Europe
Created by admin on 19 Feb 2009 | Tagged as: Uncategorized
Driving through Europe it is hard to find a farm where different crops and animals fill the land. Things have radically changed and the days of the local farm that provides the village with food seems to be over. Accept for the biological farm that let nature take its course and meet a special demand on the market most of the farms could not compete with the large scale agriusiness aproach to agriculture.
Agribusiness is a generic term for all businesses involved in food production, including machinery, wholesale and distribution, farming processing, marketing and retail sales Agribusiness is used as the businessess that take part in modern food production. Within the agriculture industry the term agribusiness is synonymous with food industry.
In the past all related agricultural companies were all family businesses. By now the whole industry got more and more the image of a large corporate company as efficiency became the keyword with relative distances to the consumer getting smaller. The demand for a constant supply of food for the lowest price let to large monocropping farms and specialised verticals. The enourmous expansion of food supplies does have a down sides; large scale farms are putting smaller farmers out of business and with the increasing intensivity of using the land there is a bigger environmental damage. With growing awareness and demand from the consumer for cleaner production there is a new challenge for agribusinesses to be innovative at the lowest costs for the consumer does not want to pay more than nessesary. Investments are made through the whole agribusiness sector with a growing need of a specialised agribank
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