Making money from an agricultural business requires knowledge of farming practices as well as some experience in developing a business. Before you decide on an idea, create a business plan that includes research on market demand for the products you grow and how to get them to market. You’ll also need a solid financing plan, as most agricultural businesses require access to large parcels of land and farm equipment to get started.
Baling Hay or Straw
Growing hay or straw gives you a source of revenue in the summer and fall. Selling bales locally means you need to find farmers and ranchers that use hay to feed their livestock and straw for bedding in stables and barns. If you don’t own land of your own and want to get into baling, meet with local farmers who grow their own oats, barley and wheat, and offer to bale the crops for them. Besides knowledge of the best times to harvest hay or straw, you also need to buy tools for mowing, raking and baling.
If you like to grow fruits and vegetables, consider opening a you-pick produce business. The produce will fetch a lower price per pound if customers pick it as opposed to you selling it directly to stores and restaurants. But one of the main benefits of operating a you-pick operation is a reduction in labor required at harvest time. Plus, if you grow fragile fruits or vegetables, a you-pick farm gives you an alternative to shipping delicate produce across the country. Some you-pick farms grow enough to sell to local stores and to people who love the experience of visiting a farm to pick their own food.
The popularity of organic foods makes growing organic fruits and vegetables appealing. Some farmers sell their organic produce to local stores and restaurants that in turn sell it to shoppers or use it on their menus. You could also open your own fruit stand to sell the organic produce you grow. Running an organic farm takes skill and financing to buy equipment, seedlings and organic fertilizer. You’ll also need to spend time in your fields weeding and handling bug infestations according to strict organic standards.
A farmhouse that’s big enough to house a few guests might be suitable for putting together a tourist package for people who want to work and stay on a real farm. Check with county laws to learn the requirements for turning your home into a bed-and-breakfast. Activities you offer depend on the type of domestic animals and crops you raise. If you have horses, take your guests on a horseback ride around the ranch to show them how the ranch functions. Encourage guests to try their hands at feeding, grooming or roping animals; planting, weeding and harvesting crops; baling hay; or gathering fruit from your orchards
-See more: http://smallbusiness.chron.com/money-making-agriculture-business-ideas-62100.html