This paper aimed to analyze the performance of agricultural human resource development investment using agricultural education panel data. It reviewed previous studies related to Human resource development investment. It examined the performance of human resource development investment and tested the performance with the Structural Equation Modeling(SEM) using AMOS21.0. The major results of this paper are as follows: Investment in human resource development for farmers had a positive effect on the achievement of human resources such as improving job skills and job satisfaction of farmers. In particular, investments in human resource development for farmers had a more significant impact on human performance than income performance, and the same research results were obtained for regular companies. Also, human performance had a positive effect on agricultural performance and income performance, which was analyzed to have a more positive effect on agricultural performance than income performance.