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Farm Management

Farm Management . Week 1 Agustina Shinta. Definition of farm management. FM is a decision making science. It helps to decide about the basic course of the farming business. The basic decisions of the farming business are :

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Farm Management

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  1. Farm Management Week 1 AgustinaShinta

  2. Definition of farm management • FM is a decision making science. It helps to decide about the basic course of the farming business. • The basic decisions of the farming business are : • What to produce or what combination of different enterprises to follow • How much to produce and what is the most profitable level of production • What should be the size of an individual enterprise, which, in turn, will determine the best overall size of the farm business

  3. (d) What methods of production should be used (e) What and where to market A major concern is about adjustments which are more suitable, profitable, and about exploring new situations and opportunities for maximization of income and satisfying other golas of a farmer.

  4. The constraint in the enviromental conditions • Land • Capital • Management • labour

  5. Many disiplines can be used on farms with profit

  6. Next material ……………………

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