
Around my parts there were several large farms 50-200 acres that were mostly wooded , they sat on the market for several years then they decided lets clear all the trees open it up and they sold as soon as they were back on the market. Presumably for more than the cost to clear them. Pretty common practice around here now. Developments want open land and so do horse farm owners. I can see spending a several weeks clearing land knowing you will easily get your investment back just takes a lot of upfront $$$. Good luck sounds like a smart plan
Right now we have the perfect storm for land ownership. Maine has always voted for State Referendum Bonds, leaving a lot to pay for, and ultimately it gets pushed onto the landowners. At the same time paper mills have closed, so what used to be valuable forest is now almost worthless; my woodland value dropped by 1/3 of what it was. I keep doing the math, and it is always the same, a net value of $55 per acre, per year for forestland. Even if I could only raise 1 sheep per acre, I would make more money raising more sheep, but carrying capacity is actually 5-10 sheep, so it really is a no brainer land economics wise.
I will not put every acre I have into farmland, but based on the best soils, and ability to farm it, these are the areas I am targeting. Here, I am hardly alone, and the state is struggling to get a handle on it, but it just just comes down to simple math. Taxes are too high, and despite being the most heavily forested state in the nation, without markets for our wood, we have to convert it into something that works fiscally.