Agriculture can save your country from recession - page 7.

Coyster

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Quote from: Mate2237 on July 10, 2023, 05:17:25 PM

normally farm is very good investment, and op you would related this farm business to bitcoin, either you used your bitcoin to invest in it because of food shortage or you are planning to use the money that will be getting from the farm to invest on bitcoin.

This is just a very small farm in which the produce would only be enough for family consumption, i don't see how Bitcoin can be used here. What is planted is definitely bought with fiat and i don't think the harvest is for sale, even if they are, do you think the next thing has to be buying Bitcoin with the money from the sale?

Quote from: Mate2237 on July 10, 2023, 05:17:25 PM

There is always food in farming so recession is minimal, and poor people always survive from farming.

Poor people can't really survive on farming because they can't grow all that they consume. The cost of acquiring a land for farming is also expensive, thus the best some of them can get is a small farm in their backyard that can't really produce much. The point is that to survive on farming is expensive and isn't for the poor.

Myleschetty

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Quote from: odunybiz on July 09, 2023, 06:01:28 PM

In the recent world, investing in Agriculture may be a way to save oneself from poverty and also relieve ones country from recession. Countries like China, India, Brazil and Indonesia have used agriculture to improve their economy in recent time. Almost all aspect of agriculture is profitable if done in the right way but some may be more profitable than others. This also depends on ones interest and ones country unless one plan to export its products.

Investments carry risks and there's no single investment alone that can guarantee anyone's 100% chance to escape from poverty this includes Bitcoin, gold, stock, bond, and real estate investment. Do you know how many people invested in agriculture but made a loss in the end due to some unforeseen issue like a natural disaster?

Emmanuelex

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Agriculture is a really good thing that most people in this generation tend to neglect a lot. In my country, the government is hardly putting in any efforts to encourage people to participate in agriculture, and it's quite bad, because there are a lot of things that we can cultivate ourselves, but we end up importing them, which is not good for the economy.

Volgastallion

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Are we in the first phase of economic thinking in the world?. Man the humanity has surprase that phase that you are talking about a lot of years/ centuries ago.

The agricultural phase its the bottom of the piramid, yes its a necesary one ,and it can make you wealthy or non reliable in others food, but for economic grow you need more.

Do you know the industrial revolution was that change? From a most agricultural society/economy to a new industrial in cities and with that a whole new economics.

Mate2237

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Quote from: stompix on July 09, 2023, 06:43:04 PM

Quote from: odunybiz on July 09, 2023, 06:01:28 PM

Here is my tomato farm
~~~~
Step-By-Step Guide on how to start tomato farming
👉👉Land preparation: Select a suitable piece of land and clear it of all debris, rocks, and weeds. Then, plow, harrow, and level the land.[

Shows the land full of rock, construction debris, and plastic:

That can also indicate that the farm belong to another person, and he snapped it and claim to own it. That is by the way, normally farm is very good investment, and op you would related this farm business to bitcoin, either you used your bitcoin to invest in it because of food shortage or you are planning to use the money that will be getting from the farm to invest on bitcoin. And idea would have been better. There is always food in farming so recession is minimal, and poor people always survive from farming. My country, government can provide enabling environment for farmers. Bandicts are killing the farmers so people are afraid to farm.

serjent05

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By pointing to agriculture, fishiries, hubandries will greatly help during recession. The most problematic during recession is not be able to put food on the table because of the high price of the commodities and at the same time lacking the fund to buy them. With bountiful harvest and lots of food supply, just like the law of supply and demand, foods will be cheaper. With cheaper food, will somehow solve the one problem that is caused by recession since many will be losing their jobs and with cheaper food, these people who lost their jobs can extend their funds to last longer since they are buying food at a discount.

uneng

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Quote from: Casdinyard on July 10, 2023, 04:10:44 PM

Quote from: stompix on July 09, 2023, 06:43:04 PM

Quote from: odunybiz on July 09, 2023, 06:01:28 PM

Here is my tomato farm
~~~~
Step-By-Step Guide on how to start tomato farming
👉👉Land preparation: Select a suitable piece of land and clear it of all debris, rocks, and weeds. Then, plow, harrow, and level the land.[

