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Problems associated with farming business
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[QUOTE="Phantasm, post: 332507, member: 94599"] Numerous challenges confront the practice of agriculture. These are inclusive of weather and climate hazards, volatility of market prices, soaring input costs, pests and diseases, land use and resource management difficulties, technology adoption constraints, labor scarcity, regulatory compliance burdens, market access and distributions issues, rural infrastructure deficits and pressure from debt and finance as well as intergenerational transfers. High changes in the weather make farmers susceptible to unpredictable outcomes with climate change magnifying these risks. Extreme price fluctuations in the market may highly affect profitability while it is also possible for the cost of inputs to rise thus increasing overall production costs. Pests and diseases can constantly endanger farming activities hence huge investments are made towards prevention. Practices that protect soil fertility have to be adopted for sustainable land management purposes. Yet again sometimes technological advancement gaps can hinder efficiency and competitiveness whilst at other times labour shortages can deflect away from major activities. Regulatory compliance may consume much time or require a lot of money. This should not only include complex distribution channels but must also take into account financial obligations and indebtedness by farmers while trying to keep up with a set of rules about who can purchase agricultural goods when; where they are located; how they operate; whom they operate with; etc. Government policies that are geared towards farmers’’ needs will go hand in hand with technological advancements within an area backed by community support in handling these problems faced by cultivators in particular. [/QUOTE]
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