OpenFields

1419: The Farming Ladder

This paper is summarised from Michael Blanche’s Nuffield Scholarship Report, ‘The Farming Ladder’.

Year of Publication2012

A first generation farmer looks at building a business - ‘it’s not 90% about the system, it’s 90% about me’. Unless capital is available equity growth must come from operational excellence and innovation. Equity growth for new farm businesses show slows development whilst skills are refined and contacts made but if you have done things right exponential growth occurs. The people he met ‘needed’ to farm and had tremendous determination and resilience. It needs to be hard for them; that makes them better. But it also needs to be possible

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This is a brief summary of an item in the OpenFields Library. This free online library contains items of interest to practitioners and researchers in the agricultural and landbased industries.