In agriculture, agribusiness is a generic term that refers to the various businesses involved in food production, including farming, seed supply, agrichemicals, farm machinery, wholesale and distribution, processing, marketing, and retail sales. The term has two distinctly different connotations depending on context.
Within the agriculture industry, agribusiness is widely used simply as a convenient portmanteau of agriculture and business, referring to the range of activities and disciplines encompassed by modern food production. There are academic degrees in and departments of agribusiness, agribusiness trade associations, agribusiness publications, and so forth, worldwide. Here, the term is only descriptive, and is synonymous in the broadest sense with food industry.
Among critics of large-scale, industrialized, vertically integrated food production, the term agribusiness is used as a negative, synonymous with corporate farming. As such, it is often contrasted with family farm. Some negative connotation is also derived from the negative associations of "business" and "corporation" from critics of capitalism or corporate excess.
An example of an agribusiness is the Old North State Winegrowers Cooperative in North Carolina. Wine grape farmers come together to not only sell their grapes but to share a winery, winemaker and marketing brand together.
2007-03-05 12:22:26
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answer #2
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answered by Anonymous
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In agriculture either u produce or u buy and sell the product. If u are producing, try these:
-Papaya plants offer pepin, an ingredient used by pharma companies.
-Farming a small flower of marigold which is purchased by toothpaste companies.
-Rearing an insect which gives u fragrance in Kantheridine oil.
-Farming herbs like Satavari, Moosli, Aswagandha.
-Produce manure with vermiculture.
If u r dealing in procuring products and selling them, go for:
-Grading and sorting services.
-Packaging and re-packaging
2007-03-05 13:12:10
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answer #3
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answered by Anonymous
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Cold Storage, Mills for processing Rice & other grains, Ready to eat foods, Bio diesel plants, Cosmetics based on Aloe vera, Coconut fibre extraction - including Jute mills, Coir products etc..
2007-03-05 08:39:52
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answer #4
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answered by r_ranjith 4
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