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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 ...
Cargill leans on regenerative agriculture and generative AI to feed the planet. John Kell. April 24, 2024 at 12:39 PM. Courtesy of Cargill. When Jennifer Hartsock was growing up in rural Iowa, the ...
Agricultural economics is an applied field of economics concerned with the application of economic theory in optimizing the production and distribution of food and fiber products. Agricultural economics began as a branch of economics that specifically dealt with land usage. It focused on maximizing the crop yield while maintaining a good soil ...
Agricultural marketing development Congestion at a market in Abidjan A typical market in Africa. Efforts to develop agricultural marketing have, particularly in developing countries, intended to concentrate on a number of areas, specifically infrastructure development; information provision; training of farmers and traders in marketing and post-harvest issues; and support to the development of ...
Agricultural diversification can involve movement of resources from low-value commodities to high-value ones. It focuses mainly on horticultural, dairy, poultry and fisheries sectors. While most definitions of diversification in developing countries do work on the assumption that diversification primarily involves a substitution of one crop or ...
Information and communication technology in agriculture ( ICT in agriculture ), also known as e-agriculture, is a subset of agricultural technology focused on improved information and communication processes. More specifically, e-agriculture involves the conceptualization, design, development, evaluation and application of innovative ways to ...
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