Addressing limited resources in the ag sector
Limited resources in the agricultural sector are common pressure points for modern farm operations. Whether the resource is land, labor, water or capital, lack of assets can cause strain. But there are practical ways to ease the pressure, and most solutions work best when combined with other methods.
- Depleting agricultural resources.
Resource depletion is a condition that affects many modern farmers. With an expanding global population, demand for food and other agricultural products is at an all-time high. This can put a strain on the finite resources available to farmers. Efficient use of resources must become a greater priority. Farmers may want to invest in precision agriculture tools, such as GPS-guided equipment, soil sensors and variable-rate application tools, to use resources only where needed. Even crop rotation and manual soil testing can significantly reduce waste.
- Soil concerns.
According to the agricultural firm Verdesian, degrading and undervaluing farmland poses another challenge to today’s farmers. Continuous farming practices can result in soil erosion, soil degradation and reduced fertility. Farmers can turn to sustainable practices to protect the soil and improve its health. Practices like conservation tillage and cover cropping help increase yields over time without the need for more land or chemicals.
- Water management.
Agriculture puts a strain on water sources. Approximately 70% of global freshwater withdrawals are attributed to agricultural needs, says the World Resources Institute. Micro-irrigation can involve the use of drip or sprinkler systems to increase water efficiency. In regions with limited energy infrastructure, use of solar pumps will provide a low-cost, sustainable means to accessing groundwater.
- Capital.
Limited capital can be a concern for farmers who are looking to invest in modern tools and practices. Cooperative financing and government support programs can reduce funding barriers. Farmers can pool resources to buy in bulk and share expensive machinery. Educating the public also can be a step in the right direction. Despite research indicating a need to invest in agriculture, investment remains minimal. Agriculture also is a market with very volatile prices. But with more interest, the tides may change and make investing in agriculture more attractive.
Addressing limited ag resources requires utilization of what’s already available with an emphasis on sustainability. Through collaboration and discussion, farmers can find the assistance they need.
