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Understanding Agriculture'S Transition Into The 21st Century: Challenges, Opportunities, Consequences And Alternatives

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  • Saxowsky, David M.
  • Duncan, Marvin R.

Abstract

Advances in production, communication and transportation technologies as well as expectations of consumers, taxpayers, business people and rural residents continue to cause changes in agriculture and rural areas. These changes pose challenges, such as increased competition, as well as offer opportunities to produce specialized products and reach new markets. The opportunities for production agriculture appear to be 1) low-cost, large-scale commodity production, 2) medium- or small-scale commodity production combined with non-farm sources of income, or 3) production and marketing of specialized products. Emerging opportunities for rural businesses appear to be in serving production agriculture and agribusinesses by meeting their unique needs. These firms also can use advancing communication technologies to reach distant markets. Many business managers are adopting strategies that will shift their firm away from perfect competition. Opportunities for rural communities lie in using technology to efficiently provide services to rural residents. The size and composition of rural communities also will be redefined by advances in communication and transportation technologies. The decision of how to pursue these opportunities require a thorough understanding of what is occurring and thoughtful deliberations.

Suggested Citation

  • Saxowsky, David M. & Duncan, Marvin R., 1998. "Understanding Agriculture'S Transition Into The 21st Century: Challenges, Opportunities, Consequences And Alternatives," Agricultural Economics Miscellaneous Reports 23112, North Dakota State University, Department of Agribusiness and Applied Economics.
    • Handle: RePEc:ags:nddmrs:23112
    DOI: 10.22004/ag.econ.23112
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    Cited by:

    1. Altair Dias de Moura & Sandra Martin & Diane Mollenkopf, 2009. "Product specification and agribusiness chain coordination: introducing the coordination differential concept," Agribusiness, John Wiley & Sons, Ltd., vol. 25(1), pages 112-127.
    2. Gary D. Lynne, 2002. "Agricultural Industrialization: A Metaeconomics Look at the Metaphors by which we Live," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 24(2), pages 410-427.
    3. Thrush, Alan J., 2003. "History, Organization And Strategies For Grain Producers And The Grain Industry In Michigan," Graduate Research Master's Degree Plan B Papers 11070, Michigan State University, Department of Agricultural, Food, and Resource Economics.
    4. Moura, Altair Dias de & Mollenkopf, Diane A. & Martin, Sandra, 2003. "Understanding The Relationship Between Product Specifications And Coordination In Agri-Business Supply Chains: An Examination Of The New Zealand Meat Industry," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 5(2), pages 1-12.
    5. Jose Blandon & Spencer Henson & Towhidul Islam, 2009. "Marketing preferences of small-scale farmers in the context of new agrifood systems: a stated choice model," Agribusiness, John Wiley & Sons, Ltd., vol. 25(2), pages 251-267.
    6. Loewe, Paula & Van der Sluis, Evert, 2000. "Socioeconomic Conditions For And Impacts Of Establishing And Operating A New Generation Cooperative: The Case Of The South Dakota Soybean Processors," 2000 Annual Meeting, June 29-July 1, 2000, Vancouver, British Columbia 36490, Western Agricultural Economics Association.
    7. Davies, Terry & Konisky, David M., 2000. "Environmental Implications of the Foodservice and Food Retail Industries," Discussion Papers 10761, Resources for the Future.
    8. Cox, Rodney J. & Johnson, Sue & Cunial, Catharine M., 2006. "Best Practice Within Australian Food Service, a Case Study: Development of quality partnerships for strategic alliances of red meat products," Australasian Agribusiness Review, University of Melbourne, Department of Agriculture and Food Systems, vol. 14.
    9. Van der Sluis, Evert & Loewe, Paula, 2000. "The South Dakota Soybean Processors Cooperative: Socioeconomic Impacts," 2000 Annual Meeting, December 12-13 31811, NCERA-194 Research on Cooperatives.

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    Keywords

    Agribusiness; Production Economics;

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