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What does agribusiness mean?

Agribusiness is a combination of the words “agriculture” and “business,” and it refers to commerce in farming and farming-related activities. Agribusiness covers the production, processing, and distribution of farm-based goods. Companies in the agribusiness industry comprise all aspects of food production.

What is agribusiness & why is it important?

Agribusiness encompasses the economic sectors for farming and farming-related commerce. It involves all the steps for getting agricultural goods to the market, including production, processing, and distribution. The industry is a traditional part of any economy, especially for countries with arable land and excess agricultural products for export.

What is farm agribusiness?

: an industry engaged in the producing operations of a farm, the manufacture and distribution of farm equipment and supplies, and the processing, storage, and distribution of farm commodities Several large agribusinesses own most of the farms around here.

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