What is Agribusiness?
Agribusiness is defined as a course of study that integrates all the primary industries and businesses. Primary industries comprises a group of sectors including; agriculture, aquaculture, dairy manufacturing, equine, forestry, horticulture, seafood, and sports turf that form the basis of modern primary production.
Primary industry businesses, often called agribusinesses, include companies that are involved along the whole value chain including the manufacture, production operations, storage, processing, distribution of product and supplies, marketing of primary products and items made from them, along with support industries.
Through the focused learning of agribusiness, students engage in future and innovative thinking and develop problem-solving strategies and lifelong skills. They build knowledge of the whole operation, and are encouraged to find innovative solutions to challenging operational issues. They will learn the economic, physical / climatic, political, environmental, technological, historical, social, ethical, and cultural influences on agribusinesses and the interrelationships of science, business, technology, society, and the environment.
Agribusiness is applied science and commerce looking at how humans choose to use technical knowledge and limited resources such as land, labour, capital and management to produce primary and secondary products and distribute them for consumption to different people over time. Agribusiness is the understanding that the ability to grow primary products is not sufficient to make growers succeed and that there are many other elements which are also important, such as human resources, strategic management, marketing, policy, financial planning, economics, and natural resources.