Agribusiness Management

Agribusiness management encompasses many aspects of the economy: agricultural producers, businesses that provide supplies and services to the producers (including cooperatives), businesses that add value to agricultural products, and those that facilitate the marketing of agricultural products to an ever-growing marketplace.

This economic sector has undergone enormous change and will continue to evolve into the future. According to a 1995 study by William Edmondson, "Measuring the Economywide Effect of the Farm Sector: Two Methods," published by USDA/ERS in July 1995, p. 35, the food and fiber sector, including input, production, processing, and distribution (the whole marketing channel) equals 13.5% of GDP and 17.3% of jobs in the U.S.