User:EmilioJBS/sandbox

Question 11

Introduction

Nowadays,farm management is very different from the past. As a result of climate change, the priorities in farm management have shifted from simple agricultural tasks to business management as a response to boom and bust cycles. Farm managers also need to be able to manage volatility that comes with the changing climate and economic environment (Malcolm & Wright, 2016). Indeed, the phenomenon of climate has become a constant challenge for farmers worldwide, as drought and floods -among others natural disasters- can have a severe impact on yields and returns. However, beneficial weather, together with good farm management, will create a financial windfall. In addition, the revenue needs to be managed sensibly to prepare for bust years when extreme weather may decimate their crops and slash their profits (Akinnagbe & Irohibe, 2014).

Boom cycle management involves implementing three kinds of changes, namely incremental, systemic and transformational which are described in detail below. Water management plays an essential role as well as protecting intellectual capital (Mwadzingeni et al., 2022; Paoloni et al., 2021). Investing profits in the future of the farm and diversifying the business is also essential for long-term survival. Adopting new technologies, and effective land-use are just a few examples of how to manage the boom cycles and prevent failure during bust cycles (Ragazou et al., 2022).

Crop diversification and adequate risk management are other important ways to avoid catastrophic losses during meager years. Efficient land use, diversifying crop production as well as farm expansion can also be reinforced during boom cycles. Off-farm income may even include non-farming activities in order to boost income and profits (Ullah & Shivakoti, 2014). Meanwhile, during busts cycles, it is important for farmers to make rapid decisions and maintain an adequate financial buffer in order to survive. In short, agricultural business management mainly relates to finances, productivity and profit (Nuthall, 2018).

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Start with a brief bit of background about the subject. Relate it to other topics, using plenty of links. Create links with a pair of square brackets around key technical words and phrases.

Boom cycle

You can add as many sections as you think you need to 'spiral out' from the core of the topic. Use judgment to decide when to split out a separate article.

Incremental Changes

In longer articles, it may make sense to have another level of headings. There are not many occasions when you will need to use H4 headings (four = signs), so don't go there unless it's unavoidable. Never use more than four.

Another subheading

If you feel the content is getting marginal, there are ways to hide some of it in collapsible sections, for example using {{divhide}}. For example, you may want to hide:

• Large tables
• Long computer code
• Large image galleries
• Very long lists
• Large {{navbox}}es

References

If you have used <ref> tags in the text, you need a References section. For example, you could include a source that comments on shoppers' preferences. Use {{reflist}} as a prettier and more flexible alternative to the more esoteric <references /> tag.

See also

Most articles should have a See also section, containing a list of other closely related articles in this wiki.

• Closely related article

External links

In general, avoid external links in your articles. Instead, use citations and references, or put them in their own section.

• Wikipedia:How to structure the content — Wikipedia article about structuring content

Categories are listed at the very bottom of the article.