Productivity is a simple equation when it comes to mathematics: it’s the ratio of outputs to inputs.
And while it is that simple to measure. Trying to gain a positive number is challenging, especially for farms. First, remember that farm’s productivity isn’t dependent on the crop or livestock yield; instead, it is the market output.
Nevertheless, let’s not dwell on mathematics. Instead, let’s look at practical ways to increase the market output, i.e., productivity.
1. Implement land reforms
Back in the 60s and 70s, there was a considerable debate on which farms — large or small — were more productive?
The answer: neither.
The more productive farms that brought in the new implements — tractors and harvesters — on their farm. They cut down the labor and hours and proved profitable in the long term.
Of course, advertising open farm jobs and bringing in labor sounds more cost-effective in the short term. But that is not the case. It increases the number of hours of harvesting, but the product is also less profitable.
And that is true for all types of farms: agriculture, horticulture, aquaculture, floriculture, even when it comes to animal husbandry and livestock farming.
Just bring in the new pieces of equipment. And the implements will prove why there are more beneficial than working by the old ways.
2. It’s time to start bringing in technology
Machines reduce labor and increase profits.
Guess what? Technology amplifies it to an immeasurable scale.
They do buy assessing the farms in real-time.
The terminology biotechnology does not only sound cool. It is cool. In fact, you might be already benefiting from biotechnology.
Have you happened to choose genetically modified seeds livestock? Well, that confirms it!
Nevertheless, aside from biotechnology, numerous other innovations are made for the farming industry that can be a real game-changer.
Here are some things to consider:
● Crop sensors
The fertilizers and pesticides do bring up the produce. However, there could be side effects with pesticides and fertilizers under different conditions. And that’s where the crop sensors come in. They help you know the overall health of the crop in real-time.
Thus, you can be sure about the crop’s condition (or livestock) at all times. This will help you deal with any vulnerabilities and bring everything back to normal.
● Weather Monitoring Systems
One of the most significant advantages of technology is its accurate future predictions. As a farmer, you understand the importance of the right weather conditions. And that’s where AI technology comes in.
It helps you know about the weather conditions in advance and prepares artificially to meet any adverse effects that the future environments may bring upon your produce.
● Supply Chain Management Systems
Don’t know which market will give you the best price for your products? Well, let the big data find it for you.
Using simple tools, you can find out the best profitable marketing strategy and increase your profit margin on a large scale.
3. Smart water and resource management
You do not have to waste your money and time on something that doesn’t work.
So, bring on the experts and figure out the solutions yourself.
Because regardless of whatever your current management methods are, there are ways to improve them with continuous advancements.
First thing, you should start with the things that are a waste. Plus, use the big data to analyze your current farming practices. Finally, act on the suggestions and improve them.
4. Incorporate sustainable agriculture practices
As the name suggests, sustainable farming ensures the better use of land, water, and genetic endowment.
It’s simple: you have to conserve everything for the generations to come.
But what’s excellent is sustainable agriculture is also profitable in many ways. So here are some practices of sustainable agriculture that you can incorporate to benefit even in the market:
● Crop Rotation
Crop rotation is the practice of avoiding farming the same crop year after year. This will ensure better soil conditions. And, in turn, provide better products.
Reduce the wastage of resources and increase production efficiency.
5. Protect the farm
Chemicals and pesticides are not harmful as long as you know that you are using the best-in-class ones.
The best pesticides insecticides reduce the chances of inefficiency. So, ensure to learn about the best chemicals that could level up the production and turn in more profits.
6. Crop insurance
Crop insurance is taken for granted by many. But it is the only thing that covers your profits if something happens to your produce.
It’s never a choice. But a necessity.
Moreover, it covers both the operating costs and the risk of yield failure.
7. Maintain accounts
An average software can easily manage your accounts and keep track of all the inventory, money, labor, and operational costs.
And having accounts can benefit you by knowing the numbers in detail.
Regardless of farm size and money put in, money on the paper and sheets works better than in mind. The numbers will let you know about everything clearly and ensure cash flow.
There are tons of other things that could be improved depending on the type of farming you are practicing.
But this guide tells you about improving on all types of farming.
So, regardless of whether you are yielding crops are yielding livestock, these seven tips will maximize your produce and level up your productivity. So, use these as essential guides and research more on the farming you practice to increase your productivity.