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An agricultural value chain is the integrated range of goods and services ( value chain) necessary for an agricultural product to move from the producer to the final consumer. The concept has been used since the beginning of the millennium, primarily by those working in agricultural development in developing countries, although there is no ...
Digital agriculture could address these challenges by making the agricultural value chain more efficient, equitable, and environmentally sustainable. Efficiency. Digital technology changes economic activity by lowering the costs of replicating, transporting, tracking, verifying, and searching for data.
Agribusiness. Agribusiness is the industry, enterprises, and the field of study [1] of value chains in agriculture [2] and in the bio-economy, [3] in which case it is also called bio-business [4] [5] or bio-enterprise. The primary goal of agribusiness is to maximize profit while satisfying the needs of consumers for products related to natural ...
Food hubs. A food hub, as defined by the USDA, is “a centrally located facility with a business management structure facilitating the aggregation, storage, processing, distributions, and/or marketing of locally/regionally produced food products.”. [1] Food hubs are a part of the agricultural value chain model and often share common values ...
In the United States the Agricultural Marketing Service (AMS) is a division of USDA and has programs that provide testing, support standardization and grading and offer market news services. AMS oversees marketing agreements and orders research and promotion programs. It also purchases commodities for federal food programs.
Contract farming involves agricultural production being carried out on the basis of an agreement between the buyer and farm producers. Sometimes it involves the buyer specifying the quality required and the price, with the farmer agreeing to deliver at a future date. More commonly, however, contracts outline conditions for the production of ...
Improving market information, promoting the flow of finance to and through value chains, and improving capacity of key players at all stages of chains are some of the centre's priority areas, as is the development of agricultural trade by ACP countries . Information, communication and knowledge management for agricultural and rural development ...
The U.S. Department of Agriculture’s economic research service found that migration to rural areas kicked up by a factor of 45 between 2020 and 2022, compared to pre-pandemic.
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