Agribusiness

Agribusiness,

Definition of Agribusiness:

  1. Agribusiness treats the different aspects of raising agricultural products as an integrated system. Farmers raise animals and harvest fruits and vegetables with the help of sophisticated harvesting techniques, including the use of GPS to direct harvesting operations. Manufacturers develop increasingly efficient machines that can drive themselves. Processing plants determine the best way to clean and package livestock for shipping. While each subset of the industry is unlikely to interact directly with the consumer, each is focused on operating efficiently in order to keep prices reasonable.

  2. Agriculture conducted on commercial principles, especially using advanced technology.

  3. A business that earns most or all of its revenues from agriculture. An agribusiness tends to be a large-scale business operation and may dabble in farming, processing and manufacturing and/or the packaging and distribution of products.

  4. The group of industries dealing with agricultural produce and services required in farming.

  5. Agribusiness is the business sector encompassing farming and farming-related commercial activities. The business involves all the steps required to send an agricultural good to market: production, processing and distribution. It is an important component of the economy in countries with arable land, since agricultural products can be exported.

Synonyms of Agribusiness

Farm management, Farming, Agriculture, Land management, Agronomy, Agronomics, Agribusiness, Cultivation, Tillage, Farming, Cultivation, Tillage, Tilling, Husbandry, Land management, Farm management, Crofting

How to use Agribusiness in a sentence?

  1. With the rise of commercial agriculture and agribusiness, farmers have vastly increased their use of pesticides, with devastating results.
  2. Other industries in which Victoria is a major national player include financial services, agribusiness, food processing and tourism.
  3. Agribusiness is a combination of the words "agriculture" and "business" and refers to any business related to agricultural production.
  4. Climate change has placed intensifying pressure on many companies in the agribusiness industry.
  5. My father was involved in the agribusiness and taught me a lot about how agriculture worked and how much money could be made in that area.
  6. Companies in this industry encompass all aspects of food production.
  7. There have been some recent droughts that lasted a long time that did some damage to those working in the agribusiness field.
  8. The agribusiness was booming thanks to our new land and the recent rains that came in, we saved money on water.

Meaning of Agribusiness & Agribusiness Definition