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This web guide provides links and resources
for professionals in agribusiness. Agriculture and farming
comprise the initial chain of the US food industry and our
related food industry guides cover those. Currently our ag and
farming guide focuses on items of interest to those in crop and
animal production in the United States.
These quick facts about
the business may be of interest to others:
The business of agriculture, also known as agribusiness includes
the production, processing, and supply of agricultural goods. In
the United States the agribusiness sector, which usually
includes crops, livestock, forestry and fishing, employs well
over 1 million people. Larger crop farms, dairy & poultry farms,
and ranches that are owned by corporations have become more and
more important in the industry. The US Bureau of labor
Statistics reports that these corporate farms supply
three-quarters of all agricultural output.
Very large agribusiness corporations such as Cargill, Monsanto
and Archer Daniels Midland involve themselves in the entire
chain of the food business including seed supply, processing,
machinery, logistics and marketing of the products they produce.
Smaller, family run farms compete in this space and often are at
a disadvantage because of the capital required to keep up with
changing trends in the agri-business. These trends include the
development of bio-engineered crops, the use of GPS
technologies, genetic engineering and even the diversion of
crops to solve energy problems such as ethanol production.
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