IDEAS home Printed from https://ideas.repec.org/a/ags/agreko/54219.html
   My bibliography  Save this article

Characteristics of the agricultural sector of the 21st Century

Author

Listed:
  • Troskie, Dirk P.
  • Mathijs, Erik
  • Vink, Nick

Abstract

The objective of this paper is to identify some of the salient characteristics of agriculture in the new millennium. The driving force behind economic change is technology and information, and information and knowledge will replace land, labour and capital as the sources of wealth in agriculture. The resultant cognitive-technical complex in farm production will lead to the true industrialisation of farming and thus placing the traditional family farmer at a distinct disadvantage. Technology developments combined with inverse population growth and ageing population, will not only negate Malthusian visions, but also lead to downward pressure on farm commodity prices, and thus increase the adoption rates of new technology. However, in reaction to the increasingly complex nature of modern society a demand is developing for terroir-based products. This range of products may not only significantly change some characteristics of agriculture, but also provide a new set of opportunities for farmers. Agricultural policy and development strategies should also be reconsidered in the light of this new environment.

Suggested Citation

  • Troskie, Dirk P. & Mathijs, Erik & Vink, Nick, 2000. "Characteristics of the agricultural sector of the 21st Century," Agrekon, Agricultural Economics Association of South Africa (AEASA), vol. 39(4), December.
  • Handle: RePEc:ags:agreko:54219
    as

    Download full text from publisher

    File URL: http://purl.umn.edu/54219
    Download Restriction: no

    References listed on IDEAS

    as
    1. Harl, Neil E., 2000. "The Age Of Contract Agriculture: Consequences Of Concentration In Input Supply," Journal of Agribusiness, Agricultural Economics Association of Georgia, vol. 18(1), March.
    2. Susan Offutt & Katherine R. Smith & Nicole Ballenger, 1998. "Have Farmers Lost Their Uniqueness? Comment," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 20(1), pages 203-205.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Agricultural and Food Policy;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:agreko:54219. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search). General contact details of provider: http://edirc.repec.org/data/aeasaea.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.