4 Considerations to Be Aware of When Starting out in the Agriculture Industry

One of the oldest careers in the world belongs to the agriculture industry. Farming has been around ever since mankind realized that it could plant seeds into the ground and grow them for food. While the farming industry has changed drastically since then, the need for farmers still remains the same. If you’re thinking about becoming a farmer, then there are a few aspects that you should consider beforehand. Here are four of them.

What to Plant

Perhaps one of the most difficult decisions that you can make is choosing what to plant. Some of this decision may be based on where your farm is located. Certain crops grow better in certain climates and soil types. Of those crops, which do you want to focus on? Do you want to put all of your time and effort into a single crop? Or do you want to farm multiple crops? For those who want to make money off of their farming, you also need to consider which crops provide the most lucrative return after all of the care and work that you had to do.

Insurance

Another aspect to consider is whether or not you want insurance for your farm. Insurance can provide a lot of benefits to a farmer in the event that something goes wrong. Perhaps your field is flooded one season and completely ruins your ability to grow that year. Or perhaps a lot of your equipment decided to break down at the same time and you need extra money for stainless steel valves to fix them. Having insurance can be a relief for when an emergency occurs. However, you will have to decide if the monthly cost for your insurance is worth it.

Can You Plan for Retirement?

Farming is a difficult job. It requires a lot of physical labor that can be hard on the body. You’ll want to be able to retire someday. Will your farm allow you to retire? Do you need to use a third party or can you rely on yourself?

Transportation of Products

One last aspect of farming to consider is transporting. Who are you going to transport your products to in order to sell them? Do you have to travel far or close by?

There are lots of questions to consider for farming. These four can get you started on deciding whether or not farming is right for you.

Emma is a business strategist-turned blogger. She lives in Auckland, New Zealand. Emma is a  passionate traveler and yoga aficionado. She is in love with coffee, interior design, books, and good vibes. 🙂 

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