Shows the land full of rock, construction debris, and plastic:

https://talkimg.com/images/2023/07/09/ZRQOI.jpeg

While it's not a pleasing thing to look at, I think it's not gonna do so much against the growth of his tomatoes since Tomatoes aren't that high-maintenance when it comes to soil quality and such compared to other types of crops. Although it wouldn't hurt OP to do a little sweeping yeah lmao. Cleaning your area's just as important as keeping the nutrition on the soil after all. It's funny that you had to point it out though lmao.

Anyways, Agriculture is a good thing if done smartly. Otherwise it would be a waste of time and resources. Invest in proper tools, resources, knowledges, and varieties of crops and vegetables if you want a sustainable farm since different crops take up varying amounts of nutrients in the land, and if you abuse the land's resources it's going to dry it up and will render it unable to produce crops anymore.

Those plastics near the wall could be easily gathered and removed, so they wouldn't decompose there within time, what can be really problematic if they fragment in minor parts. On the other hand, construction debris aren't a big issue and can be almost impossible to be removed, due to the past history of the allotment. If you keep digging you won't stop finding more and more debris buried there.

Although they can hurt a farmer working with bare hands on the terrain, they don't prejudice the crops in anyways. That is why it's important to always use reinforced gloves and boots when working on the allotment.

molsewid

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Quote from: blockman on July 10, 2023, 03:23:10 PM

It really does, and this type of asset and business is one of the goals that I wanna achieve someday. As much as I want to start in our backyard, I've got a small place where I am living but soon even before my retirement, this is what I have already in mind. That's why those that have one and they're already earning from it are fortunate because this type of opportunity doesn't come to many. And that is because it's not easy as everyone is thinking. OP and others that are into this venture have studied very well on this and some probably started from scratch so, the risk is also there. While the contribution of the agriculture side to the economy and food security of a country is very much important, there are governments that don't give priority on this and that's one sad thing about my realization. Embarrassed

Yes having that kind of business is good it is actually a good investment but the thing is here in our country the amount of land that can be use in agriculture is quiet high and it is not easy too afford, also rich people bought agricultural lands to make it as a subdivision here in our country, that is one the reason why our goods prices increase and are not affordable anymore. If govt will help with this, it could be beneficial for all and it could be good for import and export that will add and enhance the economic status of a country during this time of inflation.

Casdinyard

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Quote from: stompix on July 09, 2023, 06:43:04 PM

