What does diversified mean in agriculture?
Crop diversification means growing more than one crop in an area. Diversification can be accomplished by adding a new crop species or different variety, or by changing the cropping system currently in use. Commonly it can mean adding more crops into an existing rotation.
Why is diversified agriculture important?
Diverse Crops Bring Diverse Benefits spread farmers’ economic risk. exploit profitable niche markets. create new industries based on agriculture, strengthening rural communities. aid the domestic economy, enabling producers to grow crops that would otherwise be imported.
What is diversified production?
Product diversification is a strategy employed by a company to increase profitability. and achieve higher sales volume from new products. Diversification can occur at the business level or at the corporate level. Depending on a company’s goals and the industry.
What are the advantages and disadvantages of diversified farming?
1. Better use of land, labour and capital: Better area land through adoption of crop rotations, steady employment of farm and family labour and more profitable use of equipment are obtained in diversified farming. 2. The farmer and labour engaged all the year round in different activities.
What is the difference between mixed farming and diversified farming?
4. Mixed Farming [Crop Production + livestock raising (10% income)] 5. Diversified fanning (≥ 50% income by single enterprise) 6.
What are the benefits of diversification?
Diversification means lowering your risk by spreading money across and within different asset classes, such as stocks, bonds and cash. It’s one of the best ways to weather market ups and downs and maintain the potential for growth.
How is diversification used?
Diversification is a technique that reduces risk by allocating investments across various financial instruments, industries, and other categories. It aims to maximize returns by investing in different areas that would each react differently to the same event.
What is agricultural diversification?
Agriculture Diversification refers to either a change in cropping pattern or the farmers opting for other non-farming options like poultry farming, animal husbandry, etc. This practice allows farmers to expand the production, which helps generate a higher level of income. Changing a cropping pattern implies the …
What is the importance of diversification in agriculture?
By every mean, Diversification in agricultural activities proves to be extremely beneficial for small farmers to increase their incomes.
Why is crop diversification important?
The importance of crop diversification lies in the fact that it effectively increases soil fertility and controls pest incidences. The boost in rural employment impacts the overall economy of the nation, as agriculture in India falls into the primary sector of the country.
How does a small field help farmers?
Since multiple crops can be harvested from a small field, the production increases ten-fold, which ensures a substantial amount of income .
What is HVC in agriculture?
Do your research on the high-value crops (HVC) cultivated in India and how it contributes to the economical growth of the country. Almost 43.21% of people are associated with Agriculture in India, making it one of the most vital service sectors of the nation.
Why is rural farming beneficial?
It is beneficial for most rural people as they can opt for profitable supplementary employment other than agriculture. It paves the way for earning a better income and improves the standard of living.
What is non-farm employment in India?
The scope for employment in non-farm sectors in India is immense. Some of these are listed below. Livestock – It includes breeding, raising and nurturing the pastoral animals for food or raw material (like meat, milk, wool, skin, etc.) that can be used for commercial purposes.
What is agricultural diversification?
The agricultural diversification definition as described by the UK Government: ‘adds business activities to traditional farming methods to develop new sources of income’. Agricultural diversification is not a new concept, it is, however, more commonplace and broader in nature than it was years gone by. Today, around half of all UK farmers use some …
What is diversification in farming?
Diversification comes in many forms, and farmers take a differing approach depending on their geographical location, consumer demand, the physical resources of the farm in question, the agricultural finance options available and each farmer’s individual skills, knowledge, interest and confidence in branching out into new specialisms.
Why is farming diversification considered a new venture?
The main issue with financing a farm diversification project is that this type of business venture often falls outside what traditional lenders (banks and building societies) are comfortable with. This is typically because agricultural diversification is often classed as a new venture and the lender is worried about the project failing entirely or making a loss in the first five years, rather than a profit.
What should farmers do before diversifying?
Before deciding to diversify, farmers should carry out a detailed assessment of their current business and how diversification could affect turnover in the short and long term.
