When is it best to reinvest in your land?

When is it best to reinvest in your land?

THERE IS an old saying that goes, “If you cheat the farm, the farm will cheat you.” We are certainly going through some terrible economic times, but I believe that we often get distracted when dealing with general news media and only see the negative articles. The truth is that very positive things are happening in the agricultural community.

Agriculture in our state has always been a driving force. History shows rises and falls in any industry, but agriculture doesn’t see the extremes you see in real estate, development, travel, etc. This is a wonderful reason to reinvest in your land. Now is a perfect time to use higher profits to replant a pasture, improve drainage, make the land that you own a little better, and lessen your dependency on outside sources.

Let’s also look at the cattle business. Our company is experiencing a large number of inquiries for the design and implementation of new pastures. This is due to the strength of cattle prices and the forecasts predicting they will remain strong. Maybe it is time to update a well, irrigation system, or replant a little heavier than normal. On our properties we are putting the “extra” back in to the farm and reinvesting in Florida agriculture.

CREDIT

column by BRAD WEIHRAUCH

BIO: Brad Weihrauch is a Polk County native. He grew up around a family business of agriculture and customer service. After Winter Haven High School, he went on to complete his education at Polk Community College and Warner Southern College. After serving 17 years in customer service for a large retailer, Weihrauch returned to his agriculture roots and founded RWC, an agri-service and management company, in 2002.