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Maize Farming Business Plan [Sample Template]

By: Author Tony Martins Ajaero

Home » Business ideas » Agriculture Industry » Crop Cultivation » Maize Farming

Small Scale Maize Farming Business

Are you about starting a maize farm? If YES, here’s a complete sample maize farming business plan template & feasibility report you can use for FREE.

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Corn is very nutritious and it is known to be eaten in various forms by both humans and livestock.  As a matter of fact, corn is used as the main energy ingredient in livestock feed. Corn is also processed into a multitude of food and industrial products including starch, sweeteners, corn oil, beverages, industrial alcohol and fuel ethanol et al.

Maize (corn) farming is known to be a profitable business and over the years, it has evolved from small scale to a global industry in most countries where it is carried out.

A Sample Maize Farming Business Plan Template

1. industry overview.

Businesses in the maize (corn) farming industry primarily grow corn (except sweet corn) and produce corn seeds. Corn commonly refers to the grains or kernels of the tall annual cereal grass Zea mays, and it is a staple cereal in many parts of the world.

In the united states, it is most commonly used as livestock feed and in the production of ethanol, sweeteners, oil and other related products.

If you are a close watcher of the Maize Farming industry, you will realize that the industry is experiencing decline and falling from historic heights. In the united states, new federal regulations created a significant new market for maize, leading maize production to skyrocket in the early part of the last five years.

This increase in production eventually led to an oversupply of the crop, especially as downstream biofuel production has slowed since 2013 due to market saturation. However, global demand for maize has renewed. The industry is expected to bounce back from the lows of the previous five-year period.

Planted acreage will decrease, leading to a slight decrease in production volumes, which will in turn reduce oversupply and create healthy demand for the crop.

The Maize (Corn) Farming Industry is indeed a very large industry and pretty much thriving in all parts of the world especially in developed countries such as United States of America, Canada, United Kingdom, Germany, Brazil, Australia and Italy et al.

Statistics has it that in the United States of America alone, there are about 141,669 licensed and registered maize farms responsible for employing about 155,526 employees and the industry rakes in a whooping sum of $51 billion annually with an annual growth rate projected at -0.8 percent.

A recent report published by IBISWorld shows that typical of the agricultural sector, the Maize (Corn) Farming industry in the United States is overwhelmingly composed of a large number of relatively small operators, many of which are family owned farms.

In fact, 50.1 percent of farms plant corn acreage totaling less than 100 acres. Conversely, only 14.4 percent of corn is produced on farms covering 500 acres or more.

The report also shows that there is a long-term trend toward fewer farms across the agricultural sector, which also applies to corn farmers. Industry concentration is growing largely due to rising costs and intensifying competition; as conditions toughen; smaller farms are forced to sell their land.

As a result, fewer, yet larger farms emerge across the industry. As a matter of fact, with the recent advancement in technology, farmers can now comfortably grow crops such as maize in a country where such crops can hardly survive.

One thing is certain when it comes to commercial maize farming, if you are able to conduct your market research and feasibility studies before choosing a location to cultivate your maize, you are more likely not going to struggle to sell your maize because there are always food processing companies and consumers out there who are ready to buy from you.

Lastly, with commercial maize farming, it will pay you to not only cultivate maize and sell them for consumption in farm markets to retailers and consumers.

You can as well start a complimentary business like building a maize processing plant to process and package your maize (corn). The bottom line is that if you have enough farm land (space) and you are interested in maximizing commercial maize farming, you are sure going to make huge profits from the business.

2. Executive Summary

Kent Bloomberg® Maize Farms, Inc. is a registered commercial farm that will be based in the outskirts of Trenton, New Jersey – United States. We have done our detailed market research and feasibility studies and we were able to secure a well – situated and suitable farm land to start our commercial maize farming.

Our commercial maize farm is a standard farm hence will be involved in commercial maize cultivation, maize processing and packaging. We will be involved in both organic commercial maize farming and non – organic commercial maize farming.

We have put plans in place that will help us launch a standard and world – class maize processing plant within the first three years of officially running Kent Bloomberg® Maize Farms, Inc. We will process and package maize and ensure that they flood the market both in the United States and in other countries of the world.

We want to compete with the best in the industry, which is why asides from the fact that we have secured the required farm land and most of the farming equipment and machines, we have also hired some key employees who are currently undergoing training so as to fit into the ideal picture of the 21 st  century commercial maize farm workforce that we want to build.

We are in the commercial maize farming business because we want to leverage on the vast opportunities available in the commercial farming industry to contribute our quota in growing the U.S. economy, in national food production, raw materials production for industries, to export agriculture produce from the United States to other countries and over and above to make profit.

Kent Bloomberg® Maize Farms, Inc. is well positioned to become one of the leading commercial maize farms in the United States of America, which is why we have been able to source for the best hands and farm machinery to run the farm with.

We have put processes and strategies in place that will help us employ best practices when it comes to commercial maize farming as required by the regulating bodies in the United States of America.

Kent Bloomberg® Maize Farms, Inc. is a family business that is owned by Mr. Kent Bloomberg and his immediate family members. The farm cum business will be fully and single handedly financed by Kent Bloomberg and his immediate family members.

Before starting Kent Bloomberg® Maize Farms, Inc., Kent Bloomberg has worked with some of the leading commercial farms and food processing plants in the United States of America; he has a degree (B.Sc.) in Agricultural Science from the University of New Jersey.

3. Our Products and Services

Kent Bloomberg® Maize Farms, Inc. is a world class commercial farm that is committed to cultivating both organic and non – organic maize (corn) for both the United States’ market and the global market. We are in business to produce both food and raw materials for people and industries in commercial quantities. We will also ensure that we operate a standard maize processing and packaging plant as part of our complimentary business.

We are in this line of business to make profits, and we will ensure that we do all that is allowed by the law of the United States of America to achieve our business goals and objectives. These are the areas we will concentrate on in our commercial maize farms. If need arises we will definitely cultivate related crops;

  • Cultivation of variety of maize (organic and non – organic)
  • Standard Food Processing Plant

4. Our Mission and Vision Statement

  • Our vision is to become one of the leading commercial maize farms and maize processing and packing brand not just in the United States of America but also on the global stage.
  • Kent Bloomberg® Maize Farms, Inc.  is a world class commercial maize farm that is in business to cultivate organic, non – organic and processed maize for both the United States market and the international market.
  • We want our well – packaged maize to flood every nooks and crannies of the United States and other countries of the world.

Our Business Structure

Kent Bloomberg® Maize Farms, Inc. is a commercial maize farm that intends starting small in Trenton – New Jersey, but hopes to grow big in order to compete favorably with leading commercial maize farms in the commercial farming industry both in the United States and on the global stage.

We are aware of the importance of building a solid business structure that can support the picture of the kind of world class business we want to own. For this reason, we are committed to only hire the best hands in and around New Jersey.

At Kent Bloomberg® Maize Farms, Inc., we will ensure that we hire people that are qualified, hardworking, dedicated, customer centric and ready to work to help us build a prosperous business that will benefit all the stake holders (the owners, workforce, and customers).

In view of the above, Kent Bloomberg® Maize Farms, Inc. have decided to hire qualified and competent hands to occupy the following positions;

  • Chief Operating Officer

General Farm Manager

Administrator/Accountant

Maize Cultivation Manager/Supervisor

  • Maize Processing and Packaging Plant Manager
  • Sales and Marketing Executive
  • Field Employees
  • Front Desk Officer

5. Job Roles and Responsibilities

Chief Operating Officer:

  • Increases management’s effectiveness by recruiting, selecting, orienting, training, coaching, counseling, and disciplining managers; communicating values, strategies, and objectives; assigning accountabilities; planning, monitoring, and appraising job results; developing incentives; developing a climate for offering information and opinions; providing educational opportunities
  • Creating, communicating, and implementing the organization’s vision, mission, and overall direction – i.e. leading the development and implementation of the overall organization’s strategy
  • Responsible for fixing prices and signing business deals
  • Responsible for providing direction for the business
  • Responsible for signing checks and documents on behalf of the company
  • Evaluates the success of the organization
  • Responsible for the planning, management and coordinating all farm activities across the various sections on behalf of the organization
  • Supervise other section managers (corn cultivation manager and corn processing and packaging manager)
  • Ensure compliance during project executions
  • Providing advice on the management of farming activities across all sections
  • Responsible for carrying out risk assessment
  • Using IT systems and software to keep track of people and progress of the growth of crops (maize)
  • Responsible for overseeing the accounting, costing and sale of farm produce after harvest
  • Represent the organization’s interest at various stakeholders’ meetings
  • Ensures that farming goals are achieved, the most efficient resources (manpower, equipment, tools and chemicals et al) are utilized and different interests involved are satisfied. Responsible for preparing financial reports, budgets, and financial statements for the organization
  • Responsible for overseeing the smooth running of HR and administrative tasks for the organization
  • Handles all financial transactions for the company
  • Defining job positions for recruitment and managing interviewing process
  • Carrying out staff induction for new team members
  • Responsible for training, evaluation and assessment of employees
  • Oversees the smooth running of the daily farming activities across the various farming sections
  • Responsible for preparing financial reports, budgets, and financial statements for the organization
  • Responsible for financial forecasting and risks analysis
  • Responsible for developing and managing financial systems and policies
  • Responsible for administering payrolls
  • Ensuring compliance with taxation legislation
  • Handles all financial transactions for the farm
  • Serves as internal auditor for the farm
  • Responsible for managing the maize cultivation section of the commercial maize farm
  • Supervises other workers within the department
  • Works closely with the General Manager to achieve the organizations’ goals and objectives

Maize Processing and Packaging Manager/Supervisor

  • Responsible for managing the maize processing and packaging section of the commercial farm

Sales and Marketing Officer

  • Identify, prioritize, and reach out to new partners, and business opportunities et al
  • Identifies development opportunities; follows up on development leads and contacts; participates in the structuring and financing of projects; assures the completion of relevant projects
  • Writing winning proposal documents, negotiate fees and rates in line with company policy
  • Responsible for handling business research, marker surveys and feasibility studies for clients
  • Responsible for supervising implementation, advocate for customer’s needs, and communicate with clients
  • Develop, execute and evaluate new plans for expanding increase sales
  • Document all customer contact and information
  • Represent the company in strategic meetings
  • Help increase sales and growth for the farm

Field Workers/Contract Staff

  • Responsible for preparing farm lands for maize cultivation
  • Responsible for watering the maize crop
  • Weeding or fertilizer and/or pest control application
  • Handle farm implements and machines as instructed by the section manager/supervisor
  • Assist in handling the harvest of maize (corns)
  • Carry out tasks in line with the stated job description
  • Assist in transporting working tools and equipment from the farm and back to the designated store room
  • Handles any other duties as assigned by the line manager

Client Service Executive/Front Desk Officer

  • Welcomes guests and clients to the farm by greeting them in person or on the telephone; answering or directing inquiries
  • Ensures that all contacts with clients (e-mail, walk-In center, SMS or phone) provides the client with a personalized customer service experience of the highest level
  • Through interaction with clients on the phone, uses every opportunity to build client’s interest in the company’s products and services
  • Manages administrative duties assigned by the manager in an effective and timely manner
  • Consistently stays abreast of any new information on the company’s products, promotional campaigns etc. to ensure accurate and helpful information is supplied to clients
  • Receives parcels/documents for Kent Bloomberg® Maize Farms, Inc.
  • Distribute mails in Kent Bloomberg® Maize Farms, Inc.

6. SWOT Analysis

Kent Bloomberg® Maize Farms, Inc. does not intend to launch out with trial and error hence the need to conduct a proper SWOT analysis.

We know that if we get it right from the onset, we would have succeeded in creating the foundation that will help us build a standard maize farm that will favorably compete with leading commercial maize farms in the United States of America and in other parts of the world.

We are quite aware that there are several large, medium and small scale maize farms all over Trenton – New Jersey and even in the same place where we intend locating ours, which is why we are following the due process of establishing a business.

We know that if a proper SWOT analysis is conducted for our business, we will be able to position our business to maximize our strength, leverage on the opportunities that will be available to us, mitigate our risks and be equipped to confront our threats.

Kent Bloomberg® Maize Farms, Inc. employed the services of an expert HR and Business Analyst with bias in the commercial farming industry to help us conduct a thorough SWOT analysis and to help us create a Business model that will help us achieve our business goals and objectives.

Here is a summary from the result of the SWOT analysis that was conducted on behalf of Kent Bloomberg® Maize Farms, Inc.;

Our strength as a commercial maize farm is in the fact that we have healthy relationships with loads of major players (agriculture merchants who deal in corn) in the commercial farms industry; both suppliers and buyers within and outside of the United States.

We have some of the latest commercial farming machines, tools and corn processing equipment that will help us cultivate corn in commercial quantities with less stress. Aside from our relationship (network) and equipment, we can confidently boast that we have some the most experienced hands in Trenton – New Jersey on our payroll.

Our weakness could be that we are a new commercial maize farm in the United States, and perhaps the fact that we decided to diversify our farming activities could count against us initially. We are aware of this and from our projection; we will overcome this weakness with time and turn it to a major advantage for the business.

  • Opportunities:

The opportunities that are available to us cannot be quantified; we know that there are loads of individuals who consume both organic and non – organic corn in different forms both in the United States of America and other parts of the world.

We will ensure that we maximize the opportunities available to commercial maize farmers. Due to their rising popularity, GM seeds account for a significant amount of revenue and the demand for maize is anticipated to keep growing as renewable energy targets rise each year.

Some of the threats and challenges that we are likely going to face when we start our own commercial maize farm are global economic downturn that can impact negatively on household spending, bad weather cum natural disasters (draughts, epidemics), unfavorable government policies and the arrival of a competitor (a commercial farm that cultivates same crop – maize) within same location.

There is hardly anything you can do as regards these threats and challenges other than to be optimistic that things will continue to work for your good.

7. MARKET ANALYSIS

  • Market Trends

One of the common trends in the commercial maize farming line of business is that most players in the industry are no longer concentrating only on non – organic maize farming. They now find it easier to run both organic maize cultivation and non – organic maize cultivation.

It is fact that despite that organic food are expensive, the sale for organic food is on the increase and it is indeed profitable.

Despite the fact that commercial maize farming has been in existence since time immemorial, this does not in any way make the industry to be over saturated; commercial maize farmers are exploring new technology to continue to improve the cultivation, preservation and processing process. The fact that there is always a ready market for maize makes the business highly profitable.

Lastly, it is a common trend to find standard commercial maize farmers run a corn processing plant business alongside their farm. It is a means of maximizing profit in the business. Besides, maize is consumed by both human and livestock hence it is ideal to process, package and ship it to other countries of the world.

8. Our Target Market

It is a known fact that the target markets of those who are the end consumers of maize in any form and who benefit from the business value chain of commercial maize farming is all encompassing.

Almost every household consumes maize in different forms. In essence a commercial maize farmer should be able to sell his or her farm produce to as many people as possible including hotels, grocery stores, restaurants, livestock farmers and production companies that make use of corn as raw materials.

We will ensure that we position our business to attract consumers of maize not just in the United States of America alone but also other parts of the world which is why we will be exporting some of our farm produce either in raw or processed form to other countries of the world.

