Part of the NOFA Guides. Includes information on: Lessons from systems science (including tools) Assessing the whole farm (what are we managing? the people, physical and mental assets, money) Understanding the farm ecosystems (the water and mineral cycles, dynamics of the biological community, the energy flow) Choosing appropriate tools Making a framework to test decisions Including examples and statements from practicing farmers, and more holistic resources and alternative business models.
This essential guide leads aspiring and beginning farmers through the business aspects of starting, growing, and maintaining a successful farming enterprise, from goal-setting and thinking like an entrepreneur to selecting equipment, evaluating markets, managing financials, farming with natural systems, and dealing with the day-to-day challenges of operation.
Farm Planning with Linear Programming: Concept and Practice focuses on concepts and methods in farm planning. The book first discusses the principles of farm planning, including elements of farm planning problems, summary, and review questions. The text highlights farm planning models. The nature of models; commonly used farm planning models; multiple constraint problems and program planning; problems in applying models; and comments are considered. The book also focuses on the linear programming network; opportunity cost and the simplex method; and analysis of the linear programming solution. The text also explains tableaux construction for short-run planning. Crop and pasture rotations; feed budgeting; buy, sell, and hire activities; and livestock reconciliation are discussed. The book also describes pastoral property applications. Breed comparison; economics of off-farm grazing and spatial diversification; and optimal calving date and lactation length on dairy farms are discussed. The text is a good source of information for agricultural researchers, farmers, and students wanting to study farm management.
Economics of Aquaculture presents basic economic theory in a concise and logical format which is easily adaptable to practical application. Examples of economic solutions to common problems help you understand the need for economic application to aquaculture and the success that may come with sound economic planning and management. It also provides coverage of virtually all basic principles of microeconomics, farm management finance, and marketing applicable to the aquacultural industry. You will “walk” through the intricate maze of decisions which are necessary for success in the business environment. The regular and on-going business of aquacultural production and marketing is addressed as a continuous problem set for the student or producer. Business decisions are shown to be logical extensions of those in production and vice versa. A successful producer must be a successful business person if production is to remain an option. Thus, the real and logical need for economics in production is carefully presented. Additionally, producers and students alike will find that application of careful economic planning results in long-term viability for individual producers as well as community projects, cooperatives, or even governmental projects. Special sections in the book illustrate the savings or costs of right and wrong decisions as well as those related to short versus longer term planning and investment. Other topics covered in this book include: role of aquaculture in economic development fish demand and supply farm management and operation time value of money in the short- and long-term capital budgeting market structure and price theory government in aquaculture Along with students, other readers will find the business help they need in Economics of Aquaculture. Professional aquaculturalists will find the topics of basic production economics, marketing, and cost analysis particularly relevant and governmental administrators will find the presentation of basic principles, time value of money, capital budgeting, and the role of government in aquaculture a valuable resource for years to come.
In the modern globalized economy, it is important for businesses of all sizes to take advantage of the opportunity to enter diverse markets around the world. Through an international presence, organizations can remain competitive. Agricultural Finance and Opportunities for Investment and Expansion provides emerging research on the sources and profitable uses of funds in agricultural enterprises and sustainable agricultural production. While highlighting topics such as agricultural credit, enterprise expansion, and risk management, this publication explores the theoretical applications of agriculture through a business perspective. This book is an important resource for managers, academics, researchers, scholars, and graduate-level students seeking current research on the implementation of agriculture as a means of improving society and economy.