Links

Patricia Brooks Arenberg, The Chronicle Herald, June 16, 2014

http://thechronicleherald.ca/business/1215336-farmworks-points-to-investment-fund-results

Excerpts:

“…just some of the more than two dozen jobs FarmWorks loans have helped bring to Nova Scotia from May 2012 to December 2013.”

“Twenty full-time jobs and six part-time jobs were created as a direct result of the FarmWorks loans over and above the (21 full-time and 14 part-time) jobs held by the business owners themselves,” says a survey released Monday that was conducted on behalf of the co-operative.

“We’re pretty happy with the results to have created that many jobs in that short period of time,” Linda Best, co-chair of FarmWorks, said in an interview Monday.

“It gives a good indication of what can be done if we start investing in food production in Nova Scotia.”

Kirk Johnson, New York Times, July 1st, 2012

http://www.nytimes.com/2012/07/02/us/small-scale-farmers-creating-a-new-profit-model.html?_r=1

Excerpts:

“….. beyond the familiar mantras about nutrition or reduced fossil fuel use, the movement toward local food is creating a vibrant new economic laboratory for American agriculture. The result, with its growing army of small-scale local farmers, is as much about dollars as dinner: a reworking of old models about how food gets sold and farms get financed, and who gets dirt under their fingernails doing the work. “The future is local,” said Narendra Varma, 43, a former manager at Microsoft who invested $2 million of his own money last year in a 58-acre project of small plots and new-farmer training near Portland, Ore.

“More predictable revenue streams, especially at a time when so many investments feel risky, are creating a firmer economic argument for local farming that, in years past, was more of a political or lifestyle choice.

“How you make it pay is to get closer to the customer,” said Michael Duffy, a professor of economics at Iowa State University, capsuling the advice he gives to new farmers in the Midwest.”