What Does Sharefarmer Mean?
Sharefarming Is a System of Farming in Which Sharefarmers Make Use of Agricultural Assets They Do Not Own in Return for Some Percentage of the Profits...
Sharefarming is a system of farming in which sharefarmers make use of agricultural assets they do not own in return for some percentage of the profits. Sometimes the sharefarmer will receive a wage from the owner instead, although such a person is normally considered a tenant farmer or farm labourer.
Whats a share farmer?
Also referred to as profit sharing, share farming allows a farmer to operate a farm business without providing the upfront capital required to own farmland. Most commonly a farm owner (with land and fixed equipment) enters into a share farming agreement with another farmer (with labour and machinery).
How does share farming work?
In a share farming arrangement, a landowner will extend their land to another farmer. From there, they will “share” the expenses and profits — all while still operating as separate businesses. This could be a really great way to scale your farming activities, but it's important to make sure you're doing it right.