What are negatives of agribusiness?
OKay well i have a project about it but i cant find ANY negatives on agribusiness and i was hoping somebody could aid me :]
I’m from a purebred cattle background, and I went into post-secondary education in Agriculture. I’ll try to sum up some of what those two things have taught me.
For one, market volatility is a huge negative factor in agriculture. This means, you can do everything the exact same from year to year, and your price can both increase or decrease significantly, without warning. Rising input costs (inflation… and prices never go back down…), and unstable selling prices make farming a very difficult industry to profit in.
Another downside is that many farmers, even though farming is a 365 day a year job with NO vacation, have to make time for off farm jobs. This is called diversification. They have to go out and get jobs elsewhere, or have another business that helps subsidize the cost of farming. So many small farmers these days could not pay their bills if they didn’t have an income off-farm.
Now, when you get specific about which sector of the agriculture industry you are talking about, the pros and cons vary a lot. Cattle for example, which I am more familiar with, are easily subject to things like BSE or “mad cow” happening. Though this disease is possible in each type of animal, including humans, through negative press, BSE hit the cattle industry. It has been 5 years since it happened, and cattle prices are still in the gutter. My family farm has come close to being sold off a few times. Farmers have had to re-mortgage their houses, get loans, and many of them simply threw in the towel…
Farming is a very very hard ‘job’, if you can call it that. I have always said that farming isn’t a job or a career, it’s a way of life. A farmer doesn’t leave the office and forget his worries, he comes in to the house, has a coffee and a hot meal, and wonders what tomorrow may bring. Every thing that happens in this world can affect a farmers ability to profit from what he farms. Farming is sometimes an unforgiving lifestyle… and it’s certainly not as easy to ‘quit’ and find something new…
I hope that helps you understand some of the cons of farming. That’s really just the tip of the iceberg. But don’t get me wrong, farmers are probably the kindest, friendliest, and devoted people you will ever meet…. through thick and thin, they put the food on each and every single persons table on this great earth. And if they’re real farmers, whether times are tough or times are great, they love every second of what they do.
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