Investing in Farm Implements is Good or Bad Idea?

The agriculture sector is growing with the help of globalization and indurtlization. If you are planning to invest some money in this sector then this is the right time to do. It is a good idea that you are taking interest in farming as many other people do. After you figure out that you are going to invest in farm implements but What type of farming you are planning? because the category of farming will change the farm machinery types.

There are mainly two types of Farming Traditional and Modern methods of Farming.

1. Traditional farming-

Uses manure & compost to increase productivity and save crops from parasites and sickness.
More farm labourers & no use of machines
Depended on seasonal rainfall or the reserve water like lake and river.
Animals are used to complete the tillage work
Poor Production the quality product received.

2. Modern Farming :

1.Uses chemical fertilizers that work very well on the crops in compare to manure & compost
Fewer farm labourers due to use of Farm Machinery
Well occupied sprinkling system and So not dependent on seasonal rainfall.
Tractors and tractor attachments used for preparing the field
Production is more but the products are of less quality.

Now mostly farmers are using the modern farm machine and new technology. Machines like combine harvesters, Tractor and tillage equipment like a plough, rotavator and harrows are the part of modern agriculture. These machines are helping farmers increase their productivity and income So yes it is best to invest money in Farm implements and machines.

Reference - https://www.fieldking.com | http://onlystudybyte.com | agriworldusa.blogspot.com

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