In the financial world, your cash position is referred to as liquidity, i.e. your ability to pay your bills. Liquidity is important to any agricultural business, yet it may have a heightened significance depending on what you produce, how long it takes you to produce it and how it’s sold or marketed.
LaJoie Growers, LLC, started growing beets in 2006 and were impressed with how the vegetable thrived in Maine’s cool climate. One test kitchen and many trials later, this family has turned the ordinary vegetable into a unique value-added product.
One of the challenges in discussing and measuring agritourism is defining it. Are all farm-based retail operations considered “agritourism,” or merely those which offer farm experiences beyond simply purchasing farm products? The boundaries of agritourism activities remains difficult and are discussed further in this article.
According to mainstream views, the Northeast’s short growing season limits the ability of the region to meet consumer demand for year-round, locally grown produce. However, the rapid emergence of Controlled Environment Agriculture enterprises is challenging this view. Dr. Jie Li and Dr. Miguel Gomez of Cornell University's Dyson School of Applied Economics and Management discuss the growth and economic viability of this emerging system.