Our competitive advantage

The truth is that, it is easier to find entrepreneurs flocking towards an industry that is known to generate consistent income which is why there are more commercial farmers in the United States of America and of course in most parts of the world.

As a matter of fact, entrepreneurs are encouraged by the government to embrace commercial farming. This is so because part of the success of any nation is her ability to cultivate her own food and also export foods to other nations of the world.

Kent Bloomberg® Maize Farms, Inc. is fully aware that there are competitions when it comes to selling commercial farm produce including corn all over the globe, which is why we decided to carry out thorough research so as to know how to take advantage of the available market in the United States and in other parts of the world.

We have done our homework and we have been able to highlight some factors that will give us competitive advantage in the marketplace; some of the factors are effective and reliable maize farming processes that can help us sell our produce at competitive prices, good network and excellent relationship management.

Another competitive advantage that we are bringing to the industry is the fact that we have designed our business in such a way that we will operate an all – round standard commercial maize farm that will also include a corn processing plant. With this, we will be able to take advantage of all the available opportunities within the industry.

Lastly, our employees will be well taken care of, and their welfare package will be among the best within our category (start – ups commercial maize farms) in the industry meaning that they will be more than willing to build the business with us, help deliver our set goals and achieve all our aims and objectives.

9. SALES AND MARKETING STRATEGY

  • Sources of Income

Kent Bloomberg® Maize Farms, Inc. is in the commercial farming business for the purpose of maximizing profits hence we have decided to explore all the available opportunities within the industry to achieve our corporate goals and objectives.

In essence we are not going to rely only on the sale of our farm produce to generate income for the business. Below are the sources we intend exploring to generate income for Kent Bloomberg® Maize Farms, Inc.;

  • Cultivation of various species of maize (both organic and non – organic)

10. Sales Forecast

We conducted a thorough market survey and feasibility studies and we were able to discover that the sales generated by a commercial farm depends on the size of the farm and the nature of the commercial farm.

We have perfected our sales and marketing strategies and we are quite optimistic that we will meet or even surpass our set sales target of generating enough income/profits from the first year of operation and build the business from survival to sustainability.

We have been able to critically examine the agriculture industry cum commercial maize (corn) farm line of business, we have analyzed our chances in the industry and we have been able to come up with the following sales forecast.

  • First Fiscal Year-: $200,000
  • Second Fiscal Year-: $400,000
  • Third Fiscal Year-: $750,000

N.B : This projection is done based on what is obtainable in the industry and with the assumption that there won’t be any major economic meltdown that can impact negatively on household spending, bad weather cum natural disasters (draughts, epidemics), and unfavorable government policies. Please note that the above projection might be lower and at the same time it might be higher.

  • Marketing Strategy and Sales Strategy

We are quite aware that the reason why some commercial maize farms hardly make good profit is their inability to sell off their maize as at when due. Corn ripens within a short time after harvest and if they are not sold or processed, they will get so hard that it won’t be good for direct consumption. In view of that, we decided to set up a standard corn processing plant to help us

  • Introduce our business by sending introductory letters alongside our brochure to stakeholders in the agriculture industry, grocery stores, maize merchants, hotels, production companies that rely on supply of maize as raw materials and maize processing plants et al.
  • Advertise our business in agriculture and food related magazines and websites
  • List our commercial maize farm on yellow pages ads
  • Attend related agriculture and food expos, seminars, and business fairs et al
  • Leverage on the internet to promote our business
  • Engage in direct marketing
  • Encourage the use of Word of mouth marketing (referrals)

11. Publicity and Advertising Strategy

Any business that wants to grow beyond the corner of the street or the city they are operating from must be ready and willing to utilize every available means (both conventional and non – conventional means) to advertise and promote the business.

We intend growing our business which is why we have perfected plans to build our brand via every available means. Below are the platforms we will leverage on to boost our commercial maize farm brand and to promote and advertise our business;

  • Place adverts on both print (newspapers and magazines) and electronic media platforms
  • Sponsor relevant community based events/programs
  • Leverage on the internet and social media platforms like; Instagram, Facebook, twitter, YouTube, Google + et al to promote our business
  • Install our billboards in strategic locations all around Trenton – New Jersey
  • Engage in roadshows from time to time in targeted neighborhoods
  • Distribute our fliers and handbills in target areas
  • Contact hotels, restaurants, grocery stores, production companies that rely on the supply of corn, agriculture produce merchants and residents in our target areas by calling them up and informing them of Kent Bloomberg® Maize Farms, Inc. and the farm produce we sell
  • List our commercial maize farms in local directories/yellow pages
  • Advertise our commercial maize farms in our official website and employ strategies that will help us pull traffic to the site.
  • Ensure that all our staff members wear our branded shirts and all our vehicles and trucks are well branded with our company logo et al.

12. Our Pricing Strategy

If you want to get the right pricing for your farm produce, then you should ensure that you choose a good location for your commercial farm, choose a good breed/seed that will guarantee bountiful harvest, cut the cost of running your farm to the barest minimum and of course try as much as possible to attract buyers to your farm as against taking your farm produce to the market to source for buyers; with this, you would have successfully eliminated the cost of transporting your harvest to the market and other logistics.

We are quite aware that one of the easiest means of penetrating the market and acquiring loads of customers for all our corn is to sell them at competitive prices hence we will do all we can to ensure that the prices of our corn are going to be what other commercial corn farmers would look towards beating.

One thing is certain, the nature of commercial farming makes it possible for farmers to place prices for their farm produce based on their discretion without following the benchmark in the industry. The truth is that it is one of the means of avoiding running into a loss. The earlier you sell off your harvested maize, the better for your business.

  • Payment Options

The payment policy adopted by Kent Bloomberg® Maize Farms, Inc. is all inclusive because we are quite aware that different customers prefer different payment options as it suits them but at the same time, we will ensure that we abide by the financial rules and regulation of the United States of America.

Here are the payment options that Kent Bloomberg® Maize Farms, Inc. will make available to her clients;

  • Payment via bank transfer
  • Payment with cash
  • Payment via online bank transfer
  • Payment via check
  • Payment via Point of Sale Machines (POS Machines)
  • Payment via mobile money transfer
  • Payment via bank draft

In view of the above, we have chosen banking platforms that will enable our clients make payment for farm produce purchase without any stress on their part. Our bank account numbers will be made available on our website and promotional materials.

13. Startup Expenditure (Budget)

When it comes to calculating the cost of starting a commercial maize farm with a corn processing plant, there are some key factors that should serve as a guide. Factors such as the capacity of maize processing plant you want to own and the size of the commercial maize farm.

Besides, in setting up any business, the amount or cost will depend on the approach and scale you want to undertake. If you intend to start a world – class commercial farm, then you would need a good amount of capital as you would need to ensure that your employees are well taken care of, and that your farm is conducive enough for workers to be creative and productive.

This means that the start-up can either be low or high depending on your goals, visions and aspirations for your business. The tools and equipment that will be used are nearly the same cost everywhere, and any difference in prices would be minimal and can be overlooked.

As for the detailed cost analysis for starting a commercial maize farm; it might differ in other countries due to the value of their money. Below are some of the basic areas we will spend our start – up capital in setting up our commercial maize farm;

  • The total fee for incorporating the business in United States of America – $750
  • The total cost for payment of insurance policy covers (general liability, workers’ compensation and property casualty) at a total premium – $9,400
  • The amount needed to acquire/lease a farm land – $50,000
  • The amount required for preparing the farm land – $70,000
  • The cost for acquiring the required working tools and equipment/machines/fencing et al – $10,000
  • The amount required for purchase of the first set of maize seedlings et al – $50,000
  • The amount required to set up a standard maize processing plant within the farm facility – $100,000
  • Operational cost for the first 3 months (salaries of employees, payments of bills et al) – $40,000
  • The cost of launching an official website – $600
  • The amount required for payment of workers for a period of 3 months – $100,000
  • Additional Expenditure (Business cards, Signage, Adverts and Promotions et al) – $2,000

Going by the report from detailed research and feasibility studies conducted, we will need an average of $500,000 to start a standard commercial maize farm with corn processing plant business in the United States of America. These are some of the equipment that we would need to fully launch our commercial maize farm,

  • Soil cultivator
  • Harrow (e.g. Spike harrow, Drag harrow, Disk harrow)
  • Stone / Rock / Debris removal implement (e.g. Destoner, Rock windrower / rock rake, Stone picker / picker)
  • Broadcast seeder (alternatively: broadcast spreader, fertilizer spreader or Air seeder)
  • Plastic mulch layer
  • Transplanter
  • Sprinkler system irrigation
  • Wheel Barrow

Basically, the nature of commercial maize farms does not require an office space; most people that run commercial farms operate directly from their farms. But we have decided to open a small liaison office; a place where administrative jobs will be carried out on behalf of the business.

Generating Funds/Startup Capital for Kent Bloomberg® Maize Farms, Inc.

No matter how fantastic your business idea might be, if you don’t have the required money to finance the business, the business might not become a reality. Finance is a very important factor when it comes to starting a business such as commercial maize farming business.

Kent Bloomberg® Maize Farms, Inc. is a family business that will be owned and managed by Kent Bloomberg and his immediate family members. They are the sole financiers of the firm, but may likely welcome other partners later which is why they decided to restrict the sourcing of start – up capital for the business to just three major sources.

These are the areas where we intend sourcing for fund for Kent Bloomberg® Maize Farms, Inc.;

  • Generate part of the start – up capital from personal savings and sale of his stocks
  • Generate part of the start – up capital from friends and other extended family members
  • Generate a larger chunk of the startup capital from the bank (loan facility)

N.B:  We have been able to generate about $100,000 ( Personal savings $80,000 and soft loan from family members $20,000 ) and we are at the final stages of obtaining a loan facility of $400,000 from our bank. All the papers and documents have been duly signed and submitted, the loan has been approved and any moment from now our account will be credited.

14. Sustainability and Expansion Strategy

The future of a business lies in the number of loyal customers that they have, the capacity and competence of the employees, their investment strategy and the business structure. If all of these factors are missing from a business (company), then it won’t be too long before the business closes shop.

One of our major goals of starting Kent Bloomberg® Maize Farms, Inc. is to build a business that will survive off its own cash flow without injecting finance from external sources once the business is officially running.

We know that one of the ways of gaining approval and winning customers over is to sell our farm produce (organic and non – organic corn and even processed and packaged corns) a little bit cheaper than what is obtainable in the market and we are well prepared to survive on lower profit margin for a while.

Kent Bloomberg® Maize Farms, Inc. will make sure that the right foundation, structures and processes are put in place to ensure that our staff welfare are well taken of. Our organization’s corporate culture is designed to drive our business to greater heights and training and re – training of our workforce is at the top burner of our business strategy.

As a matter of fact, profit-sharing arrangement will be made available to all our management staff and it will be based on their performance for a period of five years or more as determined by the management of the organization. We know that if that is put in place, we will be able to successfully hire and retain the best hands we can get in the industry and they will be more committed to help us build the business of our dreams.

Check List/Milestone

  • Business Name Availability Check: Completed
  • Business Incorporation: Completed
  • Opening of Corporate Bank Accounts in various banks in the United States: Completed
  • Opening Online Payment Platforms: Completed
  • Application and Obtaining Tax Payer’s ID: In Progress
  • Application for business license and permit: Completed
  • Purchase of All forms of Insurance for the Business: Completed
  • Leasing of farm land in Trenton – New Jersey and preparing the farm land: Completed
  • Conducting Feasibility Studies: Completed
  • Start – up Capital Generation: Completed
  • Writing of Business Plan: Completed
  • Drafting of Employee’s Handbook: Completed
  • Design of The Company’s Logo: Completed
  • Graphic Designs and Printing of Packaging, Marketing/Promotional Materials: Completed
  • Recruitment of employees: In Progress
  • Building/construction of cages and fence et al: In Progress
  • Purchase of the needed working tools, machines and equipment: Completed
  • Creating Official Website for the Company: In Progress
  • Creating Awareness for the business (Business PR): In Progress
  • Farm land Treatment, Health and Safety Arrangement: In Progress
  • Establishing business relationship with vendors and key players in the industry (agriculture farm produce merchants, fertilizer suppliers and transporters et al): Completed

StartupBiz Global

Starting Maize Farming Business Plan (PDF)

Maize Farming Business Plan

Maize, also known as corn, is one of the most notable grain or cereal crops in the world.  After all, maize is a core part in the production of important products. Examples of such products are food products, ethanol, and livestock feeds, amongst others. The widespread cultivation of maize is due to those dynamics. Maize is relatively hassle-free to grow, handle, and store. Maize is also known as corn. In some countries, particularly Africa, maize is a staple food. Maize is grown widely in Africa, Americas, and Asia. So there is quite a huge demand for the food crop and its many products which is why it makes business sense to start a maize farming business. In this article we shall be looking at some essential knowledge areas that you must acquaint yourself with before you start the maize farming business, and the maize farming business plan – PDF, Word and Excel.

Maize farming is a lucrative business, providing income for millions of people, but there are some essential decisions that you need to make before you venture into the corn farming business. You have to make a decision on how many hectares you want to farm, which type of maize you will farm, which season you are going to plant your maize, and your target market. These choices will be affected by the amount of capital you have, and the size of your target  market.  If you do not have a lot of capital, you can always start small and grow your maize farming business overtime. You also need to carry out market research (Who are you going to sell the maize/corn to? At what price?) and write a corn farming business plan before you venture into the business. As indicated earlier, maize is also known as corn in other parts of the world.

Business Model

At a basic level, maize is cultivated for subsequent sale as grains or green mealies. These green mealies can be cooked or roasted. Then from post-harvest, the list of monetization approaches widens. The grain can be sold to millers who in turn process it into a wide assortment of food products including maize meal. You could even do the milling yourself and sell the end product. You can solely focus on cultivating maize seed. In countries where maize is the staple food, there is huge market of direct customers. As in, there are countless people looking to purchase maize for various uses.

Maize is an important industrial raw material so you can make money from that. For instance, maize is used in the production of alcohol and biofuels. You can sell to livestock feed producers; maize is a major ingredient of livestock feeds. Maize has global economic value so you can export it. There are significantly more returns from exporting your maize, especially to neighbouring countries. Numerous niching options when it comes to maize farming. That is why there are many business model options to pick from.

Land for Maize Farming Business

Type of soil is an important factor for a good maize harvest. Maize can be grown in a variety of soil types.  However it needs soil which is fertile and well drained. Another important factor is the pH of the soil, as it affects the availability of nutrients. Maize/Corn grow well in soil with pH of between 6-7. If the pH is lower than this, the maize produced will be of poor quality, and it may experience abnormal growth. Thus the pH of soil for maize should be close to neutral or slightly acidic. If the pH is too acidic, lime should be added to increase the pH of the soil to between pH 6-7. Other properties of good soil for maize include: sufficient and balanced quantities of plant nutrients, good internal soil drainage, good moisture, and good effective depth of the soil.  It is important that before you start farming maize/corn on your farm, you check whether the soil is suitable for maize farming. Your  corn farming business plan should take into account the cost of purchasing or renting the land.

