Role Of Entrepreneurs For Promoting Agribusiness

Modern day farming has transformed from the farming process of last century. Instead of farmers producing for their families, farmers are now similar to input/output managers supplying massive manufacturers that feed the country.

The National Agro-Food policy has incorporated strategies that are in line with the nutritional aspects of the food system. The programs implemented under the policy include increased food production through optimization and sustainable land, development and upgrading agriculture infrastructure and increase the quality and safety of food by expanding the compliance of standard. Efforts have also been taken to strengthen human capital and to ensure sufficient skill labor force in the agricultural sector. This includes the use of modern technology and mechanization to reduce the dependency of manpower. The government also provides sector-based incentives to encourage the private sector to invest in the agriculture and agro-based industry.

There used to be a lot more farmers, each one with a smaller farm, but growing quite a few different products like corn, wheat, hay, barley, oats, etc. Today there are a lot less farmers, but about the same amount of land is being farmed. Each farmer has a much bigger acreage to cultivate. Now each farmer specializes in one product. This way each farmer is more efficient in what they grow.. The most produced commodities are grains, oil seeds, dried beans and peas at 42%, other crops and hay account for another 31%. Now, most products are enhanced of fertilizers and pesticides, although there is an increasing demand for organic products which are overall more

Considering the marketing segment, we choose the target market from small, medium and large farms. If products are sold to small farms, the sales revenues even can’t cover the cost,

The agricultural industry: the farms, plants, animals, and farmers, have supported this great country for so long, but lately we have turned our backs on it. Today, we live in a materialistic society, people wanting more and better items, not settling for products that will accomplish the same job.From looking at the fruits and vegetables in the grocery store, we see the bruised or smaller ones left, while the big and brightly colored ones are selected first. In our society today, changes are constantly being made to help expand and evolve the agricultural industry, but it has yet been able to do so. To this day farmers across this nation have not been completely successful in providing for the people who make up this country. In the stores

Local farmers tend to be more expensive than big corporation produce due to lack of economies of scale and due to the traditional ways of farming which is less efficient thus cornering some farmers to give up in the face of bigger competition. These few corporations that now control the market have benefitted from economies of scale and made it much harder for new entrants to compete since they use technological advances to stay efficient and mass produce so they can sell at cheaper price. All this said, shows that the agribusiness is evolving and making great use of technology whether it’s to increase yield or make perfect produce. But have we stopped and thought about our

b. Agribusiness: 1. agriculture conducted on commercial principles, especially using advanced technology; an organization engaged in this.

An increase amount of people have wondered with the high amount of capital costs and some uncertainties that the economy has had brought an economic setback with it been related to the modern agriculture which has made it difficult for young farmers to successfully enter the sector it making the production of quality food very difficult. The average age of U.S. farmers has risen from the age 50 in 1978 to 58 in 2012, and a diminishing fraction of U.S. principal farm operators are younger than age 35 (USDA, 2014b). This has been to some extent with some shifting demographic reflects the overall aging of the population, but it does reflect a steady decline in the rate of new farm entry and the decline number of transfers of family farm

As a career after I complete my education, I am choosing to work in the field of Agribusiness, in the profession of being a steer marketer. Agribusiness is a field devoted to agriculture , and has various practices that manifest from it. Being a steer marketer, it will enable me to train and sell livestock as a way for me to receive a steady income. Throughout my career as a steer marketer, changes are apt to occur, and I must handle them to the best of my ability. The purpose of me writing about these changes and how I can manage them, is so that I may be aware in certain situations some of the problems that may occur.

McConnell, C. and Brue, S. (2004). Economics: principles, problems and policies, 16 ed. McGraw-Hill Companies

agriculture industry is able to withstand low marginal profit and can sell products at a cheap price,

3. Government and NGOs have been conducting regular training programs in developing a skilled manpower for this industry.

In light of this, I would like to explore research frontiers in the area of the challenges of managing food and farm businesses in a global setting of the 21st Century. In our society beleaguered by agricultural problems that ranges from economic to environmental problems such as weather and global warming, issues concerning trade and management of agricultural enterprises has been the topic of debate for the past decade. Many developing/poor countries who earn their living from agriculture continuously suffer from poverty and hunger as a result of the increasing pressures on the world's resource base. Policymakers are gripped with finding solutions to problems such as structural and technological constraints, inappropriate domestic policies and an unfavourable external economic environment. As a result, the growth of these economies has been slow, undernourishment has been increasing and the marginalization of these countries in the global economy has continued. This trend has created problems for developing countries over the past decade. Economic and financial

Agriculture has drastically changed over the years. As modernization occurred the ag industry had to adapt. The demand for food grew as the population grew. In order to get more food, crops need to produce good yields and more land has to be farmed. You will later read in this paper about modernization of farm technologies.

In the partial fulfillment of the requirement of Master of Business Administration (M.B.A.) Program (2002-2004) Hemchandracharya North Gujarat University, Patan.