Quote from: odunybiz on July 09, 2023, 06:01:28 PM

Here is my tomato farm
~~~~
Step-By-Step Guide on how to start tomato farming
👉👉Land preparation: Select a suitable piece of land and clear it of all debris, rocks, and weeds. Then, plow, harrow, and level the land.[

Shows the land full of rock, construction debris, and plastic:

While it's not a pleasing thing to look at, I think it's not gonna do so much against the growth of his tomatoes since Tomatoes aren't that high-maintenance when it comes to soil quality and such compared to other types of crops. Although it wouldn't hurt OP to do a little sweeping yeah lmao. Cleaning your area's just as important as keeping the nutrition on the soil after all. It's funny that you had to point it out though lmao.

Anyways, Agriculture is a good thing if done smartly. Otherwise it would be a waste of time and resources. Invest in proper tools, resources, knowledges, and varieties of crops and vegetables if you want a sustainable farm since different crops take up varying amounts of nutrients in the land, and if you abuse the land's resources it's going to dry it up and will render it unable to produce crops anymore.

Fortify

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Quote from: odunybiz on July 09, 2023, 06:01:28 PM

In the recent world, investing in Agriculture may be a way to save oneself from poverty and also relieve ones country from recession. Countries like China, India, Brazil and Indonesia have used agriculture to improve their economy in recent time. Almost all aspect of agriculture is profitable if done in the right way but some may be more profitable than others. This also depends on ones interest and ones country unless one plan to export its products. My choice of agriculture is vegetable plantation. Here is my tomato farm

Although I'm starting small but I have a great dream to feed the nation with my agro business.

What Is A Tomato?
Tomato (Solanum lycopersicum) is a fruit vegetable that is widely cultivated for its edible fruit. It belongs to the nightshade family (Solanaceae) and is native to South America but is now grown worldwide. Tomatoes are rich in vitamins and minerals and are commonly used in a wide range of dishes, including salads, sauces, and soups. They can be consumed both raw and cooked, and come in a variety of colors, shapes, and sizes, including cherry tomatoes, Roma tomatoes, and beefsteak tomatoes.

CONCLUSION
Apart from this tomato farming, I still run a poultry and a piggery farm as part of my agro business. Agriculture is lucrative and comes with alot of opportunities for both youths and adults. Invest in one or more Agro business today and save the world from hunger as well as to rescue your country from recession.

Agriculture is a business like any other and having a diversified economy including supporting lots of farmers is crucial. However scale and efficiency currently rule the market when it comes to farming, big firms have been mastering optimized farming solutions for decades if not centuries. All of the things you mention show that you have a solid grasp of the path that you need to take and ultimately you will need to maximize every inch of land that you've got in order to sell your products to vendors at the best price. One thing that often gets overlooked is your bargaining position and maybe if you're small scale then you need to go for a more specialist variety in order to corner a market that is too niche for bigger players.

blockman

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It really does, and this type of asset and business is one of the goals that I wanna achieve someday. As much as I want to start in our backyard, I've got a small place where I am living but soon even before my retirement, this is what I have already in mind. That's why those that have one and they're already earning from it are fortunate because this type of opportunity doesn't come to many. And that is because it's not easy as everyone is thinking. OP and others that are into this venture have studied very well on this and some probably started from scratch so, the risk is also there. While the contribution of the agriculture side to the economy and food security of a country is very much important, there are governments that don't give priority on this and that's one sad thing about my realization. Embarrassed

jacafbiz

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Agriculture is a business, those countries you mentioned have big farmers in the countries and are the ones making it big, also have big money to fund their projects. If you don't have real sources you will be operating on subsistence level and only few Governments of most of these countries takes Agriculture very serious because it is not a space that you spend money, and it will be noticed instantly, they prefer to do capital projects that people will see, and its impact is directly felt and talked about but when it comes to Agriculture, it is a long term investment before people see its impact and I don't see how Agriculture alone can save a country from recession since there are a lot of factors responsible for recession

irhact

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Quote from: southerngentuk on July 10, 2023, 01:04:42 PM

If a country has the ability to be independent in food production, it can take advantage of the export potential associated with agriculture to generate revenue and improve its economic situation.

And that's how agriculture can save a country from recession, agriculture is very important as human being can't survive without food and those countries that are good with agriculture can have abundant of foodstuffs to export to other countries and generate revenue that'll help the economy of their country when they invest those money into others sectors of their country and also in agribusiness to enable they produced more products to export.

Practicing agriculture on a very large scale isn't an easy tasks for countries to achieve, before a country have enough to become an exporting country alot of investment most be done like having all the necessary machinery available to assist in the commerical farming.

