Farmers Become Creative In Identifying Profit Opportunities

June 13, 2013 in Daily Bulletin

Twilight Greenaway took a look at modern day small farmers:

  • The median farm in the United States consistently incurs a net loss.
  • Farms have thus become creative in identifying new sources of revenue.
  • Some use their produce to create unique products such as goat milk paint or specialized jams, cheeses, and soap.
  • As society has moved away from agriculture it has also become more interested in farms as a tourist attraction, and farms have capitalized on this through the addition of attractions such as corn mazes and hay rides.
  • Farms have also become popular wedding venues, generating lucrative fees for farmers.

Read more about the creative ways that farms are generating revenue, how small farms compare to industrialized mega-farms, and more over here.

Source: Modern Farmer