Machinery and Equipment for Maize Farming

Land preparation must be properly done to ensure the soil is ready for the maize. The type of machinery and equipment needed for your maize farming business depends on the scale of production. For small scale this can be done using hand-held equipment whereas for medium to large scale heavy machinery such as tractors are needed.  Machinery and equipment which maybe needed include tractors, combine harvesters, fertilizer spreader equipment, irrigation equipment, spray equipment etc. Most farmers usually hire big machinery like tractors when they want to use them, rather than purchasing them outright as they are expensive.

Adequate water supply is also important meaning that irrigation maybe necessary. However maize farming can also be done without irrigation in areas which have a good supply of rainfall.  There may also be need of grid hydroelectricity energy for the irrigation systems, standby diesel generators for use during power outages, or solar powered irrigation systems. Farmers especially in the rural areas who do not have the modern farming equipment use animal drawn equipment in maize farming. The higher the level of mechanization at your corn farm, the higher the efficiency of your operations, and the profitability of your maize farming business. The maize farming business plan should include the costs of acquiring and hiring the various machinery and equipment.

Maize Farming Inputs

You require various farming inputs when doing maize farming. You start maize farming by planting maize seeds. Ensure that you use high quality maize seed from certified maize seed companies. It’s unwise to buy cheap, poor quality maize seeds as that will lead to poor harvest yield and low quality maize produce.

Fertilizers are also essential during maize farming as they support the growth of the maize by providing nutrients. The amount and type of fertilizers needed for maize farming depend on the fertility of the soil and the target yield. The most important nutrients for maize farming are Nitrogen and Phosphorous. Potassium and Zinc are also required.  Organic matter is also needed in maize farming. This can be in the form of compost, decayed leaves, animal manure etc. The functions of organic matter in maize farming include: increasing soil fertility, positively influencing the moisture level & temperature of the soil, increasing the soil friability and increasing the amount of decomposers organisms in the soil. Organic matter also increases the capacity of the soil to retain water and nutrients. It’s a soil conditioner.

Other essential maize farming inputs include herbicides, for effective weed control at your farm. Pesticides and fungicides are required for protecting your maize/corn plants against insects and fungi. Diligent measures must be put in place to fight against pests, diseases and weeds.  The costs of acquiring all these inputs should be included in your corn/maize farming business plan.

Pest And Disease Management

Field pests.

The most common field pests in maize farming are aphids, army worms, cutworms, leaf hoppers, and termites. Getting rid of these pests relies heavily on early detection and interventions. The first defence is proper land preparation and regular weed control. This alone can avoid incidences of pest insect pest infestations. Then as a rule of thumb you must always inspect your maize crop daily. Once you notice any insect pests you use chemical methods such as insecticides.

Animal Pests

These animal pests feed on the maize crop thus destroying the crop. Examples are pigs, rodents, baboons, monkeys, and birds, amongst others. Warding off most these animal pests requires robust physical security e.g. perimeter fences. You can also consider having people who scare off the animal pests. Scarecrows have also proven to be very effective in keeping animal pests away.

Storage Pests

In maize farming you need to know there are 2 main groups of storage pests. These are primary pests, secondary pests. The former attach healthy grain whereas the latter attacks damaged or vulnerable grain. Examples are weevils and larger grain borer. An important consideration in the fight again storage pests in maize farming is the temperature. Maintaining dryness also discourages the breeding of pests. No wonder before storing maize you must ensure it is adequately dried up. The presence of moisture and dirt promote pest development – that is why hygiene is important.

The most common diseases in maize farming are fungal and viral diseases. Notable fungal diseases are gray leaf spot, leaf blight, root rot common rust, head smut, and downy mildew. Fungal diseases are often aggressive. Once they set in, any delay in taking action leads to colossal losses. That is why it is important to avoid them in the first place.

One way to avoid them is deliberately cultivating hybrid maize varieties. Another way is to ensure there is no waterlogging and dirt lying around. If the fungal diseases do emerge, immediately use fungicides to get rid of them. The same applies for viral diseases; they are best prevented. Effective pest control helps prevent viral diseases since pests are usually the culprits in transmission.

Farm Workers

This depends on your scale of maize production and also your level of mechanisation. Significant mechanisation tends to reduce the number of workers you will need. However, it is not usually that hard to find cost-effective human resources on a contractual basis. So you will need to hire part time farm workers as and when necessary. The duties of the maize farm workers include cultivating the land, ploughing, planting, irrigation, applying manure & fertilizer on the land, weed & pest control, harvesting. The maize farming business plan should cater for the costs of paying all your employees.

Capital for Maize Farming Business

This depends on the scale of maize production and level of mechanisation amongst other factors. You can get a loan from the bank, or funding from investors, to use as capital to start your maize farming business. If you plan to raise capital from investors and a loan from the bank, you need a good maize farming business plan. If you don’t have access to investors and bank loan, you can use your personal savings and start small, and grow your business overtime. Maize farming is profitable, so if you reinvest the profits you get, you can quickly grow. Even if you are not planning to get a loan, you should still get a maize farming business plan to guide you in starting and operating the business. It is essential for you to have a maize/corn farming business plan before you venture into the maize farming business, so that you know all the costs involved and you make an informed decision.

Harvesting And Storage Of Maize

Harvesting maize.

You can carry out maize harvesting using manual techniques or mechanical techniques. Manual techniques often entail the use of hands. Mechanical techniques often entail the use of combine harvesters. When the maize is around 20 percent moisture level it is ready to be harvested. That moisture level must drop to around 12 percent before the maize can be stored. That is why the maize grain will have to undergo some drying process prior to storage. Drying can be done naturally using the sun or artificially e.g. using heated air.

Storage Of Maize

You can store your maize in a bulky state or you can pack the grain into sacks or bags. It is important to ensure optimum grain moisture levels are reached first. You must also properly sort the grain to eliminate damaged or diseased grain. For long term storage, the grain will need to be chemically treated to protect from pests and diseases.

The market is huge and actually needs more players to start maize farming businesses. The demand for maize is very high, individuals consume maize and products processed from maize. Maize meal and Maize flour is used in meals all over the world. Maize is not just for human consumption but also for animal consumption. Maize is used in stock feed production for livestock production. The starch from the maize is used for a long list of things such as cosmetic products, adhesives, paints, inks, and medical drugs amongst many others. In some countries there are grain marketing entities. These entities buy maize directly from farmers. These provide the easiest way to get your maize purchased with little to no marketing effort. You can also take advantage of farmers’ markets to market your maize. The internet and social media platforms are also effective in generating leads. You can also approach potential bulk clients such as millers, manufacturers, and distributors. Some continents such as Africa actually import large quantities of maize annually.  However there are vast patches of arable land on the continent.  There are so many talking points on this but the relevant one for this subject is about potential. This means the market is not being adequately served by the local maize farmers. Market-wise it is a foregone conclusion that the market is vast and limitless. The maize business plan ought to include a proper marketing plan to use in your maize farming business.

Corn Farming Business Plan

Keys To Profitability

Choosing the right soil or improving it is pertinent (especially fertility). Comprehensive land preparation is also important in optimizing the soil. Choose the right maize variety, especially hybrid ones that have high yields and disease resistance. See to it that you actively monitor and deal with pests and diseases. Your storage regime of the maize grain must be done properly. Most losses in maize farming are post-harvest so be vigilant. Your choice of planting time must be carefully considered. It must be cognizant of weather implications and market demand dynamics. Adequate water availability is imperative but whilst ensuring there is sufficient drainage.

Pre-Written Maize Farming Business Plan (PDF, Word And Excel): Comprehensive Version, Short Funding/Bank Loan Version and Automated Financial Statements

For an in-depth analysis of the maize farming business, we encourage you to purchase our well-researched and comprehensive maize farming business plan. We introduced the business plans after discovering that many were venturing into the maize production business without enough knowledge and understanding of how to run the maize/corn farming business, how to farm the maize, lack of understanding of the financial side of the business, lack of understanding of : the industry, the risks involved , costs and profitability of the business; which often leads to disastrous losses.

The StartupBiz Global maize/corn farming business plan will make it easier for you to launch and run your maize farming business successfully, fully knowing what you are going into, and what’s needed to succeed in the business. It will be easier to plan and budget as you will be aware of all the costs involved in setting up and running the maize business.

Uses of the Maize Farming Business Plan (PDF, Word And Excel)

The maize business plan can be used for many purposes including:

  • Raising capital from investors/friends/relatives
  • Applying for a bank loan
  • Start-up guide to launch your maize farming business
  • As a maize farming business proposal
  • Assessing profitability of the maize farming business
  • Finding a business partner
  • Assessing the initial start-up costs so that you know how much to save
  • Manual for current business owners to help in business and strategy formulation

Contents of the Maize Business Plan (PDF, Word And Excel)

The maize farming business plan include, but not limited to:

  • Marketing Strategy
  • Financial Statements (monthly cash flow projections, income statements, cash flow statements, balance sheets, break even analysis, payback period analysis, start-up costs, financial graphs, revenue and expenses, Bank Loan Amortization)
  • Risk Analysis
  • Industry Analysis
  • Market Analysis
  • SWOT & PEST Analysis
  • Operational Requirements (Including technical aspects of how to farm the maize, inputs requirements etc)
  • Operational Strategy
  • Why some people in the maize farming business fail, so that you can avoid their mistakes
  • Ways to raise capital to start your maize farming business

The Pre-written maize farming business plan package consist of 4 files

  • Maize Farming Business Plan – PDF file (Comprehensive Version – 90 Pages)
  • Maize Farming Business Plan – Editable Word File (Comprehensive Version – 90 Pages)
  • Maize Farming Business Plan Funding/Bank Loan Version- Editable Word File (Short version for applying for a loan/funding – 41 pages)
  • Maize Farming Business Plan Automated Financial Statements – (Editable Excel File)

The business plan can be used in any country and can be easily edited. The financial statements are automated. This implies that you can change eg the number of hectares, selling price of  the maize etc, and all the other financial statements will automatically adjust to reflect the change.

Click below to download the Contents Page of the Maize Farming Business Plan (PDF)

maize farming business plan pdf

Testimonial 5

I was able to understand the business side of farming because of your business plan. You did extensive research; the business plan was well prepared and fully detailed.  It made everything clear, and I have somewhere to start now. I am confident that I am going to succeed in my business because of the guidance from your business plan.

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I found Startupbiz Global online when I was in desperate need of a business plan. I was overwhelmed by the quality of the business plan, it’s comprehensive and well researched! I did not have to wait to get the business plan, I got it instantly after payment. I highly recommend Startupbiz Global, and would happily use them again in the future.

Testimonial 6

I purchased a business plan from you, and I’m glad to inform you that I was able to get my loan, and I’m starting my poultry farming business on the 1 st of July. This was made possible because of your business plan. Thank you very much, you made my dream come true.

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Just wanted to say I am very happy with the business plan and I will gladly recommend your products, thank you very much and have a great day.

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The business plan which I purchased from your website saved me TIME and MONEY! The layout of the business plan was excellent. The financial statements were detailed and easy for me to edit. I will come back to purchase another business plan soon.

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I was extremely lucky to come across StartupBiz Global. Their business plan exceeded my expectations, and most importantly I was able to secure a loan from my bank. Thank you guys, now my dreams are coming true!

Testimonial 1

StartupBiz Global provided a very professional and comprehensive business plan which I used for my business. The business plan was easy to edit, and I was able to get the funding which I wanted. I highly recommend their business plans.

Testimonial 2

Many thanks for your incredibly efficient service and thorough business plan. I am very impressed with the business plan. Before I bought the business plan, I tried to do my own business plan – it was such a nightmare and it turned out badly, also not to mention the stress it caused me. I wish I knew about your website earlier!

Get the Maize Farming Business Plan (PDF, Word And Excel)

Click Buy Now  below to purchase using Paypal, Credit Card, or Debit Card. After you have purchased, you will immediately see the download link for the business plan package on the screen. You will also immediately get an email with the business plan download link. The Pre-written business plan package (PDF, Word, and Excel) costs $30 only!

Maize Business Plan

If you want to purchase multiple business plans at once then click here: Business Plans Store.

The business plan package is a zipped compressed file containing the PDF, Word and Excel documents. To open the package after downloading it, just right click, and select Extract All. If you have any problems in downloading and opening the files, email us on [email protected] and we will assist you.

We wish you the best in your maize farming business! Check out our collection of business plans  , and more business ideas .

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Free Agriculture Sample Business Plan PDF + How to Write

Author: Elon Glucklich

Elon Glucklich

6 min. read

Updated February 7, 2024

Download Now: Free Business Plan Template →

Free Download:  Agriculture Business Plan Template

As a farmer, you’re in the business of putting food on the table. Agriculture is one of the world’s oldest professions.

Today it accounts for over 5% of U.S. Gross Domestic Product, and 1 in 10 American workers are in agriculture, food, and related industries.

But starting a new agriculture business requires intensive planning and upfront preparation. If you’re looking for a free, downloadable agriculture sample business plan PDF to help you create a business plan of your own, look no further.

Keep in mind that you don’t need to find a sample business plan that exactly matches your farm. Whether you’re launching a larger agricultural business outside a bustling city or a smaller organic operation, the details will be different, but the foundation of the plan will be the same. 

Are you writing a business plan for your farm because you’re seeking a loan? Is your primary concern outlining a clear path for sales growth? Either way, you’re going to want to edit and customize it so it fits your particular farm. 

No two agriculture farming businesses are alike.

For example, your strategy will be very different if you’re a dairy operation instead of a soybean farm. So take the time to create your own financial forecasts and do enough market research for your specific type of agriculture so you have a solid plan for success. 

  • What should you include in an agriculture farm business plan?

Your agriculture business plan doesn’t need to be hundreds of pages—keep it as short and focused as you can. You’ll probably want to include each of these sections: 

1. Executive summary

An overview of your agriculture business, with a brief description of your products or services, your legal structure, and a snapshot of your future plans. While it’s the first part of the plan, it’s often easier to write your executive summary last.

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2. Business summary and funding needs

Details about your farming operation, including how much capital you will need and the types of funding you’re considering. Include your business history, your current state, and your future projections. It should also cover your business location, the equipment and facilities needed, and the kinds of crops or livestock you plan to raise.

3. Products and services

Provide details on the types of crops, farming methods, and any value-added products you plan to offer, such as finished goods or even  agritourism offerings .

4. Marketing plan

Compile your market research findings, including the demand for your products or services, your target customers , and your competitors. It should also outline your marketing strategy—how you plan to attract and retain customers. 

5. Financial plan

Your revenue projections, cost estimates, and break-even analysis. Your financial plan and forecasts should demonstrate that your business has a path to profitability.

  • Building on your farm business plan sample

With a free agriculture business plan template as your starting point, you can start chipping away at the unique elements of your business plan.

As the business owner, only you can speak to aspects of your agriculture operation like your mission and core values.

You’re putting in the long hours to start a thriving farm business, so aspects of your mission – like a commitment to sustainable farming practices – will be best explained in your own words. Authenticity will help you connect with a growing market of consumers who value transparency and environmental stewardship in their food sources.

As for more conventional aspects of business planning , you will want to take on things like your marketing and financial plans one at a time. Here are a few specific areas to focus on when writing your business plan.

Invest time in market research

Starting an agriculture operation requires significant startup costs. When you throw in the unique land use considerations involved, it’s crucial to conduct thorough market research before investing hundreds of thousands – or even millions – of dollars into a farm business.

