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Lecture 4

ggr 287 Lecture 4.docx

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Department
Geography
Course
GGR287H5
Professor
Pierre Desrochers
Semester
Fall

Description
02/22/2014 Lecture 4 5. Modern Agribusiness (rem)v what makes it different regular agriculture ­less framer  ­much larger supporting infrastructure *as farms have become more specialized the number of commodities produced per farm has decreases  (rem)v vertical coordination: marketing contract synchronization of successive stages of production and market with respect to  1.quantiy 2.quality 3.timing of product flow (everything need to be synchronized) why production contracting ? to incresase efficiency to obtain (or reduce cost of )financing to reduce uncertainty to gain market advantage Conclusion: main outcomes of modern agriculture ­monocultures higher yields decline in the numbers of farms and farming increases on the size of operations lower prices lower agricultural pressures on land use Commodity: Physical substance Interchangeable with another product of same type Investors buy or sell through different means Price subject to supply and demand Landrace:  Local variety of domesticated animal or plant spe Developed largely by natural processes (adaptation to its natural and cultural environment) *to a sp place Breed(formal): Bred deliberately to conform to a particular standard type Key point: *found all over Many formal breeds originate from landraces (sometimes, a particular type has both landrace and formal breed population.) Improvments For everthing: Better taste  Better appearance Greater disease/weather resistance Plants: Higher yields Shorterd growing season Longer shelf life and res
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