ZAMBOANGA DEL SUR PROVINCIAL GOVERNMENT COLLEGE

AURORA, ZAMBOANGA DEL SUR

BACHELOR OF SCIENCE IN AGRICULTURE
2nd SEMESTER

NAME: Jarden V. Solabar Subject: Agri Bus 2

Course/Year: BSA 3

Reflection:
1. How agribusiness help to change the life of the farmers in the Philippines?
Support your answer with citation.( 20 points….minimum of 400 words,
Arial 12 fonts 1.5 and justify
Answer: Agribusiness is the business sector encompassing farming and farming-related
commercial activities. It involves all the steps required to send an agricultural good to
market, namely production, processing, and distribution. This industry is an important
component of the economy in countries with arable land since agricultural products can
be exported. Agribusiness treats the different aspects of raising agricultural products as
an integrated system. Farmers raise animals and harvest fruits and vegetables with the
help of sophisticated harvesting techniques, including the use of GPS to direct
operations. Manufacturers develop increasingly efficient machines that can drive
themselves. Processing plants determine the best way to clean and package livestock
for shipping. While each subset of the industry is unlikely to interact directly with the
consumer, each is focused on operating efficiently in order to keep prices reasonable.
Agribusiness is a combination of the words "agriculture" and "business" and refers to
any business related to farming and farming-related commercial activities.
Agribusiness involves all the steps required to send an agricultural good to market,
namely production, processing, and distribution. Companies in the agribusiness industry
encompass all aspects of food production.
Climate change has placed intensifying pressure on many companies in the
agribusiness industry to successfully adapt to the large-scale shifts in weather patterns.
Countries with farming industries face consistent pressures from global competition.
Products such as wheat, corn, and soybeans tend to be similar in different locations,
making them commodities. Remaining competitive requires agribusinesses to operate
more efficiently, which can require investments in new technologies, new ways of
fertilizing and watering crops, and new ways of connecting to the global market.
Global prices of agricultural products may change rapidly, making production planning a
complicated activity. Farmers may also face a reduction in usable land as suburban and
urban areas expand into their regions.
The use of new technology is vital to remain competitive in the global agribusiness
sector. Farmers need to reduce crop costs and increase yield per square acre to remain
competitive. These techniques, including soil and field analysis, planting, and crop
monitoring, will be key to improving crop yields and moving the agribusiness sector
forward.
Key areas of concern for the use of drone technology remain the safety of drone
operations, privacy issues, and insurance-coverage questions. Because agribusiness is
a broad industry, it incorporates a wide range of different companies and operations.
Agribusinesses include small family farms and food producers up to multinational
conglomerates involved in the production of food on a national scale.
Some examples of agribusinesses include farm machinery producers such as Deere &
Company, seed and agrichemical manufacturers such as Monsanto, food processing
companies such as Archer Daniels Midland Company, as well as farmer's cooperatives,
agritourism companies, and makers of biofuels, animal feeds, and other related
products.
Agribusiness treats the different aspects of raising agricultural products as an integrated
system. Farmers raise animals and harvest fruits and vegetables with the help of
sophisticated harvesting techniques, including the use of GPS to direct operations.
Manufacturers develop increasingly efficient machines that can drive themselves.
Processing plants determine the best way to clean and package livestock for shipping.
While each subset of the industry is unlikely to interact directly with the consumer, each
is focused on operating efficiently in order to keep prices reasonable (James Chen &
Somer Anderson 2021).

