This paper analyzes the current situation and existing problems of Shihezi agricultural development; elaborated the motivation and trends of institutional change of Shihezi Reclamation agriculture business model. Through AHP estimates the performance of the Shihezi Reclamation modern agriculture development. This paper confirmed that the Shihezi Reclamation modern agricultural development is ahead of the other Reclamation in XPCC. From the principles of taking into account the interests of the two business entities and the farmer own expense, the separation of charges to build the Shihezi Reclamation modern agriculture business model; from the level of science and technology, the agricultural product processing industry, the level of industrialization and commercialization extent, it put forward to achieve the modern agricultural operations mode.