AGRIBUSINESS: CONTRACT FARMING AND INDUSTRIALIZATION.

AGRIBUSINESS: CONTRACT FARMING AND INDUSTRIALIZATION. 

 The role of of agriculture in economic growth is significant to any form of globalization. Agriculture has so many facets and aspects that if properly coordinated will bring about food security and increase revenue generation. 

The higher the number of people actively involved in this sector,the greater the chances of a sustainable economy. 

The use of contract farming in the agricultural sector has the following benefits :

 1) employment opportunities. 

 2) increase revenue generation. 

 3)food security. 

 4)globalization through partnership. 

 5)broad-based learning platform.

 6)empowerment. 

 AGRIBUSINESS: CONTRACT FARMING AND INDUSTRIALIZATION. What is contract farming and how does it work?? This is basically a platform for growth both for individuals ,companies and the countries involved.

The scheme extols the benefits of various aspects of agriculture such as fish farming,piggery,cattle rearing, and poultry.The various segments are handled by professionals,who corporate with stakeholders already in the agriculture business and these seek out interested candidates in these projects.

These people undergo training for a specific period,after which they are provided with tools to start-off.These tools include chicks,drugs,feed, weaners,calves and cages. 

The tools also include spaces that are allocated at moderate prices so the farmers can afford this without affecting overhead costs. The contract farmer has access to needed tools to start the project with a memorandum of understanding which states; the expected return and time lapse. 

This scheme will allow more players in the agric sector,with access to latest innovations in the field which they can employ to rapidly turn around their investment. 

 

AGRIBUSINESS: CONTRACT FARMING AND INDUSTRIALIZATION. 

Contract farming is an empowerment model that will fast tract growth in the agriculture sector,because the companies involved in this scheme collect products for sale in international market. 

The scheme also involves buying farmers products right from the farm,so the farmer tends its products carefully to attain specified standards.

This scheme will regulate products in the market because only those that meet required specification are purchased. #contract farming # money # tomatoes # packaging #globalization,government # empowerment.