Combat both industry and financial uncertainty
Many farmers face an increasing uncertainty regarding the future of their farm. As well as battling uncertain weather, depleting capital and rising operating costs, farmers are also faced with significant risk, both business and financial.
One approach to mitigating such risks is to diversify their farm or transition to a future-focused, more profitable venture such as plant-focused farming. Plant-focused farming uses less natural resources like land and water to produce crops than animal farms do, making them less expensive to operate. Animal-based agriculture incurs 13% more expenses than plant-focused agriculture. Ultimately, both animal-based and plant-focused agriculture incur losses; yet, the plant-focused industry is twice as profitable as the animal-based industry.
