Agri-Business refers to the activities related to agricultural product production, processing, distribution, and marketing. It encompasses a wide range of industries such as farming, food processing, storage and distribution, and marketing of agricultural products. Agribusiness also involves support industries, including equipment manufacturing, seed production, and financial services. The goal of agribusiness is to increase efficiency and profitability in the agriculture sector while also ensuring a stable and abundant food supply. An agribusiness cooperative is a type of business model where farmers, ranchers, and other agricultural producers come together to jointly own and operate their businesses. In this model, the members pool their resources, knowledge, and skills to achieve economies of scale and improve their competitiveness in the marketplace. Members share in the profits and have a say in the decision-making process. An agribusiness cooperative aims to improve its members’ livelihoods and promote sustainability in agriculture.
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