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Montana Farm Essay

1151 Words5 Pages

Research Question: What is the optimal allocation of labor and capital for a Montana farm?

Overview: In this portion of the case study, your objective is to learn about the market with which you're dealing, understand the background of the industry, identify the economic barriers and constraints that firms in this market face, and evaluate various scenarios for overcoming these constraints using theoretical and data-driven insights.

Literature Review

Labor is a critical component in the industry of United States agricultural production. Labor and capital comprise two resources and substitute goods that determine the annual crop yield of modern American farmers and the productivity of farms. Hired farm workers and farm laborers are one of …show more content…

The technological advances that have had a large impact on the farm industry have been the improved irrigation methods and the use of large tractor equipment. However, the use of the large tractors and improved irrigation systems does increase productivity, but also causes a reduction in employment. In addition to the reduction in employment, it is an expansive purchase of these tractors which cause people that can not offered them to go under or leave the farming industry.The individuals that could afford the equipment expanded the operations. Another effect that has a possibility of affecting the future farming market is the expansion of the service sector. The higher non farm earnings have steered farmers away from …show more content…

Farmers are constantly deciding whether one or the other of an investment will help future profits and help the farm. The substitution of machinery is a common alternative to hopefully be profitable in the long or short run. Some of the reasons farmers come across the substitution of machinery include cost minimization, reliability, pride in ownership, new technology, need for capacity and whatever is going on in the farm machinery market. In addition to the reasons why farmers come across substitution directly relates to some general replacement strategies. Some of those strategies include replacing every year, frequently or keeping the machinery forever (Edwards,

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Farm technology made a lot of progress from 1890-1920. Before this time, all the farming was done by hand. There were many inventions from wire to tractors to help make farming easier. Three inventions that really changed farming were gas tractors, cream separator and horse drawn combine. Gas tractors were created so that you didn’t have to use your horses so much and so you could pull more.

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(Document G) Furthermore, the period brought about significant changes in American agriculture, with technological advancements, government policies, and economic shifts reshaping the farming industry. As outlined in the document, farmers found themselves disillusioned with the political rhetoric that promised prosperity through hard work and increased production. Instead, they were met with the harsh reality of plummeting prices for their crops and livestock, leading to financial hardship and a sense of betrayal by the very politicians who claimed to have their best interests at heart. The stark contrast between the promises of a bountiful harvest and the harsh economic conditions faced by farmers highlighted the disconnect between government policies and the lived experiences of those working the land.

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Industrial farms can make more products than traditional farms and that may be the reason why industrial farms are given more spotlight to and are gradually expanding while other farms are moderately deteriorating. Pollan is more understanding of the technological advances which Berry is not. Berry and Pollan agree and concur at times on the same issues of how the industrial model of agribusiness is

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In The Worst Hard Time, the author explains how new technology led to overproduction of many crops. A tractor was able to do the work of ten horses and a combine was able to thresh grain in one swoop. A farmer’s harvest could even go up by the thousands. As the farmers made more money they bought nearby land and ripped the grass out to make more space for more crops (Doc. C). With the overproduction of land came bare fields.

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Machines help farmers to sow the weeds and to harvest. (iii)In China and India, Green Revolution had significant impact on crop yield. (b) Firstly, the emergence of banks help farmers to achieve commercialization in agriculture, and also allow them to buy agricultural machines and pay the debt after harvest. Secondly, the transportation system was more advanced. This allows farmers to ship the crop to the market or to the city.

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Therefore, the harvest of crop was growth and some farmers turn into commercial farmers, who specialized in crops and goods for sale. They increase hiring more wage labor such as women began to work in new kinds of household work then to the factory and decrease on foreign import of goods. Also, the transformation increased the consuming of goods such as salt, coffee, sugar, tea and flour in the market. This was noticeable in the commercialized farming area in the

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In old days, agriculture or other primary industries were the main pillar of Michigan state’s economy. “Most Native American settlements in the Great Lakes region were along river valleys or near the shoreline of the Great Lakes, and most of the population located in the southern half of the Lower Peninsula. Tribal settlements were not permanent, with groups moving to new locations every few years. Although agriculture was limited by soil conditions and dense forest, the Native Americans of this region did cultivate crops. Corn, beans, and squash were grown and wild apples, berries, nuts, game, fish, honey, and wild rice provided other sources of food.

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Nation’s cotton farmers harvest about 7.3 billion bounds of cotton annually, which equates to a revenue of about $100 billion, annually (7). However, cotton requires many capital investments in order to use less labor and have a consistent crop quality (8). Examples of these investments include: tractors, storage mills, irrigation and cotton gins (8). With technology advancements, there has been an increase in cost for these items, which also makes it harder for new competitors to enter into the market without them (8). Each year of crop production involves a purchase of $5.8 billion worth of inputs, labor and equipment (7).

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In the 1920s new technology and industry for agriculture was increasing. New equipment was being invented to help farmers and their lifestyle. Tractors were upgraded to have internal combustion engines, rather than the old steam engines they once had the tractor was now allot like automobiles. The new technology that was used in tractors helped to open 35 million new acres to cultivation, the tractors were helping famers to produce more crops with fewer workers. New innovations were continuing to be invented, which was supposed to help farmers increase in production, but rather than increase the production decreased.

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Farming in the United States has changed in the last few decades from what most people would consider. Farms used to be small to medium size family run businesses but are now operated by a few large corporations, or agribusinesses. The industrialization of farming has created what is now known as factory farms or concentrated animal feeding operations (CAFOs). “Factory farming is the process of raising large numbers of livestock in a high-density environment, where the farm operates as a factory rather than as a small business” (Hobson). Factory Farm Nation discusses the reason for and cost of America turning its livestock farms into factories.

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As an example, All of this goes to show that without the land and cattle they worked hard for should not be taken from them. This land should not be ta ken away from them because they burned down trees that the Amazon rainforest owned to raise their cattle. Not only do they have the land they bring in animals like cows and sheeps to be on the herd and satisfy the farmers demand for milk and animal draught. They can also make money off of the animals in different ways. For example, They could use the sheep fur to make clothes or sleep products, they could sell the animals for meat and other objects.

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Government subsidies favored corporate farms instead of poor farmers. Machinery for seeding, irrigating, and harvesting became more advanced allowing farmers to cultivate more land and become dependent on fossil fuels. Fertilizers also increased yields as well as the use of pesticides. These technologies encourage a monoculture of crops which is unsustainable for the environment.

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Jenna Korves Mrs Stutsman 7A English 02 March 2023 Agriculture of Illinois Which state is one of the most that has agriculture and farmland? If you guessed Illinois, you would be correct. In Illinois, some wild animals or livestock go feral, and they eat livestock if they are not kept in a safe pen. Illinois is known for its agriculture that farmers grow.

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In different regions, the extraordinary inverse occurred, ranchers overproduced and costs quickly dropped in light of the fact that the cost diminished. The hoffic consequence of this was to many supply made it hard for agriculturists to profit because of the way that they had so much that

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New generation farmers can be used! Statistically, there are 2,321 farmers at the age of thirty-four and younger and

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