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Although livestock production serves as a source of income, it can provide additional economic values for rural families, often serving as a major contributor to food security and economic security. Livestock can serve as insurance against risk [45] and is an economic buffer (of income and food supply) in some regions and some economies (e.g ...
Cattle feedlot in Colorado, United States. Animal husbandry is the branch of agriculture concerned with animals that are raised for meat, fibre, milk, or other products.It includes day-to-day care, management, production, nutrition, selective breeding, and the raising of livestock.
Live cattle is a type of futures contract that can be used to hedge and to speculate on fed cattle prices. Cattle producers, feedlot operators, and merchant exporters can hedge future selling prices for cattle through trading live cattle futures, and such trading is a common part of a producer's price risk management program. [1]
Intensive animal farming, industrial livestock production, and macro-farms, [1] also known as factory farming, [2] is a type of intensive agriculture, specifically an approach to animal husbandry designed to maximize production while minimizing costs. [3]
"Agribusiness is the interrelated and interdependent industries in agriculture that supply, process, distribute, and support the products of agriculture." (Goldberg, 2017) Some agribusinesses have adopted the triple bottom line framework such as aligning for fair trade , organic , good agricultural practices , and B-corporation certifications ...
Purpose-built sheep carrier. Live export is the commercial transport of livestock across national borders. The trade involves a number of countries with the Australian live export industry being one of the largest exporters in the global trade.
Commercial farming is the act of setting up or maintaining a farm for commercial purposes. Subcategories. This category has the following 3 subcategories, out of 3 ...
Contract farming involves agricultural production being carried out on the basis of an agreement between the buyer and farm producers. Sometimes it involves the buyer specifying the quality required and the price, with the farmer agreeing to deliver at a future date.