agribusiness Definition
the business of agricultural production, including farming and contract farming, seed supply, agrichemicals, farm machinery, wholesale and distribution, processing, marketing, and retail sales.
Using agribusiness: Examples
Take a moment to familiarize yourself with how "agribusiness" can be used in various situations through the following examples!
Example
The company specializes in agribusiness, providing farmers with the necessary tools and resources to increase their crop yields.
Example
Agribusiness is a major contributor to the economy in many rural areas.
Example
The government has implemented policies to support the growth of agribusiness in the country.
Summary: agribusiness in Brief
'Agribusiness' [ˈæɡrɪˌbɪznəs] refers to the business of agricultural production, including farming, seed supply, agrichemicals, farm machinery, processing, marketing, and retail sales. It is a major contributor to the economy in many rural areas and involves a wide range of activities from production to distribution. The company specializes in agribusiness, providing farmers with the necessary tools and resources to increase their crop yields.