Processing of agricultural product is an important component of resource-type industries, and the base of light industry.
The context is the argument that liberalisation of agricultural product markets will encourage the sustainable use of environmental resources.
Although the location theory of industry has received much attention in the literature, Hsu (1997) has demonstrated that the theory developed to date is not applicable to an agroindustry, that is, the industry of processing the agricultural product.
From the viewpoint of budgets, the budget share of the Farmland Improvement Project (FIP) in annual national public works budgets decreased in close correlation with percentages of gross agricultural product in gross domestic product (GDP).
In particular, the article seeks to provide an assessment of the impact of the agricultural sector on economic growth as measured by Simon Kuznets' models and propositions in relation to agricultural product and labor contribution.
Specifically, the subtraction of the sum of these two items from net farm products results in an estimate of net farm income.
It's a tough year on farmers as well as on industries that use farm products.
Commission on industrial uses of farm products makes final report to Congress
We have outlined here what we consider to be some of the prime factors influencing the price structure for farm products.
Forty-six percent of the total non-gaseous nitrogen influx was removed as farm products, 53 percent either accumulated in the watershed or was lost in gaseous forms, and 1 percent entered the Rhode River.