Start by researching the types of farms operating in your locality and wider region, and the specific crops or livestock they specialize in. You will need to understand seasonal trends, including crop yields and livestock productivity.

Note the demographics of the local community to understand their buying habits and preference for local produce. Also, be aware of the competitive landscape and how your farm can differentiate itself from others. All of this information will inform your service, pricing, marketing, and partnership strategy.

From there, you can outline how you plan to reach your target market and promote your farm’s offerings.

Craft your agriculture go-to-market strategy

One of the things that makes an agriculture farm business plan different from some service-based business plans is that you might decide to work only with one or two businesses that purchase your goods.  

You may offer different tiers of products to different types of buyers, such as produce for an organic farmers market, and corn for another farm’s animal feed. If that’s the case, make sure you include ideas like setting aside land for organic growth and maintenance.

Discuss your advertising and promotional strategies, emphasizing channels relevant to your target market. Also, consider how partnerships with local businesses, farmers’ markets, and other industry stakeholders can enhance your visibility.

Include your pricing strategy and any special promotions or loyalty programs. Also, consider public relations and media outreach efforts that can raise awareness about your farm and its sustainable practices.

Prepare for unique farming challenges

Running an agricultural business comes with its own set of challenges, including weather-related disruptions and market volatility. Your business plan should identify these potential risks and present contingency plans to address them.

Include a plan to mitigate weather-related risks, such as crop diversification, employing weather-resistant farming practices, investing in appropriate infrastructure like greenhouses or drainage systems, or taking out insurance to cover weather-related losses.

Detail the operational aspects of your business , including land ownership, employee status, farm maintenance, and safety requirements. Also, illustrate your strategies for managing crop production, livestock care, land stewardship, and regulatory compliance.

Plan for the future

Contingency planning is important in all businesses.

But the unique challenges in agriculture of changing market dynamics, regulatory changes, and climate impacts make it especially necessary to plan for the future. Detail how you’ll measure success, and how you will be prepared to adapt your offerings if you need to change the focus of the business due to factors outside your control.

Also, be ready to discuss opportunities for scaling your business over time, such as introducing new crops, expanding farm operations, or opening additional locations.

  • Get started with your farm business plan sample

There are obviously plenty of reasons farm owners can benefit from writing a business plan — for example, you’ll need one if you’re seeking a loan or investment. Even if you’re not seeking funding, the process of thinking through every aspect of your business will help you make sure you’re not overlooking anything critical as you grow.

Download this  agriculture farm sample business plan PDF  for free right now, or visit  Bplans’ gallery of more than 550 sample business plans  if you’re looking for more options.

Content Author: Elon Glucklich

Elon is a marketing specialist at Palo Alto Software, working with consultants, accountants, business instructors and others who use LivePlan at scale. He has a bachelor's degree in journalism and an MBA from the University of Oregon.

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Farm Business Plan Template

Written by Dave Lavinsky

Business Plan Outline

  • Farm Business Plan Home
  • 1. Executive Summary
  • 2. Company Overview
  • 3. Industry Analysis
  • 4. Customer Analysis
  • 5. Competitive Analysis
  • 6. Marketing Plan
  • 7. Operations Plan
  • 8. Management Team
  • 9. Financial Plan

Farm Business Plan

You’ve come to the right place to create your farm business plan.

We have helped over 5,000 entrepreneurs and business owners create business plans and many have used them to start or grow their farms.

Below are links to each section of a small farm business plan template. It can be used to create a vegetable farm business plan, fruit farm business plan, agriculture farm business plans or many other types of rural businesses.

Sample Business Plan For Farms & Agricultural Businesses

  • Executive Summary – The Executive Summary is the most important part of your business plan. It is a brief description of your farm, its products and services, potential market opportunity, and competitive advantage.
  • Company Overview – Also called the Company Analysis, here, you will provide a detailed description of your agriculture business history, its products and other services, and business structure.
  • Industry Analysis – In the Industry Analysis, you will provide an in-depth analysis of the industry in which your farm operates including industry trends, market size and growth, and government regulations.
  • Customer Analysis – In the Customer Analysis, you will identify your target market and provide insights into their purchasing habits. You will also create customer segments and discuss your marketing strategy for reaching them.
  • Competitive Analysis – In the Competitive Analysis, you will identify your direct competition and provide insights into their strengths and weaknesses. You will also discuss your competitive advantage and how you plan to stay ahead of the competition.
  • Marketing Plan – The Marketing Plan includes a discussion of your marketing strategy and tactics along with your pricing strategy. You will also provide a budget for your marketing activities including attending farmers’ markets or advertising a farm stand.
  • Operations Plan – In the Operations Plan, you will discuss your farm’s day-to-day operations. You will also provide your business goals that you plan to achieve and a budget for your operating expenses.
  • Management Team – In this section, you will provide a brief overview of the farm owners and farm management team, their experience in the agricultural industry, and the organizational chart.
  • Financial Plan – In this section, you will provide three-year financial statements for your farm. This will include your income statements, projected balance sheets, and cash flow statements.

Next Section: Executive Summary >

Farm Business Plan FAQs

What is a farm business plan.

A farm business plan is a plan to start and/or grow your farm business. Among other things, a good agriculture farm business plan outlines your business concept, identifies your target audience , presents your marketing plan and details your financial projections.

You can  easily complete your farm business plan using our Farm Business Plan Template here .

What Are the Main Types of Farms?

There are many types of farms. Some have commercial farms that produce crops and agricultural products for sale. Others have cooperative farms owned by people who pool their resources together and share profits among themselves. There are also vegetable farms, dairy, micro, organic, poultry, subsistence, or urban farms.

What Are the Main Sources of Revenues and Expenses for a Farm?

The primary source of revenue for a farm is the sale of its farmed goods such as rice, corn, milk, beef, chicken, depending on the kind of farm a business is.

Some key expenses for a farm are labor expenses, production costs like irrigation, fertilizer, water, and machinery maintenance.

How Do You Get Funding for Your Agriculture Business?

Farm business plans often receive funding from bank loans. Financing is also typically available from grants offered by local and state governments. Personal savings, credit card financing and angel investors are other funding options. This is true for starting any agricultural business.

What are the Steps To Start a Farm Business?

Starting a farming business can be an exciting endeavor. Having a clear roadmap of the steps to start a business will help you stay focused on your goals and get started faster.

  • Develop An Agricultural Business Plan - The first step in starting a business is to create a detailed agriculture business plan that outlines all aspects of the venture. This should include potential market size and target customers, the services or products you will offer, pricing strategies and a detailed financial forecast.  It should also include your business goals and mission statement. You can quickly complete your farm business plan using our Farm Business Plan Template here .
  • Choose Your Legal Structure - It's important to select an appropriate legal entity for your farm business. This could be a limited liability company (LLC), corporation, partnership, or sole proprietorship. Each type has its own benefits and drawbacks so it’s important to do research and choose wisely so that your farm business is in compliance with local laws.
  • Register Your Agriculture Business - Once you have chosen a legal structure, the next step is to register your farm business with the government or state where you’re operating from. This includes obtaining licenses and permits as required by federal, state, and local laws. 
  • Identify Financing Options - It’s likely that you’ll need some capital to start your farm business, so take some time to identify what financing options are available such as bank loans, investor funding, grants, or crowdfunding platforms. 
  • Choose a Business Location - Whether you plan on operating out of a physical location or not, you should always have an idea of where you’ll be based should it become necessary in the future as well as what kind of space would be suitable for your operations. 
  • Hire Employees - There are several ways to find qualified employees including job boards like LinkedIn or Indeed as well as hiring agencies if needed – depending on what type of employees you need it might also be more effective to reach out directly through networking events. 
  • Acquire Necessary Farm Equipment & Supplies - In order to start your agricultural business, you'll need to purchase all of the necessary equipment and supplies to run a successful operation. 
  • Market & Promote Your Business - Once you have all the necessary pieces in place, it’s time to start promoting and marketing your farm business. This includes creating a website, utilizing social media platforms like Facebook or Twitter, and having an effective Search Engine Optimization (SEO) strategy. You should also consider traditional marketing techniques such as radio or print advertising. 

Learn more about how to start a successful farm business and agribusiness planning:

  • How to Start a Farm Business

Where Can I Get a Farm Business Plan PDF?

You can download our free farm business plan template PDF here . This is a good farm business plan template you can use in PDF format.

Cornell CALS - College of Agriculture and Life Sciences

12: Business Plans

What is a business plan.

A business plan is a document that helps you to organize and succinctly summarize the vision you have for your business. The plan contains the operational and financial objectives of a business, the detailed plans and budgets showing how the objectives are to be realized.

A good business plan will contain the following:

  • Your business vision, mission statement, key values, and goals
  • Description of the product(s) you intend to produce
  • Strengths, Weaknesses, Opportunities and Threats the business may experience are described
  • Production plans
  • Marketing plans
  • Estimated start-up costs
  • Information on your legal structure and management team
  • Current financial statements or projected financial statements.
  • Resume or brief explanation of your background and relevant experience
  • Less than 10 total pages so that people actually read it

Helpful Publications for Writing a Business Plan

General Business Resource Publications:

  • Starting an Ag-Business? A Pre-Planning Guide http://publications.dyson.cornell.edu/outreach/extensionpdf/2004/Cornell_AEM_eb0408.pdf
  • Business Transfer Guide: Junior Generation http://publications.dyson.cornell.edu/outreach/extensionpdf/2016/Cornell-Dyson-eb1605.pdf
  • Producing a Business Plan for Value-Added Agriculture http://publications.dyson.cornell.edu/outreach/extensionpdf/2007/Cornell_AEM_eb0708.pdf
  • Business Planning for the Agriculture Sector: A Guide to Business Plan Development for Start-up to Mid-size Operations http://publications.dyson.cornell.edu/outreach/extensionpdf/2010/Cornell_ pdf
  • Building a Sustainable Business (Sustainable Agricultural Research Education (SARE)Publications) sare.org/publications/business.htm 280 pages of education and practical exercises to guide you through the financial, management, and interpersonal skills needed to start a successful farm business. Order hard copy for $17 or download PDF online for free.

Cornell Cooperative Extension Publications for Specific Commodities:

  • Landscape Business Planning Guide http://publications.dyson.cornell.edu/outreach/extensionpdf/2003/Cornell_AEM_eb0313.pdf
  • Writing a Business Plan: A Guide for Small Premium Wineries http://publications.dyson.cornell.edu/outreach/extensionpdf/2002/Cornell_AEM_eb0206.pdf
  • Writing a Business Plan: An Example for a Small Premium Winery https://ageconsearch.umn.edu/bitstream/122203/2/Cornell_AEM_eb0207.pdf

Getting Help Writing a Business Plan

Cornell Cooperative ExtensionThe type of programming offered in each county is unique so contact your county extension office to see if they have a farm management or small business development educator. Often these educators offer business plan workshops and are willing to advise, review, or assist in writing your plan. Additional economic data and marketing tools can be found at the following website:
Cornell Small Farms Program Online Course BF 202: Business Planning The Cornell Small Farms Program offers 20+ online courses every year on many topics related to the production and business sides of farming. Most are taught by Cornell Cooperative Extension educators. BF 202 is a 6-week course that will guide you through the process of writing your business plan, with weekly live webinars and feedback on your plan from an experienced farmer.
New York State Small Business Development CenterA network of 23 regional centers delivering business counseling and training free of charge to New Yorkers who want to start a business or improve the performance of an existing business.
NY FarmNetNew York FarmNet has business plan writing publications (listed earlier in this fact sheet) in addition to farm counselors throughout the state who offer free and confidential help on any topic of concern, including: finances, farm changes, farm transfer, natural disaster, personal stress, family communication, and marital conflict.
Empire State Development’s Entrepreneurial Assistance ProgramProgramPart of New York State’s economic development agency, they have 9 centers across the state to provide specialized help to women, minority group members and persons with disabilities who are starting or operating an early stage business.1-800-STATE NY
SCORE “Counselors to America’s Small Business”SCORE is a nonprofit organization offering free business advice and training by experienced volunteers. Check the website for chapters in your area.
Federal Small Business AdministrationFederal agency with offices throughout the state providing counseling services and loan guarantees. They have a special emphasis area to work with women, minorities, veterans, and businesses involved in international trade.
AgPlanAgPlan is powerful website developed by the Center for Farm Financial Management at the University of Minnesota to help rural businesses develop a business plan.
USDA New Farmers WebsiteUSDA’s New Farmers Website provides a portal to various sites providing technical assistance for planning a business.

business plan for corn farming

Details of a Small Farm Business Plan

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business plan for corn farming

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Writing a farm business plan can be a tool for you to plan your farming business. It can also be a requirement of securing grants and loans for your farm business. The process of writing a farm business plan may seem overwhelming and intimidating at first, but if you break it down into its component steps, it becomes much more manageable.

What Is a Business Plan?

A business plan is a roadmap for your small farm . It is both process and product. During the writing of a farm business plan, you'll develop an overall vision and mission for your business. You will think about your short- and long-term goals. You'll define the steps needed to achieve those goals. You'll set the direction for your business to develop over the next five years.

If you're already an established business, your new business plan will show where you're going next. A good business plan should be:

Mission Statement

Your farm’s mission statement is your overarching purpose for your business:

  • Why does your farm exist?
  • What purpose does your farm serve?
  • Where is your farm headed?

This is beyond “make money.” This mission statement is based on your values and your core identity as a small farm.

The goals in your business plan are the specific, measurable “things” you will achieve with your small farm. Short-term goals are defined as those that you will complete within one year. Long-term goals are those that take longer than one year to complete.

SMART Goals are:

  • Rewarding, and have a

Background Information

In this section of your business plan, take inventory of what you have right now:

  • Where are you located?
  • How many acres of land are you farming?
  • When did you begin farming?
  • How are you currently operating?
  • What general practices do you use for such things as conservation, tillage, environmental impact, and marketing?

Farm Strategy

This is where your business plan gets to looking forward. You are going to formulate your farm strategy from now into the next five years or so.

  • Gather information and research markets. Make sure that your farm plan fits into the general market in terms of supply and demand. Investigate and analyze industry trends, identify competitors, and define buyers.
  • SWOT Analysis. This is an analytical tool that can be used in making decisions. SWOT stands for: strengths, weaknesses, opportunities, and threats. As a business, analyze your internal strengths and weaknesses. Then look externally at what opportunities and threats exist - competitors, new markets, government regulations, economic conditions, and so forth.
  • Create alternative strategies. Looking at the information you've gleaned and the analysis you just did, think through options for your farm strategy. Don't rely on price alone; economies of scale are challenging on the small farm level.
  • Don't jump to one conclusion immediately. Really spend some time fleshing out the specifics of some of the strategies and looking at their advantages and disadvantages. Try to find options that combine your internal strengths with opportunities in the external environment.
  • Look at all your strategies, then reread your mission statement. The ideal farm plan will fit your mission best.
  • Write an implementation plan. This is where you write a plan that will make your new strategy happen.

Marketing Strategy and Plan

In the next part of your farm business plan, you develop and outline a marketing strategy for your products and services. This can build on the research you did in the previous step. For each product, include ​the price, placement, and promotion ideas. Consider how you will convey real and perceived value to your customers.

Management Summary

This part of your business plan details your farm business’ structure. Everyone who is involved in the management of the business should be listed here. External resources are listed here as well.