n0ne

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I don't have much knowledge about agriculture. Slowly the trend transition is happening around the world. As a part in my country in recent years the importance given for agriculture is good. Not from the government, but from the common people like you and me. Many people who worked for corporate firms as well as worked abroad with good pay left their jobs and started to focus on agriculture and get adopted to Village lifestyle looking for peace of mind. Through this they're happy as well as they earn, some were earning same as they earned earlier from their day job. It is true when a country is rich in agriculture, the growth of the country won't gets disturbed at any worst economic situation around the world.

el kaka22

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This was a way to get out for my nation about 3 decades or so ago. I know that we are not living in the same world as we lived 30 years ago, but it was a great story that was thought to us as kids back when it was happening, like showed us how we are surviving even while it was happening.

The method was that the government stopped taking ANY tax at all from agriculture, it could be crops and farming and all, it could be cows and sheep or whatever. That tyep of business was fully untaxed, just zero tax whatsoever, they can make a million dollars and still wouldn't pay a single tax. So what happened?

A lot of farmers got rich of course, but also a lot of rich people started farms to put their money into farms instead of pay taxes with their money, and this resulted with everything being super cheap, and all the extra went to other nations and made us profit that way too. We were pretty powerful back then, but we stopped and now we can't afford anything.

Vishnu.Reang

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Food security is one of the most important part in any country. Food security pays a vita role because the poor section of society is more insecure. With this section of society there is no backup plan with them. For poor section of society its enough for them to fulfill basic needs. When we compare poor section with above poverty line then they don't have to face when drought, flood, failure of crops, etc happen in country but poor section of society really get affect. That's why its very important to while growing vegetables or crops for themselves they must have to shift their focus on business as well it make them independent, also helps on country's economy.

southerngentuk

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If a country has the ability to be independent in food production, it can take advantage of the export potential associated with agriculture to generate revenue and improve its economic situation.

Conversely, if a country's agricultural production does not reach a level sufficient to meet the food needs of its population, that country may have to depend on food imports from other countries, creating pressure on food production. force on a country's foreign exchange and financial reserves We can see that many countries that do not develop agriculture properly often have to buy food from other countries at higher prices, causing financial difficulties and affecting food security.

Sim_card

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Nice job OP, I appreciate your zeal and love for agro business. An ocean starts with a drop of water and if you take your farm serious,you will benefit from it in the long run. At least now you can be able to fend yourself through your agricultural produce and also use the funds from it to do something important. In my place,some people think that agriculture is a business for the old and illiterate because the fail to see the benefits in agriculture. I am into fishery, I have an earth pond and when it is time for me to harvest my fishes,I make more than expect from the fishes that I seek. Sometimes,the market women calls me to book down so that they will select first before anybody. I wish you the best in your business. Agriculture is the backbone to almost all countries economy.

Quote from: m2017 on July 10, 2023, 11:57:56 AM

What if you combine investing in tomatoes and bitcoin? Sell your farm-grown tomatoes for btc, or convert the local currency you get from selling tomatoes for BTC. Not only can agriculture save you from a recession, but bitcoin as well. By combining both of these things, you can get a double benefit. Wink

You are right mate, OP can invest some fraction of his profit into bitcoin and hodli for long so that he can benefit from both business.

m2017

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keep walking, Johnnie

What if you combine investing in tomatoes and bitcoin? Sell your farm-grown tomatoes for btc, or convert the local currency you get from selling tomatoes for BTC. Not only can agriculture save you from a recession, but bitcoin as well. By combining both of these things, you can get a double benefit. Wink

In general, what does a post about tomatoes on a forum about crypto currencies do? Even in the economics section. It seems to me that the author should have connected this topic with cryptocurrencies, for greater persuasiveness. Actually, above I did it for him.

uneng

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Your enthusiasm with this farming project is inspiring! Good luck!

At same time I have to be realistic, because the farmer job demands a lot of time and effort for low profits after all, if you are a small producer without a vast land under your possession and machinery. The truth is that big farmers make huge profit exporting the best portion of their productions to foreigner countries, with low effort, since they have harvesters and tractors with every imaginable kinds of implements.

The familiar agriculture is a bad joke spread by the media and by social influencers, since people are likely to pass their entire lives on this business without seeing real financial upgrades along the time, exchaning 6 for half a dozen on every harvests.

Topic: Agriculture can save your country from recession - page 7. (Read 1102 times)