Agribusiness


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Agribusiness

A general term for all companies and business that engage in agriculture or food processing. Agribusiness includes farms, ranches, grocers, processing centers such as slaughterhouses, and so forth. While the term is used within agribusiness to describe itself, it often has a negative connotation describing corporate farms (as opposed to family farms). It is sometimes associated with practices deemed unethical by some, such as not giving animals sufficient space to move around before they are slaughtered. However, the term also correctly applies to food cooperatives and even family farms themselves.
References in periodicals archive ?
Forestry Commission set a goal for agribusiness to reach $50 billion by 2020.
FARA's partners in UniBRAIN are the International Crops Research Institute for the Semi- Arid Tropics (ICRISAT) based in India, the Centre for Coordination of Agricultural Research and Development for Southern Africa (CCARDESA), in Botswana, the West and Central African Council for Agricultural Research and Development (CORAF/WECARD), in Senegal, the Association for strengthening Agricultural Research in Eastern and Central Africa (ASARECA), the African Network for Agriculture, Agroforestry and Natural Resources Education (ANAFE), in Kenya, and the Pan African Agribusiness and Agro Industry Consortium (PanAAC), in Kenya,
ICRISAT will use its Agribusiness and Innovation Platform initiative to help set up agribusiness incubators for farmers across Africa, along the lines of its networks of incubators in India.
Some 300 agriculture experts are expected at Agribusiness East Africa which will represent the entire agribusiness spectrum: from input suppliers, agro-processors, traders, exporters, retailers, commercial farmers, processors, policy makers to government and associations.
Given its increased spending power, demand for goods and untapped land resources, Africa is currently experiencing a revival in terms of its focus on agribusiness, not only to increase food self-sufficiency, but also to create jobs and economic activity, specifically in rural areas," said van der Merwe.
Mr Lilley takes over from Keith Preston and said: "I am very much looking forward to the challenge of further building agribusiness across the region, alongside Savills wide range of rural, residential and commercial property services, from offices in Oxford, Cheltenham, Cardiff and Telford.
The programme will build physical and institutional links along horticulture integrated value chains (IVCs), which include farmers, processors, agribusiness entrepreneurs, and service providers, a central goal of the Indian government.
It is expected to invest in 12 to 15 best-in-class private equity funds targeting portfolio companies along the agribusiness value chain and across the continent.
In his new role, Nutt will be responsible for developing and managing agribusiness relationships for the Florida, Carolina and the Southeast divisions of Wells Fargo's Commercial Banking Group.
The deal, worth 250 million Egyptian pounds ($42 million), increases the Wadi Group shares owned by both families and Horus Food and Agribusiness to 94 per cent, up from the previous 84 per cent.
Investment leaders at the Summit called on governments and donors to invest more in agribusiness project preparation platforms in order to assist in building the pipeline of bankable agribusiness investment opportunities.