Agribusiness is mostly used to identify businesses engaged and leading the global world with 300 Billion Dollars
According to the World Bank,By 2050, another 2 billion people are estimated to grow the world’s population, and feeding this will be a huge challenge. We are losing arable land every day because of industrial development and urbanization.
Agricultural operations have to be run in somewhat unique ways due to advances in technology like sensors , devices, machinery and IT. Advanced technologies such as robots, temperature and humidity sensors, aerial images, and Gps sensorswill be used in future agriculture.Such advanced technological farming androbotic systems have made farms more financially viable, effective and more environmentally friendly.
Hyperlocal farm deliver freshly harvested Leafy Greens
Agribusiness is mostly used to identify businesses engaged in the distribution of farm goods, such as factories, wholesalers, manufacturers, supermarkets and more. Using the word agri-business by multinational farm advocates has developed an air of stigma about the phrase, associating it with big companies and businesses manufacturing environmentally dubious, non-organic goods while ensuring that smaller, more healthier farms do not turn profit.
Agribusinesses are formally divided into three categories
1. Productive Resources like feed, seed, fertilizer, equipment, energy, machinery etc.
2. Agricultural Commodities like raw and processed commodities of food and fiber.
3. Facilitative Services like credit, insurance, marketing, storage, processing, transportation, packing etc.
These are the world top most agribusiness examples to Leads a successful Agricultural Business
Cargill Link grain and oilseed farmers and consumers across the globe through origination, trade, refining and delivery, and provide a variety of farmer services and risk reduction solutions.
Cargill Agribusiness Future Vision
They work globally interconnected to produce, stock, export, refine and sell grains and oilseeds including wheat , corn, oilseeds, barley and sorghum, and vegetable oils and meals. Those who have a broad global presence in grain origination, shipping and processing and have developed significant expertise in the handling of preserved identity and product differentiation.
The performance across the supply chain coupled with root and technical versatility enables to deliver tremendous value to the consumers worldwide. They also collaborate together with the finance and risk reduction firms in Cargill to deliver a variety of financial and hedging goods.
Bachoco, with its headquartered in Mexico, has had a strong 2015, which may justify its place as the sixth most searched-for agricultural business. Some of the company’s successes during the year include domestic business growth, better earnings, new prospects for penetration into other countries and acquisition shopping. Strong management and weak prices for corn led to the improved productivity of the business in 2015. This increased productivity allowed Bachoco to make bigger investments in its facilities, including US$ 40 million announced earlier in the year to expand and improve breeding farms in the Yucatan area.
California-based Foster Farms, the seventh most sought-after agribusiness firm in 2015, encountered several year-round obstacles. Sadly, one of the most serious droughts on record threatens to threaten California, which needs everybody to chip in to save water. But since 2014, Foster Farms has reduced the water consumption “per cow” by 19 per cent. Foster Farms turkey flock on a California farm was struck with a highly pathogenic avian influenza epidemic in January 2015. Apart from these obstacles, 2015 also saw the launch of Foster Farms Organic Ground Turkey, the company’s first antibiotic-free turkey food range.
In 2015, ALLTech is the fourth-ranked & top-search agribusiness company. Aiden Connolly, the company’s chief marketing officer, recently addressed the potential of the feed sector, he believes the success of the business rests in its ability to satisfy market expectations for health and reliability, thus growing quality and profitability. Alltech has purchased Ridley Inc. centered in North America, expanding its global presence. In 2015 the firm also confirmed it would manufacture the feed additive Optigen II in Australia for the first time.
Tyson Foods has become the largest supplier of protein to several major fast food chains, including fast service, casual, mid-scale outlets and fine dining products. Tyson make food for a variety of food service clients including schools, military bases, hospitals , nursing homes as well as international clients. They are still the only company selling chicken, beef , pork and prepared food products through all major retail streams, including venue stores , grocery stores, and discount stores.
JBS for 2015 was a strong one for the fifth most sought-after agribusiness firm, Its ratings raised by Moody’s Investors Service due to a massive positive outlook for the market. eBrazilian business CEO Wesley Batista said JBS setup the strongest route to tap into developing markets and rising animal protein demand. In accordance with this priority, in September 2015, JBS completed its acquisition of the European poultry firm Moy Park.