Saturday 30 September 2017

The economic link between farming and technology

Most, if not all successful businesses, have leaders who know how to go with the times, who understand change as it should be. Companies with leaders who are stuck in an era or unwilling to learn fold up sooner or later. This is true for all kinds of businesses, including farms. 

Image source: farm-equipment.com


Now people who don’t know better might think that farms don’t go through change as much as say, IT companies. The common misconception is that farms don’t really need a lot of new technology to keep operating at maximum level. This couldn’t be more wrong. Technology plays a big part in a farm’s success. 

Take for instance two farms that supply the same produce in the same town. The size of the farms is the same. The manpower is the same. However, the owner of the first farm invests in big tractors, while the owner of the second farm stays with his old reliable engine. The result is that the first farm will overtake its competition in terms of production. The first farm will also be able to keep its prices lower, and in the end, grab the attention of more customers. 

Image source: blog.usaid.gov 

Geoffrey Morell provides the community with high-quality farm products from his farm, P.A. Bowen Farmstead, which practices managed grazing of dairy cows, pigs, and poultry. Learn more about the Morells and their work by visiting this website.