What Is Commercial Farming?
Commercial farming occurs when a farm is set up for the sole purpose of producing crops and farm animals for sale, with the sole intention of making a profit.
Commercial farms are often larger than regular family farms because economies of scale are richly sought after due to the immense competition involved. Another difference is that commercial farms regularly employ outside help due to the level of work required. Family members can also be involved, but a key factor that differentiates commercial farming is that hired help is used. Commercial farms also tend to make use of new technologies in order to increase output and create competitive advantages where possible.