Special market outlets and fairly economic conditions are necessary for this farming.
FREMONT, CA: The farm from which 50% or more income is derived from a single enterprise, viz. crops, livestock, dairy, poultry, etc., is called a specialized farm, and farming is called specialized farming. Special market outlets and fairly economic conditions are necessary for this farming.
Advantages and Disadvantages of Specialized Farming
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Advantages:
1. Best use of land: More profitable to grow crops on land best suited to it.
2. Best marketing: it allows for grading, processing, storing, transporting, and financing of the produce.
3. Less equipment and labor.
4. Expensive and efficient machinery can be kept: A wheat harvester thresher can be retained in a highly specialized wheat farm.
5. The efficiency & skill of the labor enhanced: Specialization enables a man to be more efficient and expert at doing a few things.
6. Farm records can be maintained easily.
7. Intensity of production leads to a relatively large amount of output.
8. Better management: lower enterprises on the farm are responsible for being less neglected, and sources of wastage can readily be detected.
Disadvantage:
These drawbacks of specialization are evident when the farmer realizes that "all his eggs are in one basket."
1. There is a greater risk: When the failure of a crop and the decreasing market price of the product, demand in the product market.
2. It is impossible to maintain soil fertility due to a lack of crop rotation.
3. The productive resources such as land, labor, and capital are not completely utilized.
4. Irregular farm income as they get income only once or twice a year.
5. Proper Usage of resources is not possible.
6. By-products of crops are not properly utilized, as the numbers of livestock are less.
7. Due to the specialization of a single enterprise, the knowledge about other enterprises vainness.
8. It Does not help in supplying all the food needs of the farmer's family members.