4 answers
Asked
343 views
Is agriculture a profitable industry?
In Arizona is agriculture a good investment?
Login to comment
4 answers
Updated
Maneesh’s Answer
If follows a fair and honest practice, agriculture is the field to be in. Today the world is going back to age old basics of organic farming. Over the years using chemical fertilizers and pesticides we have ruined mother earth. Organic farming has a lot of demand across. You can even start experimenting on your terrace / kitchen garden with basic leafy greens / tomatoes / beans. Advise you to learn. experiment and keep expanding. But again organic farming has a humungous demand and one can be highly successful. Good Luck!!!
Updated
Erick’s Answer
Agriculture is fairly wide industry. You have to be in the right location for the type of agricultural business you want to get into. Are you into farming, ranching, dairies, processing, etc.
Updated
Wade’s Answer
The industry is leaning towards bigger and bigger companies that own everything and you just work for them. There does to seem to be a growing revival of sustainable-ag, small farm-to-fork, return to your roots type ag. I fall into the latter and would l love a small farm. I would say start today, have a small garden. See what you love, see what you can do. Even if you don't make a living at it, you can always find you're little plot satisfying.
Updated
Reed’s Answer
Juan,
I have a lot of family in the agricultural industry that do very well for them selves. My uncle works for a large fertilizer company, my cousin works as nutritionist for cattle, and my grand father was a farmer. I think the most important thing to think about when getting into agriculture is that it is a business that you are working to make as efficient as possible, wile working with the weather, and growing living things. My Uncle works to get the most from the crops so that the farmers get a good return on investment from the plants they grow. My cousin works to balance the diet of the cattle, so they produce the best milk and beef. Finally my grand father had to make sure he grew crops to support the cattle, and crops to sell. He also managed a milking operation, as well as beef cattle. Everything on the farm needed to be in balance so that the farm was as profitable as possible.
Learn about business with a focus on agriculture
Learn financials with a fococus on agriculture
Think about if you want to focus on animals, plants, or the whole operation of running a farm
I have a lot of family in the agricultural industry that do very well for them selves. My uncle works for a large fertilizer company, my cousin works as nutritionist for cattle, and my grand father was a farmer. I think the most important thing to think about when getting into agriculture is that it is a business that you are working to make as efficient as possible, wile working with the weather, and growing living things. My Uncle works to get the most from the crops so that the farmers get a good return on investment from the plants they grow. My cousin works to balance the diet of the cattle, so they produce the best milk and beef. Finally my grand father had to make sure he grew crops to support the cattle, and crops to sell. He also managed a milking operation, as well as beef cattle. Everything on the farm needed to be in balance so that the farm was as profitable as possible.
Reed recommends the following next steps: