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Farmer. noun. someone who owns a farm or manages it as their job.
Technological advancement has created more opportunities for farmers to develop a profitable business. Small farms (earning less than $50,000 annually or occupying less than 180 acres) are now considered potentially lucrative as both rural and urban business opportunities.
Farmer. noun. someone who owns a farm or manages it as their job.
The Conservation Reserve Program is administered through the USDA's Farm Services Agency and provides annual payments to participants who agree to take their land out of crop production and establish conservation-friendly vegetative cover crops instead. Participants enter into contracts for 10 or 15 years.
Often, a farm business will contract for another farmer to complete a stage of production in the raising of livestock. The farmer, as contractor, can then specialize in one of the stages of production, and pay another producer to either provide young animals or finish the production cycle.