Financial Analysis

In this section, you will need to detail the financial aspect of your farming operation. List your current finances in detail, including all income and operating expenses. Referring to your new strategy, you will forecast what is needed for future growth and to meet the goals you have outlined in terms of capital. Include what your future operating expenses will be.

Pulling It All Together

Writing a farm business plan is a big project. Don’t let that put you off. Your plan can be as simple as it needs to be for right now. Begin with your mission statement and goals. Do your homework by analyzing markets and researching competitors and trends. Have fun brainstorming alternative strategies and let them marinate a while. Take it one step at a time.

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Maize Farming: Business Plan And Guide For Beginners

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Maize farming is very popular among the farmers in many parts of the world. Maize has become a staple food in many parts of the world with total production of maize surpassing that of wheat or rice.

And maize is called queen of cereals, because it has highest genetic yield potential among the cereals. Maize ( Zea mays ), also known as corn, is actually a cereal grain which is used for many different purposes.

It was first domesticated by the indigenous people in southern Mexico about 10,000 years ago, and today it is very popular throughout the world.

The leafy stalk of the plant produces pollen inflorescences and seperate ovuliferous inflorescences called ears that yield kernels or seeds, which are fruits.

The plants are often 3 meters in height (but some natural strains can grow up to 13 meters). The stem is generally composed of 20 internodes of around 18 cm length. A leaf which grows from each node, is generally 9 cm in width and about 1.2 m in length.

Maize is in 3rd position in term of total staple food production. But a very little amount of total maize production is consumed directly by humans. Most of the maize is used for corn ethanol, animal feed and for producing other maize products, such as corn syrup and corn starch.

Table of Contents

What Are The Advantages/Importance Of Maize Farming Business?

Like many other commercial crop farming business, large scale maize farming business also offers several advantages.

  • Maize is a versatile crop and it is widely used in various industries. It is used in many industries from food to biofuels (providing farmers with multiple market options).
  • This crop has a relatively short growing period as compared to some other crops. And you can ensure quicker harvest cycles and potential for multiple harvests in a year.
  • Commercial maize farming is less capital-intensive as compared to some other types of agriculture related business.
  • Maize plants are very hardy and they are resilient to different weather conditions. This crop has less risk of crop failure and it ensures a more stable income for farmers.
  • Commercial maize farming can create great opportunities for profitability, flexibility, and resilience in the agricultural sector.

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How to Start Maize Farming?

Starting maize farming business is not too tough. The plants are relatively easy to grow and you will able to grow if you are a beginner. Through maize farming, you can easily shield the deteriorating grade of soil.

Maize farming can help preserving 90% of water and about 70 of potency as compared with paddy. And maize farming can actually make more profit than paddy or wheat farming.

However, here we are describing more information about maize farming from selecting land, planting, caring to harvesting.

Step 1: Learn Practically

First of all, try to learn more about commercial maize production business practically. Like many other crop farming business, having practical knowledge is also very important for commercial maize farming business. So, try to learn more about this business practically from any of your nearest agriculture extension office or from any existing farmers in your area.

Step 2: Complete Maize Production Training

Completing a training is also very beneficial for operating a successful maize farming business. You can complete training from any of your nearest government or non-government organizations or from any agriculture extension office.

Step 3: Make An Effective Business Plan

A good and effective business plan helps to start and operate a business successfully. So, making a very good and effective business plan is very important. You can ask for help from an expert for making the business plan, especially if you are a beginner.

Step 4: Select A Good Location

First of all, select a good location for maize farming. Maize plants grow well in fertile soil with pH ranging from 5.5 to 7.5. They can be grown on wide range of soil types including loamy, sandy loamy or clay loam soil (heavy clay soil is not good for maize farming).

But the soil needs to be rich in organic content and have to have good water containing capacity. The plants also require full sun for better yield. So, consider all these factors while selecting land for starting maize farming.

Step 5: Prepare The Soil Perfectly

For preparing the soil, first of all remove all the weeds and remains of previously grown crop from the field. Then plough the land to bring the soil to fine tilth. 6-7 ploughing and harrowing will be required for making the soil fully prepared for maize farming.

As the maize plants grow very well in organic content rich soil, so try to add as much organic contents (fully-rotted aged manure or compost) as you can. 4-6 tons of fully decomposed aged manure will be enough for 1 acre land.

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For commercial maize farming, you also have to apply some chemical fertilizers into the soil. Applying 20-24 kg phosphorus, 60-70 kg nitrogen and 10-12 kg potash per acre will be required for optimal production.

Soil test is necessary to know deficiency of any nutrient in the soil, and exact amount of chemical fertilizers can vary from place to place. So test the soil before applying chemical fertilizers.

Step 6: Consider The Climate Requirements For Maize Farming

The maize plants are grown throughout the world, and the plants can grow in a wide variety of climatic conditions. It is actually a warm weather crop and doesn’t grow well in the areas where the minimum daily temperature is less than 19 °C.

The seeds can germinate as low as 10 °C, but the germination process will be faster and less variable at soil temperature of 16 °C to 18 °C. And maximum temperature for maize farming is 30 °C to 35 °C.

Step 7: Consider The Best Time For Maize Farming

Maize is a warm season crop, and is cold-intolerant. The seeds must be shown in the spring in the temperate zones. Actually, it can be grown throughout the year, but grow best between 21 °C and 27 °C temperature.

Step 8: Select The Right Type/Variety For Your Production

There are some different types of maize to choose from. The 6 major types of maize are sweet corn , flour corn, popcorn, pod corn, flint corn and dent corn. You should choose such a type which is widely grown and available in your area.

Step 9: Purchase Good Quality Seeds

After selecting your desired type of maize, purchase seeds from any of your nearest market or seed supply stores. Maize is very common and popular throughout the world, so you will easily be able to purchase seeds from your local market.

Step 10: Determine The Quantity Of Seeds Per Acre

Total amount of seeds per acre depends on many different factors. Exact amount of seeds required per acre can vary depending on production purpose, seed size, season, plant type and sowing method.

On average you will need about 8-10 kg/acre for spring crop, about 8 kg/acre for sweet corn, about 7 kg/acre for pop corn, about 16 kg/acre for baby corn and about 20 kg/acre for fodder production.

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Step 11: Planting

The maize seeds are planted in rows. But space between rows and between plants can vary depending on the maize type. Spacing the rows to about 2 feet apart and the plants to about 8 inches apart will be good for winter crop and both sweet and baby corn production.

Spacing 20×6 inches will be good for pop corn production and 12×4 inches will be good for fodder production. You can sow the seeds manually by dibbling or by mechanically with help of tractor drawn ridger seed drill. And sow the seed to about 1 inch deep.

Before sowing, treat the seeds with fungicides for preventing seed and soil borne diseases. Treating the seeds with Thiram or Carbendazim at the rate of 2 grams per kg seed will be good.

Step 12: Caring

Taking additional care is must for successful maize farming business and for maximum yield. The plants will grow better and produce more if you take additional care of the plants. Here we are describing more about the steps for caring the maize plants.

Fertilizing: Additional fertilizers may be required for maize farming. Test the soil and take advice from an experienced agriculture specialist before applying additional fertilizers.

Watering: The maize plants generally require less water as compared to other crops. Although timely and adequate watering will help the plants to grow well. Apply a light watering immediately after sowing the seeds. Then water lightly after a week for a month (during the early stage of this crop). And additional watering should be applied after every 25-30 days. Avoid water stagnation and the land must have to have good drainage system for successful maize farming business.

Controlling Weeds: Controlling weeds is very important for successful maize farming business. Initially you should remove all the weeds from the field while ploughing and harrowing. And then at least 2 additional hand weeding is required. The first weeding should be done on 20-25 days and another is on 40-45 days after sowing. Mulching can help to control most of the weeds from the field.

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Step 13: Try To Control Pests And Diseases

Like many other commercial crops, the maize is also susceptible to some pests and diseases. Corn worm, stalk borer or stem borer, shoot bug, pink borer, termites and shoot fly are some common pests for the maize plants.

Downy mildew, leaf spot, post flowering stalk rot and maydis leaf blight are some common diseases for the maize plants. Contact your nearest agriculture extension office or consult with an specialist for having recommendation for controlling all these pests and diseases.

Step 14: Harvesting

You can start harvesting when cobs outer cover turns from green to white. Actually when the stalks have dried and moisture of the grain as about 20-17%, is the optimum time for harvesting maize. You can harvest the maize manually by hand, and there are machines available for separating the seeds.

Step 15: Yield

Yield can vary depending on many different factors. But on average, you can expect about or up to 2500 kg per hectare.

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Frequently Asked Questions (FAQs)

People ask many questions about maize farming. Here we are trying to list the most common questions about corn farming, and trying to answer them. Hope you will find your answer. Don’t hesitate to ask us if you have more questions.

What is the origin of maize?

Maize is the domesticated variant of teosinte. Several theories had been proposed about the specific origin of maize in Mesoamerica. Probably, it was first domesticated by indigenous peoples in southern Mexico about 10,000 years ago.

What are the other names of maize?

Maize is known by many other names in many different parts of the world. It’s other names include corn, Indian corn, sweet corn, mealie etc. Maize is also known by some other local names in many different languages. It is known as Mielie in Afrikaans, Makki or Makai in Hindi, Bhutta in Bengali, Makoi in Assamese, Makai in Gujarati, Musukina Jola in Kannada, Cholam in Malayalam, Maka in Marathi, Makaa in Oriya, Iringu in Sinhala, Jola in Tulu and Mokka Jonna in Telugu.

What are the uses of maize?

Maize is used for many different purposes. It is mainly used as fodder for animals, food grain, pop corn, baby corn, sweet corn and green cobs. Corn flour is also widely used. Maize also serves as a basic raw material to thousands of industrial products that may include oil, starch, alcoholic beverages, food sweeteners, pharmaceutical, gum, textile, package, food cereals, cosmetic and paper industries.

What is the nutritional value of maize?

All the types of maize are nutritious and good for human health. Raw, yellow sweet maize karnels are composed of 1% fat, 3% protein, 19% carbohydrates and 76% water, And a serving of 100 gram maize karnels provide about 86 calories and are a very good source of vitamin B, thiamin, niacin, folate and pantothenic acid. They also provide moderate amounts of dietary fiber and some essential minerals such as phosphorus and magnesium.

What are the health benefits of consuming maize/corn?

Consuming maize or corn has some health benefits. Most notable health benefits of consuming maize are mentioned below.

  • Due to the fiber content, consuming maize is good for digestion.
  • Maize can help in lowering LDL cholesterol.
  • Regular consumption of corn can helps in preventing skin problems and can also help to combat with hair loss.
  • Consuming corn is beneficial for heart, and it may helps in preventing Alzheimer’s disease.
  • Eating maize is good for preventing diabetes and hypertension.
  • It can help in improving vision and it also has anti-cancer properties.

Is maize farming profitable?

Yes, commercial maize farming is a very profitable business. You can start this business for making good profits.

How to start maize farming business?

First of all select a good site for corn/maize farming, prepare the land perfectly, choose the right variety, purchase seends, plant in the field and care for the plants.

How long does maize take to grow?

Depends on the breed. But generally most of the corn varieties become ready for harvesting within 100 days from planting.

How many times is maize planted in a year?

You can take 2-3 crops in a year from the same field.

Is maize a profitable crop?

Yes, commercial maize farming is a profitable business. Demand of maize is very high in the market and the price is also good. So, you can start this business for making profits.

In which month maize is planted?

Depends on your location. For example, if you are from India then Kharif maize is sown in June to July till August and harvested in December.

Does maize need a lot of water?

Yes, maize plants grow very fast and require lots of water.

Which soil is best for maize?

Fertile, well-drained and sandy loam soil is considered as best for maize farming.

What is the correct spacing for maize?

The recommended spacing is 75cm between rows and 25cm for plants.

How do I become a successful maize farmer?

For becoming a successful maize farmer you have to choose a disease resistant and high yielding maize variety. And you also have to take good care of the plants for having good yield.

Which weather is good for maize?

Dry weather is considered best for maize farming business.

Should I water corn every day?

No, you don’t have to water your plants everyday. Watering them once per week will be enough.

How do you increase maize yield?

Apply both organic and chemical fertilizers for increasing maize yield.

What is the best time to fertilize maize?

Fertilize your field when the soil is moist.

What fertilizer does maize need?

Maize plants require a balance of NPK fertilizers. But potassium is the nutrient required in the greatest amount by maize.

How many seeds of maize should be planted per hole?

You should plant 2-3 seeds per hole.

How many maize seeds can you plant per acre?

You will need about 10 kg seeds for planting one acre land.

Can maize be planted all year round?

Yes, maize is now cultivated throughout the year.

How long is the life cycle of maize?

Average lifespan of the maize plants is between 120 and 150 days.

Does maize need full sun?

Yes, the maize plants grow best in full sun.

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6 thoughts on “maize farming: business plan and guide for beginners”.

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it is very helpful. i would be extremely happy if u continue to send me more information on other commercial crops. i am a young farmer who is now venturing into the business of commercial farming and i would need help to succeed. Please can you send me information on the ready markets for all cash crops in the world. thank you.

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Great.good work

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Sincerely apprecieted the writer. God Bless you.

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We have requirement of yellow corn cattelfeed maize Grade – B Or Grade – C as per mentioned specifications Required Qnty – 500MT Our targated exwarehouse price RS —-Rs per kg included 50kg bags and loading to truck payment – LR Based 🙏👆 if anyone have available the stock of maize pls contact with us immediately। +917020503591 [email protected]

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I appreciate your sharing. What type of watering system is good for maize production? Is drip irrigation watering system good for maize farming?

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Drip irrigation system is good, but it will be costly for you. Traditional watering system is economical for growing maize. Good luck!

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Tips For Starting a Corn Farm Business

business plan for corn farming

Corn is one of the most versatile crops, with an enormous variety of uses. It can be eaten fresh or processed into corn oil, cornstarch, and other food additives. Corn has also been used for centuries to make ethanol fuel (although this use is controversial). And there’s also another exciting use: as a raw material in biodegradable plastic production.

Essentially, corn has several uses apart from food and starting a corn farm can be very profitable for you because of how versatile they are. If you want to start a corn farm business, here are some tips to help get started:

Register The Business And Secure The Premises

Before you can even think of growing your crop, you have to make sure that you are properly registered as a business. Next, you’ll also need to secure the premises where your farm will be set up because it’s important that your crops are protected from pests and other potential dangers. You can start with a smaller operation if you like (such as setting up one truck to deliver fresh corns to local food vendors), but it’s always better to aim big when growing any business.

Create a Business Plan

For most businesses, it’s a great idea to create a business plan. This is even more important when you’re just starting out and growing the business from scratch. If you can’t find out or predict the expected crop yield on your plan, we recommend you use the best crop yield calculator . A business plan covers all the key areas of your business, so it’s a great way to map out exactly what you want to accomplish with this venture. Your business plan will essentially be your roadmap or guide in setting up and running your farm, and it will also serve as an overview of your financial needs for your future operation.

Secure Funding for Operations

In order to secure funding for your operations , you can contact a local financial institution or apply for a venture capitalist. There are also grants that support small-scale agribusinesses, and if your farm is looking promising, you might be able to get some of those as well.  After your funding is in place, you can start buying the equipment and materials that you need to get started. A common mistake new business owners make when applying for a loan is not being prepared. Unfortunately, this often leads to rejection, and it’s a huge barrier when starting out, so you have to be very careful about how you present your business plan.

