Farming has always been the mainstay of the Kansas economy and continues to be so even today. The state boasts over 45 million acres of farmland and is the largest producer of wheat and sorghum in the country.
The average farm size in Kansas is close to 800 acres, which means there are many farms that are over 1,000 acres in size. Working a piece of land that big requires a considerable amount of money.
Farms no longer practice monoculture and mix their cropping these days, which reduces their risk exposure considerably.
However, investing in different crops is expensive but with easy agriculture business funding in Kansas, this is no longer a challenge.
Both crop and livestock farming have their respective advantages and disadvantages. However, many farmers are experienced and are in a better position to handle such challenges.
Livestock farming especially beef production doesn’t offer the kind of profits that can make it a sustainable business. A large part of the farm’s land acreage is actually taken up by fodder crops grown for the livestock.
To make the necessary changes to your cropping pattern for compensating the losses of the earlier season, you will need fast funding from a reliable lender.
Tackle crop failures or low demand more effectively
As a farmer, you know very well what crop failures can do to your farming business.
There are many reasons for crops to fail, e.g. a pest attack, blight, or natural calamity like heavy unseasonal rains. Depending on the scale of the pest attack or blight you might have to plan your next crop faster than you would have thought.
A wasted crop means investment gone waste and to recover from that loss, you will need senior debt funding at the earliest. That will help you plan your next crop much better.
Want to build your own grain storage facility?
Depending on how much grain you produce and how soon you are able to dispatch your output to the market, you might like to have your own grain storage facility.
When you have your own grain storage facility you are in better control of your product and can wait to sell it to the highest bidder.
Building grain silos require a lot of money but with easy access to credit, you can build the silos and improve your storage capacity.
In case you find it difficult to get the funding for building the silos, don’t lose heart and start thinking, “How can I get business funding near me?”.
Good prices for your output are often possible when you have storage in control. That is possible only when you have quality silos for storing your output.
When you need a reliable source of funds, your best option is to look for a top-quality lender who understands your needs much better.
Alternative Funding Group has a nationwide reputation for having lent out over $250 million in the last 7 years to businesses of different sizes.
Building grain silos require a lot of money but with easy access to credit, you can build the silos and improve your storage capacity.
