Introduction to Agribusiness Management. Chapter1. Introduction to Agribusiness Management. Management is the sole responsibility for decision making, and most likely will always be this. Managers use economic principles, budgets, record summaries, investment analyses, financial statements.
Examples: animals size, leanness, why? Improved measuring devices and data processing will make it easier to pay differentials. In crop production protein and oil content of grain and forages will make pricing differentials possible.
The niche market will also become important.
Foreign markets will become more important as trade barriers fall.