1.Make plans

In order to have a successful farming operation, especially in today’s farm economy, it’s essential to have a plan ­— and more than one, at that.Make a business plan and stick to it. This is a living document, so refer to it throughout the year and make changes as needed.

A marketing plan will help you decide what products you are planning to sell, when and where you will sell them (grain elevator, farmers markets, wholesale, restaurants).

A risk management plan is essential. Accidents happen, people get sick, equipment breaks, the weather is unpredictable — in short, life happens, so plan for the worst.

Make an operations plan. Think about all the activities needed to make your business successful and who will be in charge of what tasks. I.e. who will keep the books, who will run the parlor, who will do the field work, who will run the breeding program, etc.

2.Cash flow

Selling agricultural products is often a cash business and you need to be careful with all that money. Create a plan that tracks every penny you earn and spend, and create ways to get that cash into the bank.

3.Investments

Farm equipment and livestock equipment, like grain thresher machin e,corn thresher machine etc.as well as livestock itself, are expensive but they are essential investments for the farm. Think through your major purchases, determine how you will finance them and how that investment will benefit the farm.

4.Insurance and permits

Talk with your insurance agent and explain what you want to do. A good agent will help you through the ins and outs of the business and make sure you are covered. Don’t fear regulators or insurers — they can help and protect you. Insurance, permits and licenses are all part of being a legitimate business.

5.Support system

Surround yourself with people who will pick you up when you are down but also give you tough love if you are headed in the wrong direction. Find fellow farmers and business professionals outside of farming who can give you good, honest advice from a fresh perspective.

6.Focus

Pick one enterprise that you really like, that you’re good at, and has money-making potential. There are only 24 hours in a day, so spend your time on the ones that make your business successful. Don’t stretch yourself thin by getting too diversified when you are not ready. The same goes for markets: Focus your time in places that are the most profitable for you.

7.Be flexible

Don’t be afraid to change your plans when things are not working. Review your farm plans and make the changes necessary to continue to make your operation successful.

To raise commercial farming, a huge amount of capital investment is necessary. Along with that, it needs large scale farms, modern technologies, innovative machinery, good irrigation machine, chemical fertilizers etc. to produce a high yield. Commercial farming has the main feature consisting of modern inputs for higher productivity like good fertilizers, pesticides, weed killers and many more.

Commercial farming crops are also in high demand because they are exported to other countries. It also used as raw material in industries to make food products. Commercial agriculture marketing also varies from region to region.

Commercial Farming Meaning

“The Commercial farming meaning is that where farmer producing crops on a large scale. It is a type of agribusiness where farmers raise crops and livestock to make money by selling them in the market. As we know marginal farmers are raising crops to take care of their livelihood. On the other side, farming business owners raise crops or livestock on large scale to make a profit from it.”

Mostly, Indian farmers are also engaged in this farming. Along with this, 75% percent of the rural population involved with Commercial farming. In an urban area, farming business owners buy land to produce crops, but they rent to farmers to take care of it and raise the crop.

Types of Commercial Farming in India

There are several example of commercial farming types

Dairy Farming

Commercial grain farming

Plantation Farming

Livestock Ranching

Mediterranean Agriculture

Mixed Crop and Livestock Farming

Commercial Gardening and Fruit Farming

Difference Between Subsistence Farming And Commercial Farming

The difference between subsistence agriculture and commercial agriculture can formed on following bases:

Difference Between Subsistence Farming And Commercial Farming

Subsistence Farming

There are some characteristics of Subsistence farming.

Subsistence farming is doing for farmers’ personal consumption. In other words, subsistence farming is where the marginal farmers raise crops and livestock to fulfil their family requirements.

It is a labor-intensive technique as it need too much labour input. In subsistence farming, you can increase productivity to earn high profits by adding manure to the soil.

The use of modern agricultural techniques and methods are less in this farming. In this farming, farmers need small land and manual labourers (which can be the family members of farmers).

The production mainly used by local consumption, with small or no surplus trade. You can produce food grains like wheat and rice, fruits and vegetables by subsistence farming.

Commercial Farming

There are some characteristics of Commercial farming.

In this, farmers grow crops to trade. It is also called agribusiness, where farmers raise crops or livestock to make a profit by selling them.

Following this, farmers have to invest massive capital in this farming. Usually, the farmers increase their farm productivity in this farming by high doses of manure or other modern inputs, including fertilisers, high yielding variety seeds, insecticides, pesticides peanut sheller machine and many more.

In commercial agriculture, farmworkers have to use many modern technologies to increase farm productivity. They primarily grow the cash crops and cereals in this farming.