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the manufacture & distribution of farm equipment & supplies & the processing, storage & distribution of farm commodities/manufacture & distribution of farm supplies
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AGRI 2
AGRIBUSINESS
Question | Answer |
---|---|
Technology-oriented industry that includes: Production, agriscience and agribusiness | Agriculture |
Industry engaged in the producing operation of a farm, the manufacture & distribution of farm equipment & supplies & the processing, storage & distribution of farm commodities/manufacture & distribution of farm supplies | Agribusiness |
Encompasses all enterprises that take place inside and outside the farm gate, bringing products from the field to the consumers Not only food production but included processes, use of farm produce in different forms | Agribusiness |
They provide input supplies to the production agriculturalist | Agribusiness companies |
Services needed in agriculture | • Transportation • Storage • Refrigeration • Credit • Finance • Insurance |
They furnish production agriculturalists with the supplies and equipment needed to produce, store and transport their crops | Agribusiness manufacturers |
Inspect and grade agricultural products for quality and safety | Government Agencies |
They educate, promote, advertise, coordinate and lobby for their agricultural products | Agribusiness trade organization |
Key stage in the value chain | Input-Production-Processing&Distribution-Marketing-Consumer |
Seeds, fertilizers, machinery & technology to farmers | Input supply |
Activities related to crop cultivation, animal rearing & other forms of primary agricultural production | Production |
Transforming raw agricultural commodities into processed products, including cleaning, grading, sorting and value addition activities | Processing |
Transportation, storage, & logistics management of agricultural products to ensure timely delivery to customers | Distribution |
Promoting & selling agricultural products to consumers thru various marketing channels including wholesalers, retailers and direct sales | Marketing & Retail |
Sequence of activities involved in the production, processing distribution and marketing of agricultural products adding value at each stage | Overview of the Value Chain in Agribusiness |
(Integration in Agribusiness) Ensure that agricultural commodities are transformed into value-added products | Production and Processing |
(Integration in Agribusiness) Smooth flow of processed agricultural products, minimizing wastage and maintaining product quality | Processing and Distribution |
(Integration in Agribusiness) Ensure agricultural products are delivered in a timely manner and marketing appropriately | Distribution and Marketing |