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HOW AGRIBUSINESS DIFFERS FROM THE CONVENTIONAL BUSINESS

Agribusiness is the business of agricultural production, an industry engaged in the producing operations of a farm, the manufacture and distribution of farm equipment and supplies, and the processing, storage, and distribution of farm commodities. The term was coined in 1957 by Goldberg and Davis. It includes agrichemicals, breeding , crop production ( farming and contract farming ), distribution, farm machinery ,processing, and seed supply, as well as marketing and retail sales. All agents of the food and fiber value chain and those institutions that influence it are part of the agribusiness system. Examples of Agribusiness Companies Deere & Company, which makes John Deere equipment, may be one of the best-known examples of a classic agribusiness company. The firm doesn't own farms or produce food products, but nearly every farmer owns a John Deere tractor, baler or some other piece of the quintessential green and gold farm equipment. Monsanto Company, which manufacture

The Hydroponics; Farming business made easy.

Hydroponics Hydroponics is a subset of hydroculture, the method of growing plants without soil, using mineral nutrient solutions in a water solvent. Terrestrial plants may be grown with only their roots exposed to the mineral solution, or the roots may be supported by an inert medium, such as perlite or gravel . The nutrients in hydroponics can come from an array of different sources; these can include but are not limited to byproduct from fish waste, duck manure, or normal nutrients. Hydroponics systems are various structures (e.g., towers, trays, A-frames) that hold water or other inert media and provide places to grow plants. Hydroponics systems fall into two basic categories: a solution (liquid) culture and an aggregate culture. In a solution system, the plant roots grow directly into a nutrient-filled solution. In an aggregate system, such as gravel, sand, or small clay pellets, the roots grow into the medium. In each method, the system supplies the three essential ingredient

FISH FARMING; A MONEY SPINNING AGRIBUSIESS

BACKGROUND Fish is an important source of food, income, employment, and recreation for people around the world and it is very important source of animal protein for both man and livestock in developed and developing countries. Humans consume approximately 80% of the catch as food. The remaining 20% goes into the manufacturing of products such as fish oil, fertilizers and animal feed (FAO, 2015). Fisheries and aquaculture are integral part of Agriculture which were found to have the capacity to increase the country's GDP (Gross Domestic Product), employment opportunities and also bring about financial uplift to individuals farmers involved. According to  the Intergovernmental Institute for Tropical Agriculture (IITA) in 2015, The demand for fish in Nigeria mostly outstrips the local production. Nigeria is the largest fish consumer in Africa, and among the highest fish consumers in the world. With over 1.5million tons consumed annually. Yet, Nigeria imports over 900,000metric ton