Farmers Balance Off-Farm Work, Technology Adoption

Farmers Balance Off-Farm Work, Technology Adoption

by Jorge Fernandez-Cornejo

Angus Journal

Effectively managing land, water, machinery and other inputs — as well as adopting new technologies and production practices — can help ensure the success of a farm business and the economic well-being of a farm household. Yet farm operators and their household members are increasingly relying on offfarm employment to improve their bottom lines.

While contributing to the economic wellbeing of farm households, off-farm jobs compete with on-farm responsibilities for managerial time, which, in turn, may affect the economic performance of the farm business. Consequently, time-saving benefits are driving the decisions of certain farm operator households to adopt new technologies and practices.

FULL STORY

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