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Agribusiness is the industry, enterprises, and the field of study [1] of value chains in agriculture [2] and in the bio-economy, [3] in which case it is also called bio-business [4] [5] or bio-enterprise. The primary goal of agribusiness is to maximize profit while satisfying the needs of consumers for products related to natural resources.
The US poultry industry is often used as an example of corporate farming due to the influence of large integrators like Tyson Foods and Perdue Farms. Corporate farming is the practice of large-scale agriculture on farms owned or greatly influenced by large companies.
Agriculture encompasses crop and livestock production, aquaculture, and forestry for food and non-food products. [1] Agriculture was a key factor in the rise of sedentary human civilization, whereby farming of domesticated species created food surpluses that enabled people to live in the cities. While humans started gathering grains at least ...
An agricultural value chain is the integrated range of goods and services (value chain) necessary for an agricultural product to move from the producer to the final consumer. The concept has been used since the beginning of the millennium, primarily by those working in agricultural development in developing countries , although there is no ...
Notable examples of agricultural cooperatives include Dairy Farmers Of America, the largest dairy company in the US, [2] Amul, the largest food product marketing organization in India [3] and Zen-Noah, a federation of agricultural cooperatives that handles 70% of the sales of chemical fertilizers in Japan. [4]
For example, given its reliance on natural processes, the agriculture sector is disproportionately exposed and vulnerable to adverse climate-related events, especially droughts, floods and storms. [ 1 ] [ 2 ] Over half of all shocks to crop production are the result of extreme weather events, reinforcing concern about the vulnerability of ...
One example is the SCOPE methodology, [21] an assessment tool that measures the management maturity and professionalism of producer organizations as to give financing organizations better insights in the risks involved in financing. Currently, agricultural finance is always considered risky and avoided by financial institutions.
One of the major efforts of disciplines such as agroecology is to promote management styles that blur the distinction between agroecosystems and "natural" ecosystems, both by decreasing the impact of agriculture (increasing the biological and trophic complexity of the agricultural system as well as decreasing the nutrient inputs/outflow) and by ...