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Agrobusiness
Agribusiness
Agribusiness
is the business of agricultural production. The term was coined in 1957 by Goldberg and Davis. It includes agrichemicals, breeding, crop production (farming and contract farming), distribution, farm machinery, processing, and seed supply, as well as marketing and retail sales. All agents of the food and fiber value chain and those institutions that influence it are part of the agribusiness system. Within the agriculture industry, "agribusiness" is used simply as a portmanteau of agriculture and business, referring to the range of activities and disciplines encompassed by modern food production. There are academic degrees in and departments of agribusiness, agribusiness trade associations, agribusiness publications, and so forth, worldwide. In the context of agribusiness management in academia, each individual element of agriculture production and distribution may be described as agribusinesses
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John Deere
John Deere
John Deere
is the brand name of Deere & Company, an American corporation that manufactures agricultural, construction, and forestry machinery, diesel engines, drivetrains (axles, transmissions, gearboxes) used in heavy equipment, and lawn care equipment. In 2017, it was listed as 105th in the Fortune 500
Fortune 500
America's ranking and was ranked 407th in the global ranking.[3][4] The company also provides financial services and other related activities. Deere & Company is listed on the New York Stock Exchange
New York Stock Exchange
under the symbol DE.[5] The company's slogan is "Nothing Runs Like a Deere", and its logo is a leaping deer, with the words 'JOHN DEERE' under it
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Agricultural Economics
Agricultural
Agricultural
economics is an applied field of economics concerned with the application of economic theory in optimizing the production and distribution of food and fibre—a discipline known as agricultural economics. Agricultural
Agricultural
economics was a branch of economics that specifically dealt with land usage. It focused on maximizing the crop yield while maintaining a good soil ecosystem. Throughout the 20th century the discipline expanded and the current scope of the discipline is much broader. Agricultural
Agricultural
economics today includes a variety of applied areas, having considerable overlap with conventional economics.[1][2][3][4] Agricultural
Agricultural
economists have made substantial contributions to research in economics, econometrics, development economics, and environmental economics
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Ocean Spray (cooperative)
1930 (1930) Hanson, MassachusettsFounders Marcus L. UrannHeadquarters Lakeville-Middleborough, Massachusetts, United StatesKey peopleBobby Chacko (CEO, 2018)Products Cranberries, grapefruitNumber of employees>2,000Website oceanspray.comDrink portalOcean Spray is an agricultural cooperative of growers of cranberries and grapefruit headquartered in Lakeville/Middleborough, Massachusetts. It currently has over 700 member growers (in Massachusetts, Wisconsin, New Jersey, Oregon, Washington, Florida, British Columbia and other parts of Canada, as well as Chile). The cooperative employs about 2,000 people, with sales of $1.2 billion in fiscal year 2013 and account for 70% of North American cranberry production.[1] Their products include cranberry sauce, fruit juices, fruit snacks, and dried cranberries. The cooperative has made a number of innovations, including the first juice blend,[2] the first juice boxes,[3] and sweetened dried cranberries (Craisins)
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Purina Farms
Nestlé
Nestlé
Purina Petcare is a St. Louis, Missouri-based subsidiary of Nestlé. It produces and markets pet food, treats and litter. Some of its pet food brands include Purina Pro Plan, Purina Dog Chow, Friskies, Beneful
Beneful
and Purina ONE. The company was formed in 2001 by combining Ralston Purina, which was acquired by Nestlé
Nestlé
for $10.3 billion, with Nestlé's Friskies
Friskies
Petcare Company. As consumers became willing to spend more money on their pets, the company grew. As of 2012, it is the second-largest pet food company globally and the largest in the United States. In 2007, Nestle Purina voluntarily recalled some of its products after a widespread contamination was discovered in the pet food industry, due to ingredients from China. The company has been recognized for sustainability practices in its manufacturing and sponsors many pet-related charities and events
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Agritourism
Agritourism
Agritourism
or agrotourism, as it is defined most broadly, involves any agriculturally based operation or activity that brings visitors to a farm or ranch. Agritourism
Agritourism
has different definitions in different parts of the world, and sometimes refers specifically to farm stays, as in Italy
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Global Warming
Global warming, also referred to as climate change, is the observed century-scale rise in the average temperature of the Earth's climate system and its related effects.[1][2] Multiple lines of scientific evidence show that the climate system is warming.[3][4][5] Many of the observed changes since the 1950s are unprecedented in the instrumental temperature record which extends back to the mid-19th century, and in paleoclimate proxy records covering thousands of years.[6] In 2013, the Intergovernmental Panel on Climate
Climate
Change (IPCC) Fifth Assessment Report concluded that "It is extremely likely that human influence has been the dominant cause of the observed warming since the mid-20th century."[7] The largest human influence has been the emission of greenhouse gases such as carbon dioxide, methane and nitrous oxide
