THE BUSINESS OF FARMING

Economic Factors of Production

tudents should be able to:

5.1 demonstrate

proper

procedures in

slaughtering,

dressing and

handling farm

animals;

Age five to six weeks.

Slaughtering procedures.

Disposal of waste.

Proper storage.

Proper sanitation practices.

Slaughter and dress

broilers (availability of

animals).

Conduct

strategies

broilers.

marketing

to

sell

Conduct an open day

in collaboration with

other departments.

CXC 07/G/SYLL 16 34

SECTION C: ANIMAL PRODUCTION (cont’d)

Animal products (cont’d)

Students should be able to:

5.2 determine the

dressing

percentage of

different farm

animals;

Economic age, weight and time to

slaughter animals, live weight versus

carcass weight.

Calculation of dressing

percentage of broilers.

5.3 list the principal

farm animal

products and byproducts including

those derived

from the offal;

and,

Egg production, milk processing and

preservation, honey production, wax,

bee bread and royal jelly.

Importance of fish as a source of

protein for human nutrition and

livestock feed.

Eggs – dried eggs, shell as fertiliser,

handicraft, calcium supplements for

bird.

Meat – cured meat (sausage, ham,

bologna).

Milk – cheese, yogurt.

Manure – biogas.

Identification of meat

cuts and carcass

quality.

Visit to milk

processing facility.

5.4 demonstrate the

practices involved

in rearing layer

birds and the

production of

eggs.

Farm Financing and Support Services

outline the

process of

obtaining capital

from established

sources;

Collateral, credit history, budget,

employment status, business

plan (project proposal).

Types of financial institutions that

provide credit and state their

functions.

Challenges in obtaining credit.

2.2 discuss the roles

and functions of

agricultural

cooperatives;

and,

Include principles of cooperatives,

types of cooperatives, benefits

and management problems.

2.3 discuss the

incentives that

are available to

farmers.

Farm Organisation and Planning

Students should be able to:

3.1 prepare different

types of farm

records;

Benefits of record-keeping.

Crop production records: labour,

financial, chemical treatment,

farm inventory, growth.

Livestock production records:

health, feeding, reproduction and

production.

Analysis of records for

decision making.

3.2 calculate gross

farm income and

net farm income,

gross margin and

net profit; and,

Income and expenditure: value

of outputs, fixed costs and

variable costs, importance of

gross margin, interpret gross

margin and net profit.

Use of farm records.

3.3 differentiate a

complete budget

from a partial

budget.

Prepare a complete budget

and a partial budget. Use

budget for decision making.

Create a simple business

plan.

Marketing of Agricultural Products

discuss the role

of marketing in

agricultural

production;

Identification of different market

segments for agricultural

products.

Use of market information in

production decisions.

Visit supermarkets, hotels,

and other buyers.

Administer questionnaires/

conduct interviews.

4.2 identify the steps

of marketing;

Pricing, advertising, labelling and

distribution, assembling, sorting

and grading, processing,

packaging, storage and

transportation.

Research samples of

marketing plans on the

internet.

Critique labelling samples.CXC 07/G/SYLL 16 39

SECTION D: THE BUSINESS OF FARMING (cont’d)

SPECIFIC OBJECTIVES CONTENT SUGGESTED PRACTICAL

ACTIVITIES

Marketing of agricultural products (cont’d)

Students should be able to:

4.3 explain the

process involved

in the marketing

of agricultural

products; and,

Processes involved in the

marketing of agricultural

produce (crops, eggs, meat).

4.4 explain the

importance

international

trade

agreements on

the agricultural

sector and

peoples of the

Caribbean.

Explanation of the importance of

trade and trade agreements to

market access.

Examples include:

(a) Caribbean Single Market

and Economy (CSME);

(b) World Trade Organisation

(WTO);

(c) Economic Partnership

Agreement (EPA); and,

(d) Caribbean Basin Initiative

(CBI).