Structure of the Food & Fiber Industry Linkages to the Farm Business Sector AGEC 489/689 Spring...
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Transcript of Structure of the Food & Fiber Industry Linkages to the Farm Business Sector AGEC 489/689 Spring...
Structure of the Food & Fiber Industry
Linkages to the Farm Business Sector
AGEC 489/689Spring 2010
The Farm Business Sector
General Economic Influences
General Economic Influences
General Economic Influences
General Economic Influences
Food And Fiber System
Food And Fiber System
Food And Fiber System
Food And Fiber System
Food And Fiber System
Food And Fiber System
Unique Policy Influences
Unique Policy Influences
Unique Policy Influences
Unique Policy Influences
Important Market Linkages
Important Market Linkages
Important Market Linkages
Important Market Linkages
Domestic MacroPolicy
General DomesticEconomy
Important Market LinkagesImportant Market Linkages
Farm Input
Supply Sectors
Food ProcessingAnd Fiber
Manufacturing Sectors
WholeAnd Retail
Trade Sectors
FarmPolicy
Farms andRanches
EnvironmentalPolicy
Global Macro PolicyGlobal Economy
Key point: Because farmers and ranchers are price takers in product, input, labor and credit markets, they are susceptible to trends in these other markets.
Key point: Because farmers and ranchers are price takers in product, input, labor and credit markets, they are susceptible to trends in these other markets.
FarmCredit
Markets
Farm andNon-Farm
Labor Markets