Especially when you're running a family farm, you may find that expenses add up faster than you would have expected. Unfortunately, it can sometimes feel as though you have little control over those costs. The fact is that you can reduce the costs on your farm without drastically affecting your production or harvest. Here's a look at some of the things that you need to know to save money and preserve your prospective profits.
Reduce Your Seed Expense
One of the most significant expenses for every farm is seed investment. If you want to reduce your farm's expenses without reducing your crop output, you'll want to put some time into reducing the expenses for your seeds.
The best way for you to do that is to allow some of your crop to go to seed after harvest this season. Save those seeds and use them for planting next time. That allows you to plant your next crops without any additional financial investment.
Alternatively, you could also opt to invest in your seeds early to catch a pre-season sale or find another source to buy from that is more affordable.
Reduce Weed Control And Irrigation Needs
When you plant your crops, add ground cover to the field, too. With the right ground cover crops, you can prevent weeds from germinating and create enough of a covering on the soil that moisture will be better retained. This saves you the time and money involved in herbicide treatment and also reduces the cost associated with water consumption for irrigation.
Make Your Livestock Earn Their Keep
Another thing to consider when you're trying to reduce the expenses for your farm is to save some costs by utilizing your livestock to handle some of your costly tasks. For example, you can cut your fertilizer expenses drastically if you use your livestock manure for fertilizer. Just remember that some manure is hotter than others, so make sure you know how long to turn the waste before you can apply it to your crops. Chicken waste in particular is hot, which means that you have to let it break down some before you apply it to crops or it can burn the roots.
These are just a few of the many things that you can consider to help reduce your costs while preserving your crop output. Consider saving seeds, planting groundcover, utilizing your livestock, and looking for other ways to reduce expenses, too.