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Biofuels
A biofuel is a fuel that is produced through contemporary biological processes, such as agriculture and anaerobic digestion, rather than a fuel produced by geological processes such as those involved in the formation of fossil fuels, such as coal and petroleum, from prehistoric biological matter. Biofuels
Biofuels
can be derived directly from plants, or indirectly from agricultural, commercial, domestic, and/or industrial wastes.[1] Renewable biofuels generally involve contemporary carbon fixation, such as those that occur in plants or microalgae through the process of photosynthesis. Other renewable biofuels are made through the use or conversion of biomass (referring to recently living organisms, most often referring to plants or plant-derived materials). This biomass can be converted to convenient energy-containing substances in three different ways: thermal conversion, chemical conversion, and biochemical conversion
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Oil Price Increases Since 2003
From the mid-1980s to September 2003, the inflation adjusted price of a barrel of crude oil on NYMEX was generally under $25/barrel. Then, during 2004, the price rose above $40, and then $50. A series of events led the price to exceed $60 by August 11, 2005, leading to a record-speed hike that reached $75 by the middle of 2006
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Energy Security
Energy
Energy
security is the association between national security and the availability of natural resources for energy consumption. Access to (relatively) cheap energy has become essential to the functioning of modern economies. However, the uneven distribution of energy supplies among countries has led to significant vulnerabilities. Renewable resources and significant opportunities for energy efficiency exist over wide geographical areas, in contrast to other energy sources, which are concentrated in a limited number of countries
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Greenhouse Gas
A greenhouse gas is a gas in an atmosphere that absorbs and emits radiant energy within the thermal infrared range. This process is the fundamental cause of the greenhouse effect.[1] The primary greenhouse gases in Earth's atmosphere are water vapor, carbon dioxide, methane, nitrous oxide, and ozone
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Fossil Fuel
A fossil fuel is a fuel formed by natural processes, such as anaerobic decomposition of buried dead organisms, containing energy originating in ancient photosynthesis.[1] The age of the organisms and their resulting fossil fuels is typically millions of years, and sometimes exceeds 650 million years.[2] Fossil
Fossil
fuels contain high percentages of carbon and include petroleum, coal, and natural gas.[3] Other commonly used derivatives include kerosene and propane. Fossil
Fossil
fuels range from volatile materials with low carbon to hydrogen ratios like methane, to liquids like petroleum, to nonvolatile materials composed of almost pure carbon, like anthracite coal
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Management Studies
Management
Management
(or managing) is the administration of an organization, whether it is a business, a not-for-profit organization, or government body. Management
Management
includes the activities of setting the strategy of an organization and coordinating the efforts of its employees (or of volunteers) to accomplish its objectives through the application of available resources, such as financial, natural, technological, and human resources. The term "management" may also refer to those people who manage an organization. Social scientists study management as an academic discipline, investigating areas such as social organization and organizational leadership
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Associated British Foods
Associated British Foods
Associated British Foods
plc (ABF) is a British multinational food processing and retailing company whose headquarters are in London
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Foreign Agricultural Service
The Foreign Agricultural Service
Foreign Agricultural Service
(FAS) is the foreign affairs agency with primary responsibility for the United States Department of Agriculture's (USDA) overseas programs—market development, international trade agreements and negotiations, and the collection of statistics and market information. It also administers the USDA's export credit guarantee and food aid programs and helps increase income and food availability in developing nations by mobilizing expertise for agriculturally led economic growth. In 2003, FAS began to return to a long-abandoned role in national security. The FAS mission statement reads, "Linking U.S. agriculture to the world to enhance export opportunities and global food security", and its motto is "Linking U.S
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U.S. Department Of Agriculture
The United States Department of Agriculture
United States Department of Agriculture
(USDA), also known as the Agriculture Department, is the U.S. federal executive department responsible for developing and executing federal laws related to farming, agriculture, forestry, and food. It aims to meet the needs of farmers and ranchers, promote agricultural trade and production, work to assure food safety, protect natural resources, foster rural communities and end hunger in the United States and internationally. Approximately 80% of the USDA's $141 billion budget goes to the Food and Nutrition Service (FNS) program
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