Take Climate Into Consideration

One of the key factors that you need to take into consideration is the climate where you’ll set up your farm. You should also consider how this will affect your yield and output so that you can plan accordingly. There are different types of corn, with some being more tolerant to a certain climate than others. This is why it’s also important to take into consideration your personal expertise in growing crops. Do you have any experience? What kind of resources do you have access to, like groundwater or irrigation systems? Is the land flat enough for proper drainage? For instance, if the climate will not be conducive for proper farming operations, it might be a good idea to switch to planting crops such as rice or peanuts.

Choose a Land and Soil Type

The location of your farm will also play a major role in how successful it is. For instance, if you plan on selling fresh corn to local food vendors, look for areas where there are large concentrations of people and businesses within easy reach. You can also connect with these businesses to see if they’ll be interested in having their supplies delivered to them on a regular basis. Make sure that you have enough land, so you can expand your business without any problems.

Most of all, it’s also important to take into consideration the soil type. Most of the time, it pays to choose quality over quantity when starting out because this will ensure that you get better yields in the long run. If you need help choosing the right land, it’s a good idea to seek out expert advice from people who have done this before, so they can give you tips on what to do and what not to do.

Get The Land Ready

Before you can start planting your crops, you need to get the land ready by tilling it first. Make sure that the soil is loose , so you can easily plant your seeds. Otherwise, this may have a negative impact on your overall output, and you might lose money because of that. You also need to consider whether or not there are enough nutrients in the soil and how acidic it is.

Keep in mind that planting and growing corn isn’t an easy task, and you will need to constantly monitor your crops for any problems or pests that might affect their growth. You’ll also need to make sure they get enough sunlight every day, so they can grow big and strong by getting at least 6 hours of sunlight most days of the week.

business plan for corn farming

Plant The Seeds

The right time to start planting your seeds is usually during the optimum month for growing corn in your location. You should also make sure that you plant them about 1-2 inches deep and at least 18 inches apart from one another. This will ensure a good spacing between plants, so they can grow as big as possible. Keep in mind that corn has a relatively long growing season, which should be around 100-120 days.

Control Pest and Diseases

It’s a good idea to control pests and diseases by doing an inspection of the land first. You can do this by hiring a private company that offers this kind of service, or getting someone from the local government to inspect the land for you.  This will help you keep pests under control before they start spreading to other crops. Either way, it’s important that all these issues are taken care of, so you don’t lose money due to the lack of output.

For anyone who’s looking for a way to make money in today’s world, starting a corn farm business might be a perfect idea. Corn is one of the most popular crops around, and it can serve as an excellent source of income if you know how to grow them correctly. It also doesn’t require much land or start-up capital, which means that nearly everyone has access to this type of opportunity.

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Agriculture Business Plan Template

Written by Dave Lavinsky

agricultural business plan

Agriculture Business Plan

Over the past 20+ years, we have helped over 500 entrepreneurs and farm owners create business plans to start and grow their agricultural companies.

If you’re unfamiliar with creating an agriculture or farm business plan, you may think creating one will be a time-consuming and frustrating process. For most entrepreneurs it is, but for you, it won’t be since we’re here to help. We have the experience, resources, and knowledge to help you create a good business plan.

In this article, you will learn some background information on why business planning is important. Then, you will learn how to write an agriculture business plan step-by-step so you can create your plan today.

Download our Ultimate Business Plan Template here >

What is an Agriculture Business Plan?

A business plan provides a snapshot of your agricultural business as it stands today, and lays out your growth plan for the next five years. It is a valuable tool that explains your business goals and your strategies for reaching them. It also includes market research to support your plans.  

Why You Need a Business Plan for an Agriculture Business

If you’re looking to start an agricultural business or grow your existing agricultural company, you need a business plan. A business plan will help you raise funding, if needed, and plan out the growth of your farm to improve your chances of success. Your agricultural business plan is a living document that should be updated annually as your company grows and changes.  

Sources of Funding for Agricultural Businesses

With regard to funding, the main sources of funding for an agricultural business are personal savings, credit cards, bank loans, and angel investors. When it comes to bank loans, banks will want to review a comprehensive business plan and gain confidence that you will be able to repay your loan and interest. To acquire this confidence, the loan officer will not only want to ensure that your financials are reasonable, but they will also want to see a professional plan. Such a plan will give them the confidence that you can successfully and professionally operate a business. Personal savings and bank loans are the most common funding paths for agricultural companies.

    Finish Your Business Plan Today!

How to write a business plan for an agricultural business.

If you want to start an agricultural business or expand your current one, you need a business plan. A good farm business plan should include 10 sections as follows:

Executive Summary

Company overview, industry analysis, customer analysis, competitive analysis, marketing plan, operations plan, management team, financial plan.

Your executive summary provides an introduction to your business plan, but it is normally the last section you write because it provides a summary of each key section of your plan. The goal of your executive summary is to quickly engage the reader. Explain to them the kind of farm business you are running and the status. For example, are you a startup, do you have an agricultural business that you would like to grow, or do you have a farming operation that you would like to sell? Next, provide an overview of each of the subsequent sections of your plan.

  • Give a brief overview of the agricultural industry.
  • Discuss the type of farm you are operating.
  • Detail your direct competitors. Give an overview of your target customers.
  • Provide a snapshot of your marketing strategy. Identify the key members of your team.
  • Offer an overview of your financial plan.

In your company overview, you will detail the type of agricultural production you are operating.

For example, you might specialize in one of the following types of agricultural businesses:

  • Animal feed manufacturing : the production and sale of food formulas for farm animals.
  • Agrichemical and seed manufacturing : the production and sale of agrichemicals (e.g., fertilizers, pesticides, and fungicides) and seeds to farmers that support the growth of their crops.
  • Agricultural engineering : development, testing, and implementation of new agriculture tools and machinery to improve the process for farmers.
  • Biofuel manufacturing : the production of energy from biomass.
  • Crop production : the process of growing and harvesting a variety of crops such as fruits, vegetables, and grains.

In addition, the company overview needs to provide information about the business history.

Include answers to questions such as:

  • When and why did you start the business?
  • What milestones have you achieved to date? Milestones could include reaching X number of harvests per year, the number of customers served, or reaching $X amount in revenue.
  • Your legal business Are you incorporated as an S-Corp? An LLC? A sole proprietorship? Explain your legal structure here.

In your industry or market analysis, you need to provide an overview of the agricultural industry. While this may seem unnecessary, it serves multiple purposes.

First, researching the agricultural industry educates you. It helps you understand the market in which you are operating.

Secondly, market research can improve your marketing strategy, particularly if your analysis identifies industry trends.

The third reason is to prove to readers that you are an expert in your industry. By conducting the research and presenting it in your plan, you achieve just that.

The following questions should be answered in this section:

  • How big is the agricultural industry (in dollars)?
  • Is the market declining or increasing?
  • Who are the key competitors in the market?
  • Who are the key suppliers in the market?
  • What trends are affecting the industry?
  • What is the industry’s growth forecast over the next 5 – 10 years?
  • What is the relevant market size? That is, how big is the potential target market for your agricultural business? You can extrapolate such a figure by assessing the size of the market in the entire country and then applying that figure to your local population.

The customer analysis section must detail the customers you serve and/or expect to serve.

The following are examples of customer segments: individuals, schools, families, and corporations.

As you can imagine, the customer segment(s) you choose will have a great impact on the type of agricultural business you operate. Clearly, schools would respond to different marketing promotions than corporations, for example.

Try to break out your target market into segments in terms of their demographic and psychographic profiles. With regards to demographics, including a discussion of the ages, genders, locations, and income levels of the potential customers you seek to serve.

Psychographic profiles explain the wants and needs of your target audience. The more you can recognize and define these needs, the better you will do in attracting and retaining your customers.

Finish Your Agriculture Business Plan in 1 Day!

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With Growthink’s Ultimate Business Plan Template , you can finish your plan in just 8 hours or less!

Your competitive analysis should identify the indirect and direct competitors your business faces and then focus on the latter.

Direct competitors are other farms and agricultural producers.

Indirect competitors are other options that customers have to purchase from that aren’t directly competing with your product or service. This includes other types of farmers, wholesalers, and distributors.

For each such competitor, provide an overview of their business and document their strengths and weaknesses. Unless you once worked at your competitors’ businesses, it will be impossible to know everything about them. But you should be able to find out key things about them such as:

  • What types of customers do they serve?
  • What type of agricultural business are they?
  • What is their pricing (premium, low, etc.)?
  • What are they good at?
  • What are their weaknesses?

With regards to the last two questions, think about your answers from the customers’ perspective. And don’t be afraid to ask your competitors’ customers what they like most and least about them.

The final part of your competitive analysis section is to document your areas of competitive advantage. For example:

  • Will you make it easier for your customers to engage with you?
  • Will you offer products or services that your competition doesn’t?
  • Will you provide better customer service?
  • Will you offer better pricing?

Think about ways you will outperform your competition and document them in this section of your plan.

Traditionally, a marketing plan includes the four P’s: Product, Price, Place, and Promotion. For an agriculture business, your marketing strategy should include the following:

Product : In the product section, you should reiterate the type of agricultural company that you documented in your company overview. Then, detail the specific products or services you will be offering. For example, will you produce fruit, soy, or vegetable products?

Price : Document the prices you will offer and how they compare to your competitors. Essentially in the product and price sub-sections of your plan, you are presenting the products and/or services you offer and their prices.

Place : Place refers to the site of your agricultural company. Document where your company is situated and mention how the site will impact your success. For example, is your agricultural business located on a small or large farm near your customer base? And, will you operate one or multiple locations? Discuss how your site might be the ideal location for your customers.

Promotions : The final part is where you will document how you will drive potential customers to your location(s). The following are some promotional methods you might consider:

  • Advertise in local papers, radio stations and/or magazines
  • Reach out to websites
  • Distribute flyers
  • Attend farmers markets
  • Engage in email marketing
  • Advertise on social media platforms
  • Improve the SEO (search engine optimization) on your website for targeted keywords

While the earlier sections of your business plan explained your goals, your operations plan describes how you will meet them. Your operations plan should have two distinct sections as follows.

Everyday short-term processes include all of the tasks involved in running your farm business, including scheduling employees, tracking inventory, accepting orders and payments, and meeting with customers.

Long-term goals are the milestones you hope to achieve. These could include the dates when you expect to reach your Xth harvest, or when you hope to generate $X in revenue. It could also be when you expect to expand your farm business to a new region.

To demonstrate your potential to succeed, a strong management team is essential. Highlight your key players’ backgrounds, emphasizing those skills and experiences that prove their ability to grow a company.

Ideally, you and/or your team members have direct experience in managing agricultural businesses. If so, highlight this experience and expertise. But also highlight any experience that you think will help your business succeed.

If your team is lacking, consider assembling an advisory board. An advisory board would include 2 to 8 individuals who would act as mentors to your business. They would help answer questions and provide strategic guidance. If needed, look for advisory board members with experience in managing an agriculture business, or owning their own farm.

Your financial plan should include your 5-year financial statement broken out both monthly or quarterly for the first year and then annually. Your financial statements include your income statement, balance sheet, and cash flow statements.

Income Statement

An income statement is more commonly called a Profit and Loss statement or P&L. It shows your revenue and then subtracts your costs to show whether you turned a profit or not.

In developing your income statement, you need to devise assumptions. For example, how many pounds of each crop do you plan to yield each season? And what is your sales strategy to grow by 2% or 10% per year? As you can imagine, your choice of assumptions will greatly impact the financial forecasts for your business. As much as possible, conduct research to try to root your assumptions in reality.

Balance Sheets

Balance sheets show your assets and liabilities. While balance sheets can include much information, try to simplify them to the key items you need to know about. For instance, if you spend $50,000 on building out your farm business, this will not give you immediate profits. Rather it is an asset that will hopefully help you generate profits for years to come. Likewise, if a lender writes you a check for $50,000, you don’t need to pay it back immediately. Rather, that is a liability you will pay back over time.

Cash Flow Statement

Your cash flow statement will help determine how much money you need to start or grow your business, and ensure you never run out of money. What most entrepreneurs and business owners don’t realize is that you can turn a profit but run out of money and go bankrupt.

When creating your Income Statement and Balance Sheets be sure to include several of the key costs needed in starting or growing a farm business:

  • Cost of farm equipment and supplies
  • Operating expenses
  • Payroll or salaries paid to staff
  • Business insurance
  • Other start-up costs (if you’re a new business) like legal expenses, permits, computer software, and equipment

Attach your full financial projections in the appendix of your plan along with any supporting documents that make your plan more compelling. For example, you might include your farm’s location lease or a list of agricultural equipment and machinery used on your farm.  

Free Business Plan Template for a Farm or Agriculture Business

You can download our farm business plan PDF template here.  

Agriculture Business Plan Summary

Putting together a business plan for your agriculture business will improve your company’s chances of success. The process of developing your plan will help you better understand your target market, your competition, and your customers. You will also gain a marketing plan to better attract and serve customers, an operations plan to focus your efforts, and financial projections that give you goals to strive for and keep your company focused.

Growthink’s Ultimate Business Plan Template allows you to quickly and easily write your business plan.  

Additional Resources for Starting an Agriculture Business

  • How To Start a Farm
  • Sample Farm Business Plan
  • Starting a New Agricultural Business
  • Small and Mid-Sized Farmer Resources
  • Starting a Sustainable Agriculture Business
  • Beginning Farmers and Ranchers Loans
  • Business Resources for Those Starting to Farm or for an Existing Farm

With Growthink’s Ultimate Business Plan Template you can finish your plan in just 8 hours or less!

OR, Let Us Develop Your Plan For You

Since 1999, Growthink has developed business plans for thousands of companies who have gone on to achieve tremendous success.

Click here to see how Growthink’s business plan professional services can help you create a winning business.  

Other Helpful Business Plan Articles & Templates

Business Plan Template For Small Businesses & Entrepreneurs

Best Management Practices for Corn Production

corn field with sunrise in the background

iGrow Corn is your unbiased, research-based guide to corn production, providing the latest recommendations to help increase yield, reduce input costs and protect your investment. This fifty four chapter resource is an essential tool for producers in the Heartland to continue growing the future of the corn industry.

Support for this resource was provided by South Dakota State University, SDSU Extension and the South Dakota Corn Utilization Council.

Special thanks to the editors of this book: David Clay, Gregg Carlson, Sharon Clay and Emmanuel Byamukama.

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Ensiling involves many different components to ensure a successful harvest and high-quality, safe feedstuff. Learn some expert tips to consider when chopping and storing corn silage to maximize the value and quality of your harvest.

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Perennial Weed Management in the Fall

Most herbicide applications to manage perennial weeds have already occurred. However, now is the time to consider fall applications for weeds that were not treated or escaped the spring application.

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South Dakota Tar Spot Update: September 2024

Tar spot is a potentially yield-impacting disease of corn, and it was recently found in plant samples from Minnehaha and Turner counties. Learn some expert tips for scouting and managing it this season.

