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marc26

How much do you make rice farming?

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1st off, I have zero intention of being a rice farmer!  555

 

I've been with my wife for 17 years and we started to look at buying land in her village. Her village is quite known for having good land for rice, and I believe there is 3 harvests(SuphanBuri province)

 

The thing is, land in her village usually only becomes available in large parcels.

 

I am guy who has lived in the city/downtown his whole life..........

 

But if we bought a large parcel of land and leased it for farming, does anyone know what that makes? I don't want the hassle of dealing with leasing land if it doesn't make sense financially for me.

 

Thanks for any info.........

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Posted (edited)
1 hour ago, ratcatcher said:

Have you been living with your Thai wife in the city for 17 years?

Will you be paying for the land which she will own?

Could you adjust to country life and how far from the nearest large town is this land?

Would you want to build a house on the land or just lease it to other farmers for rent?

I live in rice country, but my wife is a mango farmer. I could never go back to the urban jungle, here or anywhere.

Good luck in your investment plan.

Dated for 5 years, been living in Canada(downtown Vancouver) for most of 12 years, she goes back to Thailand a fair bit also(I do too)

We would be splitting the costs of land(and house build)

 

I've been to her village more times than I can count, it's about 20mins to Singburi, a decent sized town which I enjoy

 

I'd never live in the village full time, likely half the year but I think at this stage in life(I'm 48, probably retired at 54) I will be quite content spending time there. But I like the city and beach so would head to BKK/beach often also(and also back to Canada and US)

 

It's not so much an investment plan.......I'd happily buy 6-8 rai and not do anything on it but build a house.

Unlike your wife, my wife didn't grow up entirely in the village, so she doesn't have any idea about this stuff........

 

But if only a big parcel came available at a price I want, I'd like to know if leasing it is worth the hassle

Edited by marc26
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1 hour ago, robblok said:

Just so you know most farmers make almost no money. 

 

 

I don't know how to fix a flat tire, I ain't about to be a farmer! 

 

I was talking about leasing the land for someone to farm on it............but would only do it if it was worth it. I wouldn't want the hassle if it only returns a small amount. But have no clue what income that would generate.

 

And my wife's family is mostly raised in BKK, so they aren't farmers either.............

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9 minutes ago, marc26 said:

I don't know how to fix a flat tire, I ain't about to be a farmer! 

 

I was talking about leasing the land for someone to farm on it............but would only do it if it was worth it. I wouldn't want the hassle if it only returns a small amount. But have no clue what income that would generate.

 

And my wife's family is mostly raised in BKK, so they aren't farmers either.............

 

most thai farmers seem to be poor. the work looks hard under a hot sun. very little machinery compared to farms back home. holdings seem to be small, therefore no economies of scale, and run to generate a living for the family rather than as a successful business geared to turning a profit. plus you'd need to know what your doing or you'd be at the mercy of your thai partner's ability and knowledge... read the issan farmer's thread to see how that can pan out...

 

 

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1 hour ago, marc26 said:

But if only a big parcel came available at a price I want, I'd like to know if leasing it is worth the hassle

Hi

the answer is no

 

 

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I'm going to move this to the Farming in Thailand Forum. There are some very knowledgeable members in this forum who will be able to help.

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1 hour ago, blackcab said:

I'm going to move this to the Farming in Thailand Forum. There are some very knowledgeable members in this forum who will be able to help.

Actually thank you

I could have sworn there was a farming thread and missed it.

 

Thanks for any info provided 

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We live in Isaan. We have 7 ry that grows Tapioca and we rent it out at B 1000/ry. That's usual for here.

We also have some rice fields but at the end of the irrigation system. At the moment not enough rain and by the time the irrigation water gets to us it's all gone. Ok when there's rain. So have a good look before you buy and make sure you have water. 

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A troll post and an off topic post removed, topic is not about owning land

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3 hours ago, carlyai said:

We live in Isaan. We have 7 ry that grows Tapioca and we rent it out at B 1000/ry. That's usual for here.

We also have some rice fields but at the end of the irrigation system. At the moment not enough rain and by the time the irrigation water gets to us it's all gone. Ok when there's rain. So have a good look before you buy and make sure you have water. 

is that 1000/ry per year or per harvest or per month ? Just curious as land seems to be expensive. If its on a year base then it might even be better on the bank (maybe not)

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