2. Describe the objectives of agribusiness and how they becoming useful to

the farmers and the community (20pts) support your answer with citation.
Answer: The The primary goal of agribusiness is to maximize profit while sustainably
satisfying the needs of consumers for products related to natural resources such as
biotechnology, farms, food, forestry, fisheries, fuel, and fiber — usually with the
exclusion of non-renewable resources such as mining. Studies of business growth and
performance in farming have found successful agricultural businesses are cost-efficient
internally and operate in favorable economic, political, and physical-organic
environments. They are able to expand and make profits, improve the productivity of
land, labor, and capital, and keep their costs down to ensure market price
competitiveness.
how they becoming useful to the farmers and the community?
By doing catalyse agro industrial growth in different parts of Assam based on principles
of ecological sustainability, economic efficiency and social equity. By doing undertake or
assist in undertaking programmes for employment generation, growth and
diversification of agriculture and other food based industries to increase food production
and export of food products in both primary and processed from including field of
Horticulture, Animal Husbandry, Fisheries, Poultry and other areas related with food.
organize technology transfer through training and extension involving non-government
organizations, farmers’ association and Pathar parichalana Samitee (FMC). To sponsor
specific and relevant research projects and technology demonstration. To organize
input, material supply and production services through public, private and co-operative
sector. Identify and promote post harvest processing / manufacturing units in the public,
private and co-operative sectors. To promote organization of marketing chains both for
domestic and export marketing. To build a cadre of skilled managers for managing the
affairs of various units being established as a part of the development process. To
provide technology and marketing support for the development of rained and drought
prone areas and marginal land. To create opportunities for skilled employment in
villages through biological software industries such as the manufacture of bio-fertilizer
and bio-pesticides and establishment of bio-mass refineries and promote agriculture
and bio-mass related business activities for food security and for incremental incomes
to producers in the context of liberalized world trade in food and agriculture
commodities. By doing revive and strengthen local institutions including Pathar
Parichalana Samittee (FMC), seed villages and producers association of the farming
community as instruments of decentralization / development process in agriculture
sector. By organize / catalyse the primary producers in suitable groups towards the
performance of activities related to the achievement of the objectives of the Society. By
influence government policies for correcting the terms of trade to make them favourable
for agriculture, thereby increasing the flow of resources and augmenting the rate of
capital formation in agriculture sector. To pave the way for establishment of integrated
producers organization with forward and backward linkages and to organize Pathar
Parichalana Samittees (FMC) with forward and backward linkage. To assist and
promote programmes aimed at conversation of the environment and natural resources.
To prepare, print and public papers, periodicals, monographs and books, in furtherance
of the objectives of the Society. And lastly to help farmers / farmers organization in
setting up small agro based village industries (ASFAC 2020).
3. In what way agribusiness maximize profit and give sustainability to the
consumers?
Answer: Nearly 80% of the world’s poorest inhabitants live in rural areas and labour in
agriculture. Because they lack the productive assets or infrastructure needed to market
their produce, strategies intended to encourage agribusinesses-led development of
such markets rank high on many policy agendas. Still, systematic studies of the efficacy
of these policies remain scarce.
About 78% of the world’s poor – close to 800 million people – live in rural areas and rely
largely on agricultural work to make a living (World Bank 2014). The bulk of the world’s
farmers are smallholders who lack the productive assets, access to technologies, and
infrastructure needed to market their produce (e.g. Fafchamps and Hill 2008). Yet much
of the literature in international trade treats crops as homogenous products, exchanged
in perfectly competitive markets. While this may be true of world commodity markets, a
vast literature finds that farmers face high transaction costs in selling their crops to
markets at home and abroad. Though governments often play an active role in crop
markets, years of government control have done little to improve low yields and limited
commercialisation of farming in developing countries. Following market reforms in the
1980s and 1990s, many countries moved towards policies to reduce the role of
governments in crop markets and encourage agribusiness firms to work directly with
farmers. The process of moving to an agribusiness model is now high on the agenda of
many low-income countries. For example, the G7 countries’ New Alliance for Food
Security and Nutrition in ten African countries contained a number of proposals, such as
new legislation for seeds, land, contract enforcement, and taxes to ease consolidation
and operation of large commercial farms (Guardian 2016, UNCTAD 2009). Large
agribusiness firms have the modern technologies, quality control methods, and access
to markets that can raise rural incomes on a large scale and lift millions of low-income
households out of poverty. Many countries that adopted market reforms have seen
accompanying increases in the production of export crops and new agribusinesses,
including supermarket chains, agro-industrial firms, and export-oriented companies
offering out-grower schemes to farmers (Barrett and Mutambatsere 2008). Yet much
agricultural work, especially in the poorest parts of the world, has shown few signs of
that longed-for radical transformation, raising doubts about the ability of the current
model to transform agriculture (Collier and Dercon 2014).

4. Why agribusiness not focusing solely producing raw materials but

producing goods, processing products and distribution?
Answer: Agriculture plays a significant role in the Philippine economy. Involving about
40 percent of Filipino workers, it contributes an average of 20 percent to the Gross
Domestic Product. This output comes mainly from agribusiness, which in turn accounts
for about 70 percent of the total agricultural output (CIDA-LGSP, 2003).
Why agribusiness not focusing solely producing raw materials but producing goods,
processing products and distribution?
Because Agricultural business focus with the management, marketing, and financing of
food and fiber, "from the field to the table." You study principles from agricultural
sciences, economics, business, and statistics in preparation for a career in
agribusiness, farming, natural resources, government, and related areas.
Agribusiness is designed to prepare a student for employment in a variety of fields,
including business finance, marketing, international agriculture, agricultural marketing,
policy formation, farm and ranch management, resource economics, rural development,
bank, and real estate appraisal. Agribusiness can increase the added value of raw
materials, strengthening local rural economies, food security and nutrition, and
improving the quality of life in many homes at risk of exclusion and vulnerability.
Policies, incentives and regulatory frameworks that safeguard and promote agro-
industries have proven to be highly effective at lifting rural populations out of poverty in
many countries. Through the Microfinance Foundation, BBVA supports small farmers in
rural areas to boost their growth through green microloans.
The Agribusiness major prepares you to apply business and economic principles to the
production and marketing of food and other agricultural products and to the
management of natural resources. Agribusiness majors will concentrate in economics;
agricultural marketing; farm and ranch management; agricultural finance; environmental
economics; crop or animal production; international agricultural and trade. You learn
principles associated with best practices for product development, profit maximization,
and investment planning. You become familiar with accounting tools like balance
sheets, income statements, and cash flow statements. You are taught to use
quantitative tools such as statistics, accounting methods, computer programs, and
investment analysis to solve management and planning problems.New technologies
and insights are needed that farmers can put into practice. This pertains to insights into
soil fertility, precision agriculture (specific treatment of plants and animals, rather than
per field or stall), better and smarter use of natural cycles, nutrition and livestock
housing. By effectively applying insights in these areas, farmers can achieve higher
production with the same amounts of land, raw materials and water, without having to
use additional chemicals and depleting the soil (BYU 2022).