The answer is it depends. In Virginia, ten acres qualifies for farm tax credits saving a great deal of money on taxes. This is a huge benefit in the long run, so I would say the minimum qualifications for a perfect plot would meet the state standards for farm tax credits. Your farm accountant will be able to fill in the gaps here.
Could you provide for yourself on less? Absolutely! Square Food Gardening boasts that four 4ft x 12ft x 6in beds will provide enough food for one person every day of the growing season with a little extra for visitors and friends. Stepping into the permaculture realm, there is a two acre Vietnamese food forest that has sustained a family's food, medicine, fiber, and building materials for 300 years and 28 generations. That is like you starting a self sustaining garden for your great, great, great, great, great, great, great, great, great, great, great, great, great, great, great, great, great, great, great, great, great, great, great, great, great, great grandchildren.
A serious concern when trying to pack animals in a small space is pasture rotation. After being grazed, the pasture needs to rest and to be allowed to regenerate otherwise it the green material will quickly be eaten to dirt. The magic number appears to be 91 days of rest before animals are reintroduced in rotational beef examples. By rotating pastures stocking rates can be increased, so not only are the plants more nutritious for the cows, but you can fit more cows in the field - that equals more money in your pocket and food on the plate.
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