Commodity corn production is an example of which farming type?

Commodity corn production is an example of high-volume, low-margin production because it typically involves growing large quantities of corn, which is a staple crop widely available in the market. This type of farming focuses on producing large amounts at lower costs per unit, with the intention of selling the corn at competitive prices prevalent in the commodity markets.

In this scenario, farmers often operate on thin margins due to the high level of competition and pricing pressures associated with commodity crops. They rely on consistent yields and efficient practices to maximize overall production volume, as small fluctuations in market prices can significantly impact profitability. This approach contrasts with other farming types that may focus on lower volume but target higher-value products, which can command premium prices due to their specialty nature or unique characteristics.