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Agriculture is the most important economic sector. It accounts for about 65% of the GDP and employs 65% of the workforce. [2] Livestock alone contributes about 40% to GDP and more than 50% of export earnings. [3] A camel trader in Hargeisa, Somalia
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.
Corn (maize) is of particular interest, accounting for about 91.8% of the grain fed to US livestock and poultry in 2010. [ 44 ] : table 1–75 About 14 percent of US corn-for-grain land is irrigated, accounting for about 17% of US corn-for-grain production and 13% of US irrigation water use, [ 45 ] [ 46 ] but only about 40% of US corn grain is ...
Grain is an important trade item because it is easily stored and transported with limited spoilage, unlike other agricultural products. Healthy grain supply and trade is important to many societies, providing a caloric base for most food systems as well as important role in animal feed for animal agriculture.
The two major economic developments of the colonial era were the establishment of plantations in the interriverine area and the creation of a salaried official class. In the south, the Italians laid the basis for profitable export-oriented agriculture, primarily in bananas, through the creation of plantations and irrigation systems.
In 2006, it was reported in a study [23] by Jon Gettman, a marijuana policy researcher, that in contrast to government figures for legal crops such as corn and wheat and using the study's projections for U.S. cannabis production at that time, cannabis was cited as "the top cash crop in 12 states and among the top three cash crops in 30". [22]
Coping measures in response to variable climates can include reducing daily food consumption and selling livestock to compensate for the decreased productivity. These responses often threaten the future of household farms in the following seasons as many farmers will sell draft animals used for labor and will also consume seeds saved for ...
In economics, the term pork cycle, hog cycle, or cattle cycle [1] describes the phenomenon of cyclical fluctuations of supply and prices in livestock markets. It was first observed in 1925 in pig markets in the US by Mordecai Ezekiel and in Europe in 1927 by the German scholar Arthur Hanau . [2]