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agribusiness
(redirected from Agrobusiness)

   Also found in: Dictionary/thesaurus, Financial, Wikipedia 0.01 sec.

agribusiness

Agriculture operated by business; specifically, that part of a modern national economy devoted to the production, processing, and distribution of food and fibre products and byproducts. Commercial farming has largely supplanted the family farm in production of cash crops. Some food-processing firms that operate farms have begun to market fresh produce under their brand names. In recent years, conglomerates involved in nonagricultural businesses have entered agribusiness by buying and operating large farms.



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7%) and agrobusiness, leather and shoes industries with 0.
The abandoning of the Soviet economic model affected directly agricultural and forestry practices--collective and state farms were dismantled, land reform was carried out, subsidies for agrobusiness were substantially reduced, large forest areas were returned to former private owners, and extensive melioration works were stopped.
In comments a few days after the announcement, Lula said he thought the reaction had been exaggerated, and attacked those who had rushed to condemn agrobusiness for destroying the Amazon, saying rather cryptically, "It's as if you went to the doctor with a small tumor, and instead of doing a biopsy to find out how to treat it, you went out saying you had cancer.
 
 
 
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