Agricultural Production Cost Reduction

Most agricultural economic development strategies are designed to help producers increase revenues, but a few strategies help them cut costs to support the economic viability of agricultural lands. Local organizations can create programs focused on cutting costs through innovative practices and strategies. For example, using pasture-based management, dairy farmers have cut costs by switching from growing and storing feed crops to grazing their herds. Cooperatives can also be used to purchase seeds and other agricultural supplies in bulk to reduce production costs.