The farming industry is under increasing pressure to operate more sustainably. Here’s how farm finance products can help farmers to achieve this goal.
Sustainability, climate change, and animal welfare are all hot topics. As vegan and vegetarian diets grow in popularity, more people are becoming interested in the environmental impact of agriculture, particularly the farming of cattle for beef.
What is sustainability?
To be sustainable is to look after the environment and renew resources at a rate equal to or in excess of the rate at which you use them. In order to become more sustainable, farmers must adopt environmentally friendly practices and find ways to improve the efficiency of their processes.
Which areas of farming can this be applied to?
When looking at the way you run your farm there are likely to be many areas where you could make improvements to become more efficient and sustainable.
Just a few areas you may identify include:
- Feeding livestock.
- Breeding livestock.
- Manure management.
- Looking after soil.
- Tools, tech, and machinery.
Tools and equipment for agricultural sustainability
As well as changing and improving existing processes, farm machinery and equipment play an important role in a farm’s sustainability.
If you are using old or outdated machinery, upgrading could lower your farm’s environmental impact. Modern machinery is often built to be more intelligent and efficient with sustainability in mind.
Just a few sustainability problems that modern machinery can solve include:
- Machinery that produces fewer emissions.
- Machinery that consumes less power and uses fewer resources.
- Machinery that can apply chemicals with greater precision.
- Micro-sprinklers and drip irrigation technologies to save water.
- Smart technology like crop sensors and drones to improve efficiency of processes.
Farm finance products to fund sustainability
Adopting modern farm machinery isn’t just about being kinder to the environment, it also makes good business sense. Working smarter and more efficiently will also help to save you time and money, making modern farm machinery and technology an excellent investment for the future.
If you need help financing new farm equipment, then there are a variety of farm finance products on the market to choose from. The farm finance product suitable for you will depend on your current situation.
Get in touch with our team of specialists here at Richmond Asset Finance for free farm finance help and advice by calling us on 0113 288 3277 to discuss your requirements in more detail.