The changing face of agribusiness

Charles E. French
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Charles E. French: Muresk Institute of Agriculture, Northam, Western Australia at the time of the conference, Postal: Muresk Institute of Agriculture, Northam, Western Australia at the time of the conference

Agribusiness, 1989, vol. 5, issue 3, 217-227

Abstract: Agribusiness change in Australia and New Zealand, as in the United States, can be classified into five groups: more complexity, growing out of the global network, futuristic notions, world economic development trends, and public-private institutional arrangements; more concentration, especially growing out of takeovers and greater vertical integration to practical farm markets; more competent, growing out of professional management, technological acceleration, and a large number of improved individual country food sector strategies; more competitive, growing out of more demand driven thrusts, an increasing number of world food suppliers, and overcapitalized farm production in advanced countries; and more compromised, growing out of the increased minority position of farmers and broader political coalitions in which they must operate. These changes beget conflicts which provide a vital laboratory for the practice of modern agribusiness management.

Date: 1989
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Persistent link: https://EconPapers.repec.org/RePEc:wly:agribz:v:5:y:1989:i:3:p:217-227

DOI: 10.1002/1520-6297(198905)5:3<217::AID-AGR2720050305>3.0.CO;2-X

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