Pricing

Maryland enterprise budgets for 2024 are based on average yields and estimated input costs, which may vary from one farm to another. It is important to include actual farm data when completing enterprise budgets.

Ag Commodity Markets: Review and Outlook

Crop budgets vary greatly by operation! Prices and cost estimates are averages collected from retailers across the state. Input prices will vary by crop, management, region, varieties, and other criteria and may not be reflective of YOUR true costs.

The Trending Enterprises in Maryland Module contains resources for trending enterprises in Maryland.

All eyes have been on news headlines coming from the Black Sea for the last two to three weeks since the termination of the previous agreement between Russia and Ukraine. The escalation in the war between these two nations has seen drone strikes, missile engagements, and major destruction of Black Sea ports like Odessa in Ukraine. Traders have watched these headlines and acted accordingly in the market place as the price of corn and wheat retraced previous months losses.

Chapter 3: Marketing challenges and opportunities is part of the online publication "From Surviving to Thriving: Strategies for Urban Farm Success. There are many marketing opportunities for urban farmers. When agriculture can take place literally in the customer’s backyards, this high visibility in a populated area can attract a wide variety of customers. Urban producers still face the challenge of competing with farmers from peri-urban areas that have more land, can produce greater volumes of product, and have lower cost of production.

Are you a specialty food entrepreneur? If so, check out the Food Processing in Maryland module. This invaluable module provides information about how to sell and process food in Maryland. This module will include rules for specific foods and important regulatory information. Our interactive map of Maryland's regulatory environment provides you with location-specific contacts.

Labeling and packaging

The world will "beat a path to your door"... only if they know who you are, what you've got, and where to reach you. That's a large part of the "deliverables" in your marketing plan. But don't confuse a plan with the actual marketing activities. You need both to succeed.

Trying to guess at your marketing strategy and effectiveness is a guaranteed way to fail. People and market dynamics are just too complicated. Everything you do in your business will be a test. When you try something that produces good results, you’ll keep it. When you do something that doesn’t produce, you need to stop doing it. Sounds simple, but a surprising number of businesses keep repeating a marketing strategy because it's easier, or they don’t have another, or they’ve convinced themselves it’s a good approach with willful disinformation.