Your farming business must grow at 3% per year: Growth of 3% per year is a realistic goal for farmers. Businesses must grow to keep up with increasing costs, utilise economies of scale and to afford modern technology, among others.

The article argues that sustained growth is essential for farming businesses to survive, citing weakening terms of trade and the need to leverage economies of scale. Topics include the financial pressure from input costs rising faster than product prices, the economic benefits of increasing operational size to reduce fixed costs per unit; and the advantages larger farms have in adopting new technology and gaining market power.