Agricultural Economics In Nigeria Essay

In Malaysia, agriculture remains an important sector and it plays role as food providers, create employments and generate earnings from export products. The development of the agricultural sector is generally governed by a comprehensive and market driven agricultural policies. The agricultural policies were formulated and have enabled the agricultural sector to grow sustainably and also contributed to economy development in Malaysia. The agricultural policy set the direction for the agricultural sector. As a result, this sector has been transformed from a conventional and passive sector that focused on single commodity to a dynamic, diversified and modern sector.

In the 1990’s cereals and grain were popular in Africa, with over 60 percent of the land used for these crops (ita 2004). From the 1930’s to the 1990’s Africa saw a reduction of 13 percent in agriculture’s share (ita 2004). During the 1970’s and 1980’s, there was a period of drought that affected both the crops and native plant in the area (Boffa Dixon Garrity 2012), which may have contributed to the decline of agriculture’s share. Also, in 1992 the production of corn fell from 10 million to 3 million tons, due to the drought (ita 2004).

Agriculture is the grassroots of America, yet if you walk into most college campuses across the United States and ask a student where their food comes from, the chances that they could tell you, is slim to none. With the vast growing population and increased demand, producers are striving to do their best to help feed the world. Thus, education is vital when it comes to agriculture, because alone farmers can only do so little, but together they can do so much. The production agriculture industry as a whole must collaborate to ensure that they can provide to consumers for years to come and sustain food security.

According to Daniel L. Swain of the American meteorological society and Stanford University, says that the 2013 and 2014 drought in California was an exceptional climate event in the western coast of the United States( Swain) The drought that has impacted the state of California has been a national phenomena for a few years now and how it affects the climate and economic aspects of the United States economy has helped increase awareness to the general public of the United States. California has a majority of all farming in the U.S., including crops that are exclusive to California , These crops that are vital for our survival have been hindered by the droughts of the western United States and California.. The impact of the agricultural industry in the United States has been greatly impacted by the effects of the drought in southern California. The Californian drought of the 21st century effects what the rest of the country receives in terms of produce and crops from California. Therefore the American people that live other places in the U.S. should have more concern for the drought of California than they have today. We need to find other ways,

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

The increase of productivity in the farmlands has a positive effect in cities as well, providing more food at affordable prices to combat high costs of living in cities and serve as a source for raw materials for increased manufacturing and industrialization. In order for Africa to compete on global markets, it is imperative that productivity gains are achieved both in agribusiness and manufacturing.

American agriculture has changed dramatically since the first days of mechanized equipment and large-scale crop production. “Many conceived of farming as a rewarding life . . . and a source of moral virtue” (Mariola, 2005). While presently, many view farming as purely economic in purpose. It has been stated that farming in America is decreasing more quickly than any other occupation. Yet, population increases steadily, making agriculture all the more essential. Many current issues are affecting agricultural progress in America; basic concerns over water, land, and climate only begin to describe the complex predicament. Economics, as well as public involvement and education are important tools, needed to

Sub-Saharan Africa has been a laggard with regards to economic growth rates when juxtaposed with many emerging developing countries. Analysts believe this could be due to high import volumes along with population boom dogged by disproportionate income growth. Structural deficiencies have hampered domestic production from propelling as swiftly as upsurges in demand. Many of the North African countries face agro-climatic limitations to increased production so imports are believed to play a pivotal role in satiating consumption

Over the last several years, the United States economy has experienced steady growth. While growth has been slow, it is evident that the American economy is making positive improvements.

Although Guatemala struggles with high rates of poverty, crime, and instability, they are experiencing economic growth, specifically in the tourism industry, which is one of the main sources of economic growth. Guatemala receives roughly two million tourists annually.

The Industrial Revolution, relating to agriculture, was positive for the world in numerous ways, which led to a more sustainable way to produce food for the demands of the growing population. These agricultural developments have had many positive effects on the population in Britain during the 18th century, especially in the areas of economy and society. Famous inventors, such as ‘Turnip' Townshed, were thought upon as the people who single-handedly revolutionised English agriculture, during the industrial revolution. New inventions, crop rotations, and livestock utilisation made way for enhanced crop yields, greater food diversity and the ability to support livestock. These positive agricultural developments improved society and economy significantly, during the industrial

One of the first of the constraints, rural areas, is a characteristic of almost all regions that have concentrated numbers of extremely poor people. In Africa, an estimated 75 percent of the extreme poor live in rural areas. Those who do live in rural areas have a very difficult time taking advantage of the trade opportunities that arose from global growth. The reason for this is producers in rural areas often lack access to access to critical services inputs, such as transportation, communication and financial services, electricity and safe water. In addition to this, the producers also have a difficult time paying for material inputs such as seeds and fertilizers. Ultimately, the producers have an extremely difficult challenge of getting their products to their final markets and end up experiencing high post-harvest losses which contribute to their

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

Introduction Although many still think of the Philippines as an agricultural economy, strictly speaking, it is not. Agriculture, fishery and forestry directly account for just one-fifth (20 percent) of the economy’s aggregate domestic output (GDP). Ever since the 1960s, the direct share of agriculture in the GDP had fallen below one-third, and by 1981, the sector’s share had decreased to only 23 percent. Growth from this level was rather anemic, averaging 1.7 percent per annum during the period 1981-2003, compared to the average overall GDP growth of 2.6% over the same period. While agriculture output was largely

Political factors impact the agricultural sector in factors relating to regulation, distribution, and consumption of foods in a given country. Government policies and imposed regulations have a direct effect on nutritional choices that a consumer makes, and this, in turn, affects the agriculture market (KPMG, 2012). For example, policies governing food prices or the amount of information that a consumer will receive affects the choice of the consumer. Food regulation and safety measures implemented influence the supply of food products, and ultimately determines the market choice for consumers (KPMG, 2012). Economic factors have a direct effect on the agricultural industry. On one hand, the input cost such as the price of seeds, fertilizers, and cost of labor affect the productivity of the industry. The economic status of a country also affects the industry’s productivity. For example, in developing countries, the agricultural sector is less developed owing to limited resource input and poor infrastructure (KPMG, 2012).