How To Start Commercial Corn Farming Business

Corn or maize is a commercial grain crop globally. Corn farming is a lucrative money-making opportunity for people interested in the farming business. The six major types of corn are dent corn, flint corn, pod corn, popcorn, flour corn, and sweet corn. Find here a detailed corn farming business plan sample checklist for your ready reference.

The United States is the largest maize producer and also has a large surplus, which also makes it the largest maize exporter. Brazil, Ukraine, and Argentina are the other key maize-producing countries behind the USA. The four countries together account for 80-85% of the total exports of maize.

Is Corn Farming Profitable?

First of all, it is an important staple food for human beings and quality feed for animals. Additionally, corn or maize serves as basic raw material and an ingredient in thousands of industrial products. The list includes starch, oil, protein, alcoholic beverages, food sweeteners, pharmaceutical, cosmetic, film, textile, gum, package, and paper industries, etc.

Health Benefits of Corn or Maize

Things to consider in corn farming, best varieties for corn farming.

Some of the popular Indian varieties are Himalayan 123, Sona, Kisan, Ganga-1, Ganga-101, Ranjit, Ganga-5, Ganga-Safed-2, etc. Additionally, some of the high-yielding varieties are Vijay, Kisan, NLD White, and Naveen.

Agroclimatic Condition for Corn Farming

Suitable soil for corn farming.

You can grow corn successfully in a variety of soils ranging from loamy sand to clay loam. However, soils with good organic matter content having high water holding capacity with neutral pH are good for higher productivity.

Commercial Corn Farming Cultivation Steps

1. seed & sowing.

You must select seeds that are insect, pest, and disease-free. In addition, you must procure seeds that are free from weed seeds. Purchase the seeds from reliable sources. Seeds must ensure high germination percentage.

2. Manuring

The rate of nutrient application depends mainly on soil nutrient status/balance and cropping system. For obtaining desirable yields, the doses of applied nutrients should be matched with the soil supplying capacity and plant demand by keeping in view the preceding crop (cropping system). Therefore, you must go for a site-specific nutrient management approach.

3. Irrigation

4. weed control, 5. corn plant protection.

Leaf blight is the potential disease of corn. And you must be careful about that. Additionally, some of the potential harmful pests are stem borers, red hairy caterpillars, Aphids, grasshoppers, and termites. Arrange the specific plant protection resources for your corn farm.

6. Harvesting of Corn Produce

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  • Description
  • Executive Summary
  • Products & Services
  • Market Analysis
  • Marketing Plan
  • Management Plan
  • Financial Plan

Unlock the potential of sustainable agriculture with our comprehensive business plan template, designed to guide you through six essential chapters that detail your innovative farming operation. In a world increasingly driven by eco-conscious choices, having a well-structured business plan is crucial for attracting investors and establishing your market presence. Our template highlights the lucrative prospects of the niche, projecting profitability and steady returns for business owners committed to sustainable practices. With an initial funding requirement of $1.5 million, your journey toward becoming a leader in eco-friendly corn production can begin with confidence. Build your business strategy today with our template and pave the way for a successful future in responsible agriculture, while making a meaningful impact on both local communities and the environment.

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I. Executive Summary

Company description.

Golden Acres Corn Cultivation is a sustainable and eco-friendly corn farming operation based in Ames, Iowa. Leveraging innovative farming techniques and a strong commitment to environmental stewardship, the company aims to become a recognized leader in the production of high-quality organic and conventional corn. Golden Acres' primary focus is on cultivating and supplying a diverse range of corn products to meet the growing demand from local grocery stores, health food retailers, and strategic partners in the bioplastic and biofuel industries.

Driven by its mission to contribute to the local economy and create job opportunities, Golden Acres is poised to establish a loyal customer base through direct-to-consumer sales channels, as well as secure long-term contracts with key industry players. By continuously investing in the latest farming technologies and sustainable practices, the company is committed to delivering exceptional products while minimizing its environmental impact, setting it apart from traditional corn producers.

The agricultural industry faces a persistent challenge in meeting the growing demand for sustainably grown , high-quality corn products. Consumers are increasingly conscious of the environmental impact of their food choices and seek organic , non-GMO , and locally sourced options. Similarly, industries such as bioplastics and biofuels require eco-friendly raw materials to support their sustainability initiatives. However, the current corn production landscape is dominated by unsustainable practices that deplete soil health, contribute to water pollution, and reduce biodiversity, leading to long-term environmental degradation. By addressing these critical gaps in the market, Golden Acres Corn Cultivation aims to establish itself as a leader in eco-friendly and responsible corn production , offering a solution that benefits both consumers and industries in need of sustainable agricultural products.

Golden Acres Corn Cultivation offers a comprehensive and sustainable solution to address the growing demand for high-quality, eco-friendly corn. Our farm specializes in the cultivation of both organic and conventional corn , leveraging state-of-the-art farming technologies and natural practices to optimize yield and minimize environmental impact. At the core of our solution is a commitment to sustainable agriculture , which includes advanced crop management techniques, eco-friendly practices, product diversity, and a strong commitment to the local community .

Mission Statement

Golden Acres is committed to cultivating high-quality, sustainable corn that nourishes our community and planet. Through innovative farming practices and a deep respect for the environment, we strive to be a leader in eco-friendly agriculture, contributing to the local economy and creating meaningful jobs. Our mission is to provide our customers with the finest organic and conventional corn products , while upholding the highest standards of social and environmental responsibility.

Key Success Factors

The key success factors that will drive the growth and sustainability of Golden Acres Corn Cultivation include:

  • Commitment to eco-friendly and responsible agricultural practices to meet the growing demand for sustainable and environmentally-conscious food production.
  • Innovative farming technologies and techniques that enhance productivity, reduce environmental impact, and ensure high-quality corn yields.
  • Diverse range of corn products to cater to the varying needs of local grocery stores, health food retailers, and bioplastic/biofuel companies.
  • Strong brand recognition and customer loyalty through active community engagement and a focus on direct-to-consumer sales channels.
  • Experienced and dedicated management team with expertise in sustainable agriculture and a commitment to environmental stewardship.

Financial Summary

Golden Acres Corn Cultivation is poised to achieve strong financial performance, with a focus on sustainable growth and profitability. The following table outlines the projected financial metrics for the next three years:

Ratio 2024 2025 2026
Projected Revenue $2.5 million $3.2 million $4.1 million
Projected Profitability 15% 18% 20%
Expected ROI 12% 15% 18%

To achieve these financial goals, Golden Acres Corn Cultivation requires $1.5 million in initial funding, which will be used to acquire land, invest in sustainable farming equipment, and build a strong operational infrastructure. The company anticipates a return on investment (ROI) of up to 18% by 2026 , making it an attractive opportunity for potential investors.

The financial outlook for Golden Acres Corn Cultivation is promising, with a clear path to profitability and long-term sustainability.

Funding Requirements

To launch and scale Golden Acres Corn Cultivation, we require a total funding of $1,500,000 to cover essential business operations and drive strategic growth initiatives.

Categories Amount, USD
Land Acquisition and Site Preparation $500,000
Farm Equipment and Technology $350,000
Organic and Conventional Seed Inventory $75,000
Initial Operational Expenses (1 year) $250,000
Marketing and Branding $100,000
Staffing and Training $150,000
Contingency Fund $75,000

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Farming 101: How to plant corn

Whether it’s your first turn at planting corn or you are an experienced producer who could use a brush-up on the basics, here are a few tips to consider.

What to plant

Row spacing and seeding rate, when to plant, using the right equipment, planting day, stand assessments.

The first step in successful corn planting is understanding the land. Soil type matters, as does slope and drainage of the field.

Flatlands are more suited to strip tillage that will aid in soil warming and drying, compared to sloped fields that are more suited to a no-till approach, according to Mark Licht, Iowa State University Extension and Outreach cropping systems specialist. Corn can be planted directly into no tilled residue if the field is well drained with at least a 5% slope. Flat areas with prairie potholes that can pond excessively in heavy rains simply may not be suitable for corn production.

The next step is choosing the right seed . There are many varieties on the market, all developed with different goals in mind. If planting early, a full maturity variety will allow for early season vigor and quick fall dry down. If planting is late, an earlier maturity variety is desired to wrap up the growing season before fall.

You may want a trait package that includes herbicide or insecticide or choose a more conventional variety and make applications as the season dictates.

Picking a seed company is part of the decision. Some companies give a discount for quantity if you buy all your seed in a given year from them. Others may give a loyalty discount if you buy from them year after year. One of the advantages of consistently buying from the same company is familiarity with the product line-up. That may help navigate the overwhelming number of options, especially for the new producer.

Debate about the advantages of a 20-inch or 30-inch row is ongoing and depends in part on the hybrid genetics of your seed. Your seed salesmen can be of assistance in advising you as to row spacing and expected seed rate response.

Licht says 33,000-38,000 seeds per acre is an ideal range for much of the Midwest. A higher rate may maximize yield, but a lower rate may be more economical when factoring in the cost of seed. Watch the season-long weather report. Plant lighter in a dry season so there is less competition for moisture. In a wetter year, you can bump up your rate.

Some old farmers may tell you it's time to plant corn when the oak leaves are the size of squirrel's ears. Others are married to a particular date no matter what or just want to beat their neighbor to the field. But Licht says there are more reliable ways to determine the right time for planting.

Soil temperatures need to be at least 50°F. with a 5- to 14-day warming trend ahead. Field moisture needs to be adequate to germinate the seed, but not so wet it hampers plant emergence or vigor or causes equipment to create unnecessary compaction.

Federal crop insurance dictates when you can start planting in your state and qualify for the program. In Iowa, it is April 11.

Licht says many producers get into more trouble on the second field they plant. “They wait and follow directions on the first field, then the spring rains come, and they see a two-day window, so they hit the second field too soon. When you think you're ready, wait another one-half day. You'll be better off.”

Today's 24-plus-row planters finish the job much faster than some expect, so don't panic over the passing rainy days. Licht says you will start to see yield declines if you're not done by May 11, though those declines are not significant until around May 20.

The large planter is ideal for large fields with no fencerows, but it is not for everyone or every farm. Be sure to choose the right size planter for the size of your operation and your landscape. Licht says a standard planter from your dealer will generally suffice, at least to start. Various attachments, like row cleaners, starter fertilizer, and insecticide delivery systems can be added later.

“Make sure your planter can move residue out of the row, and the depth gauge wheels work properly,” he says. Just the right amount of down pressure is needed to plant effectively without causing compaction, and that varies according to soil type and organic matter.

Soil fertility will determine whether or not to apply a starter fertilizer when planting, so it is important to know your soil test levels.

Set up your planter with your desired seeding rate and make sure it is set for the right seed depth. Licht recommends 2 inches. “If it's dry, that's deep enough to get moisture. If it's wet, it can get out of the ground rapidly.”

As you are planting, make sure you get the furrow closed and you are not creating sidewall compaction. Licht recommends getting out of the tractor every four to six hours to evaluate how the planter is performing. Settings that worked one day, or in the early morning, may not be as effective after temps and breezes have warmed and dried the soil.

Once the field is planted and the corn is growing, be sure to check the emerging corn and count the plant population. Are there doubles? Is the seed spacing what it should be? Are there skips? Why?

Understanding what you have will help you manage potential problems through the growing season. Weak root systems from compaction can lead to lodging in heavy winds, and a sparse stand is open to weed competition. So, walk your field, evaluate your work, plan how to manage your crop, and make adjustments for next year.

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Hazelnut trees and tall grasses grow in the chicken paddocks at the Organic Compound, a farm in Faribault, Minnesota. Wil Crombie / Organic Compound

How Agroforestry Could Help Revitalize America’s Corn Belt

By practicing agroforestry — growing trees alongside crops and livestock, for example — farmers can improve soils, produce nutrient-rich foods, and build resilience to climate change. Now, a movement is emerging to bring this approach to the depleted lands of the Corn Belt.

By Tom Philpott • September 10, 2024

Drive through rural Minnesota in high summer and you’ll take in a view that dominates nearly the entire U.S. Midwest: an emerald sea of ripening corn and soybeans. But on a small operation called Salvatierra, 40 minutes south of Minneapolis, Reginaldo Haslett-Marroquin is trying something different. When he bought the land in 2020, this 18-acre patch had been devoted for decades to the region’s most prevalent crops. The soil was so depleted, Haslett-Marroquin says, he thought of it as a “corn and soybean desert.” Soon after, he applied 13 tons of compost, sowed a mix of prairie grasses and rye, and planted 8,200 hazelnut saplings.

While he won’t reap a nut harvest until 2025, the farmer and Guatemalan immigrant doesn’t have to wait to make money from the land. He also runs flocks of chickens in narrow grassy paddocks between the rows of the fledging trees, where they hunt for insects and also munch on feed made from organic corn and soybeans, which they transform into manure that fertilizes the trees and forage.

Salvatierra is the latest addition to Tree-Range Farms, a cooperative network of 19 poultry farms cofounded in 2022 by Haslett-Marroquin. Chickens evolved from birds known as junglefowl in the forests of South Asia, he notes, and the co-op’s goal is to conjure that jungle-like habitat. Chickens crave shade and fear open spaces; trees shelter them from weather and hide them from predators. In 2021, Haslett-Marroquin’s nonprofit, Regenerative Agriculture Alliance, purchased a poultry slaughterhouse just south of the Minnesota border in Stacyville, Iowa, where farms in the Tree-Range network process their birds. You can find the meat in natural-food stores from the Twin Cities area to northern Iowa.

The USDA has launched a $60-million effort to expand agroforestry production and markets in the central and eastern U.S.

By combining food-bearing trees and shrubs with poultry production, Haslett-Marroquin and his peers are practicing what is known as agroforestry — an ancient practice that intertwines annual and perennial agriculture. Other forms include alley cropping, in which annual crops including grains, legumes, and vegetables grow between rows of food-bearing trees, and silvopasture, which features cattle munching grass between the rows.

Agroforestry was largely abandoned in the United States after the nation’s westward expansion in the 19 th century. In the 2022 Agricultural Census, just 1.7 percent of U.S. farmers reported integrating trees into crop and livestock operations. But it’s widely practiced across the globe, particularly in Southeast Asia and Central and South America. According to the U.N. Food and Agriculture Organization, 43 percent of all agricultural land globally includes agroforestry features.

Bringing trees to the region now known as the Corn Belt, known for its industrial-scale agriculture and largely devoid of perennial crops, might seem like the height of folly. On closer inspection, however, agroforestry systems like Haslett-Marroquin’s might be a crucial strategy for both preserving and revitalizing one of the globe’s most important farming regions. And while the corn-soybean duopoly that holds sway in the U.S. heartland produces mainly feed for livestock and ethanol, agroforestry can deliver a broader variety of nutrient-dense foods, like nuts and fruit, even as it diversifies farmer income away from the volatile global livestock-feed market. In recognition of this potential, the U.S. Department of Agriculture (USDA), in late 2022, launched a $60 million grant program to help farmers adopt such practices.

Reginaldo Haslett-Marroquin at his first farm, Finca Marisol, in Northfield, Minnesota. Leia Marasovich / Farmer’s Footprint

For decades, Midwestern farmers have devoted tens of millions of acres to just two crops, leaving the ground largely unprotected from wind and rain between harvest and planting. As a result, the loamy trove of topsoil that settlers found there has been pillaged. Using satellite imagery, a team of University of Massachusetts researchers has calculated that a third of the land in the present-day Corn Belt has completely lost its layer of carbon-rich soil. And what’s left is washing away at least 25 times faster than it naturally replenishes. As prime topsoil vanishes, farmers become more dependent on fertilizers derived from fossil fuel.