Why is it important to branch out a farm?
As well as making better use of a farm’s physical resources and characteristics; by branching out successfully, farmers can secure the long-term health and prosperity of their farm – and their income . This adds stability to a business in times of uncertainty and can also optimise assets and unlock entrepreneurial skills.
What are some ways farmers can make money?
Some of the most popular include: experience days (wine tasting, adrenaline-fuelled sports, living off the land, foraging and farmhouse cooking) glamping, camping and bed & breakfast. weddings and special occasions.
What is speciality livestock?
speciality livestock (ostriches, alpacas, llamas, deer) Whilst agricultural diversification can be lucrative, there are many factors that farms need to consider before ‘taking the plunge’ . The process can be long, complex and there are limits for farmers in terms of planning permission and available funding.
How does DFS support biodiversity?
Through the use of a suite of farming practices, DFS promote functional biodiversity that provides critical inputs to agriculture – building soil fertility, cycling nutrients and water, and supporting beneficial insects that control pests and pollinate crops.
What are some practices that are used to protect the environment around a farm?
These practices include planting many crop varieties in a single field; incorporating trees, livestock, or aquaculture; rotating crops; planting hedgerows and riparian buffers; and conserving natural areas in the landscapes around the farm.
What are some examples of DFS?
For example, in the milpa system in Mesoamerica, farmers cycle intercropped plantings of maize, beans, and squash with fallow periods to allow their land to recuperate.
What is diversified farming?
Diversified Farming: A diversified farm is one that has several production enterprises or sources of income but no source of income equal as much as 50% of the total income from that source on such farm farmers depends on several sources of incomes. It is also called as general farming.
What are the advantages of diversified farming?
Advantages: 1. Better use of land, labour and capital: Better area land through adoption of crop rotations, steady employment of farm and family labour and more profitable use of equipment are obtained in diversified farming. 2. The farmer and labour engaged all the year round in different activities. 3. Less risk to crop failure and market price …
What are the benefits of a farm?
2. The farmer and labour engaged all the year round in different activities. 3. Less risk to crop failure and market price of the product. 4. The by products of this farm can utilize properly as cattle, poultry, birds, etc. are reared with crop production. 5.
In the agricultural context, diversification can be regarded as the re-allocation of some of a farm’s productive resources, such as land, capital, farm equipment and labour to other products and, particularly in richer countries, to non-farming activities such as restaurants and shops. Factors leading to decisions to diversify are many, but include: reducing risk, responding to changing consumer demands or changing government policy, responding to external shocks and, more re…
Definitions of diversification
Agricultural diversification can involve movement of resources from low-value commodities to high-value ones. It focuses mainly on horticultural, dairy, poultry and fisheries sectors. While most definitions of diversification in developing countries do work on the assumption that diversification primarily involves a substitution of one crop or other agricultural product for another, or an increase in the number of enterprises, or activities, carried out by a particular farm…
Drivers of diversification
Diversification can be a response to both opportunities and threats.
• Changing consumer demand. As consumers in developing countries have become richer, food consumption patterns have changed noticeably. People have moved away from a diet based on staples to one with a greater content of animal products (meat, eggs, and dairy) and fruits and vegetables. In turn, more dynamic farmers are able to diversify to meet these needs. There is a p…
Opportunities for diversification
In making decisions about diversification farmers need to consider whether income generated by new farm enterprises will be greater than the existing activities, with similar or less risk. While growing new crops or raising animals may be technically possible, these may not be suitable for many farmers in terms of their land, labour and capital resources. Moreover, markets for the products may be lacking. The United Nations Food and Agriculture Organization (FAO) has been …
Measures of diversification
Agricultural diversification is measured in a number of ways throughout the world. For example, one such measure is the index of maximum proportion, which is “defined as the ratio (proportion) of the farm’s primary activity to its total activities”.
• Agricultural value chain
• Agricultural Research Service – contributes to maintaining agricultural diversity through research
• FAO Diversification Booklets