Agribusiness is a business that involves agricultural production. People all over the world make their living by raising livestock and large-scale crop production, but there are also ways you can make money with a small-scale agricultural operation. Here are some ideas for agribusiness opportunities that don’t need acres of space.
You can raise rabbits for their meat, hides and urine (which is used as manure). Rabbit farming has great potential as a small agribusiness because it requires a relatively small capital investment. Rabbits reproduce quickly — many can start breeding from four months old — and they produce a healthy meat that is popular as a delicacy in many parts of the world.
There are many breeds of poultry to raise for eggs, meat and feathers. You can choose layers for eggs, broilers for meat, or certain breeds of rooster for the hackle feathers, which are in demand for fly-fishing lures. Broilers kept for meat mature very quickly compared to laying breeds. With proper feeding, vaccination and maintenance, you can make a decent income from the sale of poultry products.
Hydroponics is a relatively new technology that grows plants without soil, using only water and nutrients. It is increasingly popular everywhere from developing countries to major urban centers, where space is at a premium and outdoor gardens are impractical. Popular crops include lettuce, chard, tomatoes, root vegetables and fruits, though out-of-season flowers are also profitable. The advantages of hydroponic production are that it requires little space and crops mature quickly.
Aquaculture is the rearing of aquatic products such as fish, crustaceans and aquatic plants. Fish farming is the most common option, with tilapia and catfish the most popular. Another market is ornamental fish for aquariums in homes and offices. Aquatic animals are a good source of lean protein and will therefore always be in demand. And there is also the trend of combining aquaculture with hydroponics (aquaponics) as a way to expand your business opportunities.
These are just a few of the many agribusiness opportunities available for small-scale production. In addition to raising agricultural products, you can consider expanding into processing — making sausages from rabbit meat, for example, provides another earning opportunity. Picture yourself just doing it!