Not surprisingly, given those applications, the Corn Belt is also in the midst of a burgeoning water-pollution crisis, as agrichemicals and manure from crowded livestock confinements leach away from farm fields and into streams and aquifers. In other words, our breadbasket is a basket case. As University of Washington geomorphologist David Montgomery noted in his magisterial 2007 book Dirt: The Erosion of Civilizations , “With just a couple feet of soil standing between prosperity and desolation, civilizations that plow through their soil vanish.”

Trees actually have a much longer and more robust history in the Midwestern landscape than do annual crops.

Breaking up the corn and soybean rotation with trees — and freeing some farm animals from vast indoor facilities to roam between rows, where their manure can be taken up by crops — could go a long way to addressing these crises, experts say. Trees actually have a much longer and more robust history in the Midwestern landscape than do annual crops. Think of the Midwestern countryside before U.S. settlers arrived, and you might picture lush grasses and flowers swaying in the wind. That vision is largely accurate, but it’s incomplete. Amid the tall-grass prairies and wetlands, oak trees once dotted landscapes from the shores of Lake Michigan through swathes of present-day Indiana, Illinois, Iowa, and Missouri, clear down to the Mexican border. These trees didn’t clump together in dense forests with closed canopies but rather in what ecologists call savannas — patches of grassland interspersed with oaks. Within these oak savannas, which were interlaced with prairies, tree crowns covered between 10 percent and 30 percent of the ground. They were essentially a transition between the tight deciduous forests of the East and the fully open grasslands further west.

And in the region where Haslett-Marroquin farms — part of the so-called Driftless Area, which was never glaciated — trees proliferated even more intensely. In pre-settlement times, according to a 2014 analysis coauthored by Iowa State University ecologist Lisa Schulte Moore, closed-canopy forests of oaks, sugar maples, and other species covered 15.3 percent of the area, and woodlands (low-density forests) took up another 8.6 percent. Prairies — the ecosystem we readily imagine — composed just 6.9 percent. Oak savannas made up the rest.

Corn grows between rows of walnut trees at the Missouri Agricultural Experiment Station. Shibu Jose / University of Missouri

In the Driftless and in the rest of the Midwest, Native Americans played an active role in managing savannas, prairies, and forests, where they harvested nutrient-dense acorns for food and other uses. Everything began to change in the mid-19 th century, when settlers evicted or killed most of the original inhabitants, drained wetlands, razed trees for lumber, and ripped into the land with plows. In place of staggering biodiversity, an agricultural empire of row crops arose, tended with the tools of modern engineering and industry: genetically modified seeds, insect- and weed-killing chemicals, synthetic and mined fertilizers, and massive tractors and combines. Oak savannas, meanwhile, have been vanishing from the landscape. Today, they occupy a mere 0.02 percent of their historic Midwestern range.

For most of the past century, any push to return trees to the Corn Belt centered on ecosystem services, not food production. Planting trees along streams and rivers — creating what’s known as riparian buffers — helps filter agrichemical runoff and improve water quality. Then there are “wind breaks,” stands of trees strategically placed to shelter crops from wind.

But these practices remain rare, in part because they are marginalized by federal farm policies that reward maximizing the production of corn and soybeans, with subsidized crop insurance and price supports, and disincentivize planting alternative crops.

Trees could play a much bigger role and, once established, could more than pay their way by delivering cash crops. A 2018 paper by University of Illinois researchers found that black walnut trees placed in rows between fields of corn and soybeans (alley cropping) would deliver more profits to landowners than field-crop-only farming on nearly a quarter of the Corn Belt’s land.

An acre of land under agroforestry can sequester five tons of carbon annually, versus one ton for an acre of corn or soybeans.

Haslett-Marroquin and his fellow poultry farmers aren’t the only ones hoping to reimagine agriculture in the Corn Belt by reinstating the role of trees. The Savanna Institute, founded in 2013 by a group of farmers and academic researchers at a gathering in Illinois, promotes agroforestry in the region. Its funders include the U.S. Department of Agriculture and other government agencies, environmental foundations, and business interests including Patagonia and the family behind Clif Bar. In addition to operating demonstration farms in Illinois, Indiana, and Michigan, run in partnership with landowners, the Institute trains and places apprentices on farms that mix trees with crops or livestock. At the 250-acre Hawkeye Buffalo & Cattle Ranch in northeast Iowa, for example, the McFarland family sells grass-fed beef and bison meat from animals raised on restored oak savanna. The other “apprenticeship” farms are smaller operations.

Fred Iutzi, the institute’s director of agroforestry innovation, says an arboreal revival throughout the region would make it more resilient to climate change. Tree canopies buffer soil from the impact of heavy rain, and their roots plunge deep beneath the soil surface and fan out laterally, further holding soil in place. They suck up nutrients all year long, keeping excess fertilizer and manure from leaching away and polluting water. Trees shield crops and soil from the wind. And they both build carbon in the soil as their leaves drop and decompose and store it in their roots, trunks, and branches. Altogether, Iutzi says, an acre of land under agroforestry can sequester five tons of carbon annually, versus about one ton for an acre of corn or soybeans under optimal conditions, which include reducing tillage and planting off-season cover crops.

Cattle graze among trees in Marshall, Texas. USDA-NRCS

While practices like alley cropping and silvopasture are eligible for support from USDA conservation programs, they haven’t been widely adopted. A recent study co-authored by Trent Ford, the Illinois state climatologist, found that between 2017 and 2023, the USDA’s Environmental Quality Incentives Program doled out just $900,000 to support agroforestry practices in the Corn Belt, a sliver of its overall budget.

But more money is on the way. In 2022, as part of its $3.1 billion Partnership for Climate Smart Commodities program, the USDA announced a $60-million five-year effort to expand agroforestry production and markets in the central and eastern regions of the United States, plus Hawaii. Managed by The Nature Conversancy in partnership with the Savanna Institute and other groups, the project’s goal is 30,000 new acres of agroforestry by 2026, says TNC’s Audrey Epp Schmidt, who leads the project. So far, 35 projects have been selected for funding, eight in the Corn Belt.

For now, an agroforestry renaissance remains at a nascent phase, Epp Schmidt says, “but there’s a ton of momentum, there’s a historic amount of resources and opportunities for folks to get into it.” What the movement needs, she says, is a farmer-to-farmer network: “That’s really when this is going to take off — when farmers see the success of their neighbor’s [agroforestry] operations.”

It’s impossible to say what type of event would force farmers to drastically change course in the Corn Belt.

Even so, the Corn Belt will be a tough nut to crack, says Silvia Secchi, a natural resource economist at the University of Iowa. Such expenditures, while important, will struggle to overcome the formidable inertia of corn and soybeans. The proximate reason is the subsidies that keep the region’s farmers afloat even as their soil washes away. But ultimately, she says, farmers in the region “strive to be as simple as possible and as mechanized as possible” — a mindset that favors focusing on two cash crops instead of a more complex, labor-intensive approach, like agroforestry.

Yet Iutzi remains hopeful. In the 1920s, he says, the idea of a federal farm policy centered on soil conservation seemed beyond the realm of possibility. Then came the Dust Bowl, a severe soil-erosion crisis that triggered New Deal legislation that, for a time, tempered overproduction of farm commodities and held soil in place.

It’s impossible to say precisely what type of event would force policymakers and farmers to drastically change course in the Corn Belt. But as the region’s vast corn and soybean operations continue hemorrhaging soil and fouling water and climate change proceeds apace, they may find themselves looking for new directions sooner than later. Iutzi thinks projects like Tree Range Farms could show the way forward. “History is just absolutely peppered with this pattern of big disruptions of one kind or another being the catalyst for big change,” he says. “And it’s ideas that are really well honed, when the time comes, that really surge.”

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COMMENTS

  1. How to Create a Business Plan for Corn Farming

    Embarking on a corn farming venture requires meticulous planning and preparation. Before drafting your business plan, ensure you've meticulously assessed your farming expertise, analyzed the local market, and secured essential resources.This comprehensive 9-step checklist will guide you through the critical pre-planning phase, setting the stage for a successful corn farming enterprise.

  2. Maize Farming Business Plan [Sample Template]

    A Sample Maize Farming Business Plan Template. 1. Industry Overview. Businesses in the maize (corn) farming industry primarily grow corn (except sweet corn) and produce corn seeds. Corn commonly refers to the grains or kernels of the tall annual cereal grass Zea mays, and it is a staple cereal in many parts of the world.

  3. How to Create a Business Plan for Corn Farming

    Step 1: Identify target market and demand. The first step in creating a business plan is to identify your target market and understand the demand for corn in various sectors. Conduct thorough market research to determine who your potential buyers are and their specific needs. Step 2: Conduct market research.

  4. Starting Maize Farming Business Plan (PDF)

    Starting Maize Farming Business Plan (PDF) Maize, also known as corn, is one of the most notable grain or cereal crops in the world. After all, maize is a core part in the production of important products. Examples of such products are food products, ethanol, and livestock feeds, amongst others. The widespread cultivation of maize is due to ...

  5. How to write a business plan for a maize farm?

    3. The products and services section. The products and services section of your business plan should include a detailed description of the offerings that your company provides to its customers. For example, your maize farm could offer fresh, locally-grown maize to customers looking for high-quality produce.

  6. How to Write a Business Plan for Corn Production

    Welcome to our blog post on how to write a business plan for corn production using the contract farming model. With corn production being a key industry in the United States, it's important for aspiring corn growers to have a solid plan in place to ensure success. According to the latest statistics, the corn production industry in the U.S. has been experiencing steady growth, with a total of ...

  7. Free Agriculture Sample Business Plan PDF + How to Write

    You'll probably want to include each of these sections: 1. Executive summary. An overview of your agriculture business, with a brief description of your products or services, your legal structure, and a snapshot of your future plans. While it's the first part of the plan, it's often easier to write your executive summary last. Brought to ...

  8. Farm Business Plan Template & Sample

    Sample Business Plan For Farms & Agricultural Businesses. Executive Summary - The Executive Summary is the most important part of your business plan. It is a brief description of your farm, its products and services, potential market opportunity, and competitive advantage. Company Overview - Also called the Company Analysis, here, you will ...

  9. How to write a business plan for a grain farm?

    Let's go through the content of each section in more detail! 1. The executive summary. The first section of your grain farm's business plan is the executive summary which provides, as its name suggests, an enticing summary of your plan which should hook the reader and make them want to know more about your business.

  10. 12: Business Plans

    Cornell Small Farms Program Online Course BF 202: Business Planning. The Cornell Small Farms Program offers 20+ online courses every year on many topics related to the production and business sides of farming. Most are taught by Cornell Cooperative Extension educators. BF 202 is a 6-week course that will guide you through the process of writing ...

  11. How to Write a Small Farm Business Plan

    Don't let that put you off. Your plan can be as simple as it needs to be for right now. Begin with your mission statement and goals. Do your homework by analyzing markets and researching ...

  12. Maize Farming: Business Plan And Guide For Beginners

    Step 4: Select A Good Location. First of all, select a good location for maize farming. Maize plants grow well in fertile soil with pH ranging from 5.5 to 7.5. They can be grown on wide range of soil types including loamy, sandy loamy or clay loam soil (heavy clay soil is not good for maize farming).

  13. Farm Business Planning

    Farm Business Planning. Farm Business Planning is key to beginning farmer success. It helps beginning farmers: Plan for the economic sustainability of a new farm enterprise. Obtain funding to purchase land, equipment and other resources from lending institutions, investors and/or grant making agencies. Articulate what their farm will look like.

  14. Corn Farming: What, Why, When, Where, Who, How

    Our Business Plan for Corn Farming offers a comprehensive guide to maximize profitability and market presence. With advanced seed technology, efficient farming practices, and strategic marketing strategies, our plan will help you capitalize on the increasing demand for high-quality corn crops. Get your Corn Farming Business Plan in Word here.

  15. Tips For Starting a Corn Farm Business

    A business plan covers all the key areas of your business, so it's a great way to map out exactly what you want to accomplish with this venture. ... For anyone who's looking for a way to make money in today's world, starting a corn farm business might be a perfect idea. Corn is one of the most popular crops around, and it can serve as an ...

  16. Agriculture Business Plan Template [Updated 2024]

    Agriculture Business Plan. Over the past 20+ years, we have helped over 500 entrepreneurs and farm owners create business plans to start and grow their agricultural companies. If you're unfamiliar with creating an agriculture or farm business plan, you may think creating one will be a time-consuming and frustrating process.

  17. Best Management Practices for Corn Production

    SDSU Extension. iGrow Corn is your unbiased, research-based guide to corn production, providing the latest recommendations to help increase yield, reduce input costs and protect your investment. This fifty four chapter resource is an essential tool for producers in the Heartland to continue growing the future of the corn industry.

  18. PDF Business Planning Workbook

    Purpose of Workbook. This workbook is designed to provide an outline for developing a business plan for your agricultural business. Each section contains an explanation, example and space for you to begin developing a business plan. There are numerous resources pertaining to the development of business plans available; it is the hope of the ...

  19. How To Start Commercial Corn Farming Business

    Basically, it highly depends on the specific region and the reason for growth. Here we have compiled a list of popular corn varieties. Butter and Sugar. 73 days. Bicolor white and yellow kernels, good flavor; 7 to 8-inch ears. Resists bacterial wilt and southern corn leaf blight. Golden Cross Bantam. 85 days.

  20. Create a revenue-based corn marketing plan

    Estimating total crop revenue. The 2020 Iowa trendline corn yield is about 198 bushels per acre. Multiply this times the average $3.20 per bushel. That's a crop revenue of $633.60 per acre. Add the $95-per-acre average government payments for a total crop revenue $728.60 per acre. If you subtract the average non-land cost and cash rent ...

  21. Create a Profitable Corn Farming Business Plan & Template

    Total: $352 $218. ADD TO CART. Golden Acres Corn Cultivation is a sustainable and eco-friendly corn farming operation based in Ames, Iowa. Leveraging innovative farming techniques and a strong commitment to environmental stewardship, the company aims to become a recognized leader in the production of high-quality organic and conventional corn.

  22. Corn Growing 101

    How to Plant Corn. When farmers are itching to get into the fields to plant, it's important to remember that soil temperatures should be at 50°F. for a strong start for corn seed germination. Corn planting time all depends on the seed variety being planted and, of course, weather conditions. Corn planting depth is another important factor to ...

  23. Farming 101: How to plant corn

    Planting day. Set up your planter with your desired seeding rate and make sure it is set for the right seed depth. Licht recommends 2 inches. "If it's dry, that's deep enough to get moisture. If it's wet, it can get out of the ground rapidly.".

  24. How Agroforestry Could Help Revitalize America's Corn Belt

    Even so, the Corn Belt will be a tough nut to crack, says Silvia Secchi, a natural resource economist at the University of Iowa. Such expenditures, while important, will struggle to overcome the formidable inertia of corn and soybeans. The proximate reason is the subsidies that keep the region's farmers afloat even as their soil washes away.