agribusiness

/ag"reuh biz'nis/, n.
the businesses collectively associated with the production, processing, and distribution of agricultural products.
[1950-55; Amer.; AGRI- + BUSINESS]

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Agriculture operated by business; specifically, that part of a modern national economy devoted to the production, processing, and distribution of food and fibre products and byproducts.

Commercial farming has largely supplanted the family farm in production of cash crops. Some food-processing firms that operate farms have begun to market fresh produce under their brand names. In recent years, conglomerates involved in nonagricultural businesses have entered agribusiness by buying and operating large farms.

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      agriculture regarded as a business; more specifically, that part of a modern national economy devoted to the production, processing, and distribution of food and fibre products and by-products.

      In highly industrialized countries, many activities essential to agriculture are carried on separately from the farm. These include the development and production of equipment, fertilizers, and seeds; in some countries the processing, storage, preservation, and delivery of products have also been separated from basic farming. In consequence, farming itself has become increasingly specialized and businesslike. Some business firms even raise crops, as in the case of a winery that operates its own vineyards or a large commercial producer of fast-frozen or canned vegetables that maintains its own farm. Many of these farms use extensive mechanization and computer technology to increase production.

      In recent years, conglomerate companies that are involved in nonagricultural businesses have entered agribusiness by buying and operating large farms. Some food-processing firms that operate farms have begun to market fresh produce under their brand names.

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Universalium. 2010.

Look at other dictionaries:

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  • Agribusiness — es un término que se refiere a las actividades económicas asociadas con: Producción agrícola. Procesos sin transformación del producto en: centros de acopio, almacenes, frigoríficos y plantas de selección, clasificación y empaque. Diferentes… …   Wikipedia Español

  • agribusiness — (n.) 1955, compound formed from AGRICULTURE (Cf. agriculture) + BUSINESS (Cf. business) …   Etymology dictionary

  • agribusiness — ☆ agribusiness [ag′rə biz΄nis ] n. [ AGRI(CULTURE) + BUSINESS] farming and the businesses associated with farming, as the processing of farm products or the manufacturing of farm equipment …   English World dictionary

  • Agribusiness — Das System des Agribusiness Agribusiness oder auch Agrobusiness bezeichnet als Anglizismus (aus dem englischen „agriculture“ und „business“) neben der Landwirtschaft auch die ihr vor und nachgelagerten wirtschaftlichen Aktivitäten. Gemeinsam… …   Deutsch Wikipedia

  • Agribusiness — In agriculture, agribusiness is a generic term that refers to the various businesses involved in food production, including farming, seed supply, agrichemicals, farm machinery, wholesale and distribution, processing, marketing, and retail sales.… …   Wikipedia

  • agribusiness — [[t]æ̱gribɪznɪs[/t]] agribusinesses N UNCOUNT: also N in pl, oft N n Agribusiness is the various businesses that produce, sell, and distribute farm products, especially on a large scale. Many of the old agricultural collectives are now being… …   English dictionary

  • agribusiness — UK [ˈæɡrɪˌbɪznəs] / US noun [countable/uncountable] Word forms agribusiness : singular agribusiness plural agribusinesses 1) the business of operating a large farm to produce as much food and profit as possible, or one of the farms that operates… …   English dictionary

  • Agribusiness — Agri|busi|ness* [...biznis] das; <aus gleichbed. engl. agribusiness zu lat. ager, Gen. agri »Acker« u. ↑Business> svw. ↑Agrobusiness …   Das große Fremdwörterbuch

  • agribusiness — A large scale capitalist farming and food processing organization and enterprise (producing fertilizers, pesticides, or machinery) which shares many characteristics of other advanced industries. These include, for example, the use of advanced… …   Dictionary of sociology

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