Agribusiness

Agribusiness refers to the business of agricultural production. It includes crop production, seed supply, agricultural-related chemicals, breeding, farm machinery, distribution, processing, marketing, and retail sales.

Examples of agribusinesses include seed and agrichemical producers like Dow AgroSciences, Monsanto and Syngenta; AB Agri (part of Associated British Foods) animal feeds, biofuels, micro-ingredients, grain transport and processing; John Deere, farm machinery producer.

Such agribusiness help to encourage the production of food crops as business owners try to maximize output with minimum input to maximize economic efficiency.

As concern over global warming intensifies, biofuels derived from crops are gaining increased public and scientific attention. This is driven by factors such as oil price spikes, the need for increased energy security, concern over greenhouse gas emissions from fossil fuels, and support from government subsidies.