Premium Essay

Agricultural Economics Field Work

In:

Submitted By JassimNavarro
Words 561
Pages 3
I. Background Mr. Luciano Aquino Jr. is a fish vendor who lives in Floridablanca, Pampanga with his wife. He currently has no children. The interviewers do believe that he is very successful in his business because he now has a car and a beautiful house. Besides selling fish, he also breeds dogs. He believes that one should love the business he or she set up and not let vices hinder the growth of it.

II. Questions
1. What does he sell? Mr. Aquino sells tilapia and bangus.

2. Where does he get his supply and from whom? For the tilapia, he gets it delivered from Porac. For the bangus, he picks up the fish from Porac early in the morning or gets it from two friendly suppliers named Sherly and Erwin.

3. What is his buying price for the farm product that he sells?
• He buys tilapia for 83 pesos
• He buys bangus for 120 pesos.

4. What is his selling price for the farm product that he sells?
• He sells tilapia for 90 pesos
• He sells bangus is sold for 140 pesos
5. How much is your mark up over your buying price?
• For tilapia, the mark up is 7 pesos. Sometimes, it goes up to 10 pesos
• For bangus, the mark up is 20 pesos.
So his profit equation comes to:
Profit1= 7QT + 20QB-FC
Profit2= 10QT + 20QB-FC

6. How and when does he adjust prices? According to Mr. Aquino, prices are adjusted when there are storms which can lessen their produce. Less supply calls for a higher price so that supply will meet demand. Adjustments to prices also depend on the dealer.

7. What local and national government regulations does he have to follow? There is not really any specific local and national government regulations. Mr. Aquino just makes sure that he abides by the right license payment. He makes sure that he uses recyclable plastics and that the right amount/kilo of fish desired, is given to each customer. There is no ceiling price implemented by

Similar Documents

Free Essay

List of Agriculture Careers

...List of Agriculture Careers Agricultural career options go well beyond farming and ranching. If you love the idea of working with crops, animals and resources that contribute to the worldwide food supply, pursuing a career in agriculture could provide you with a rewarding and fulfilling future. Seven Types of Agricultural Careers Agriculture is big business. The industry has been around for thousands of years and, according to AgDay, approximately 22 million Americans are involved in agriculture-related industries. There are so many career possibilities, that it's easier to segment career choices by field, rather than specific jobs. 1. Agricultural Communications Agriculture is such a big business that many of the major agricultural, farming and ranching companies house departments dedicated to promoting and marketing their products. Individuals involved in agricultural communications often work as marketers, public relations experts or journalists. Common job titles include: * Market news reporter * Farm news reporter * Public relations representative * Advertising specialist * Marketing communications manager * Regional sales manager * Account manager While most of these positions will require a minimum of a bachelor's degree in business, journalism or a related field, you may be able to pursue sales jobs with limited formal education. 2. Agricultural Economics Someone has to price, broker and assess the agricultural economy from day to day and year to year...

Words: 841 - Pages: 4

Premium Essay

Agricultural Extension in India

...Agricultural Extension in India Booklet No. 380 Agricultural Extension Education: AEES-4 Content Preface I. Introduction II. Pre-Independence Era III. Post-Independence Era IV. Motivation V. Extension Methodology in India VI. Training of Extension Personnel VII. Extension Organization in India VIII. Extension and Women IX. Extension and Rural Youth X. Emerging Thoughts in Extension Preface Agricultural extension is an educational process which has its goal to help the rural people to build a better life by conveying the useful and needed information at appropriate time. It is essential for agricultural development. It plays a major part in technology transfer to the rural areas. Though the concept of agricultural extension started in early 16th century but the actual functioning started only after the second world war. Dr. K. T. Chandy, Agricultural & Environmental Education I. Introduction Agricultural extension is a branch of agriculture which assists the farmers to bring about continuous improvement in their physical, economic and social well being through individual and cooperative efforts. In other words, it helps in the development of an individual and the village community as a whole. It makes available to the farming community the scientific and technical information, training and guidance to solve the problems in agriculture including animal husbandry, gardening, horticulture, silviculture, agricultmal engineering...

Words: 7605 - Pages: 31

Premium Essay

Personnel Management Research in Agribusiness

...Personnel Management Research in Agribusiness Vera Bitsch Department of Agricultural, Food, and Resource Economics Michigan State University, 306 Agriculture Hall, East Lansing, Michigan, 48824 Tel: +517-353-9192, Fax: +517-432-1800, bitsch@msu.edu Paper presented at the 19th Annual World Forum and Symposium of the International Food and Agribusiness Management Association, Budapest, Hungary, June 20-23, 2009 Acknowledgements This study was supported by the USDA Cooperative State Research, Education and Extension Service, Hatch project #0191628. The author would also like to thank the Elton R. Smith Chair in Food & Agricultural Policy at Michigan State University for supporting the participation at the IFAMA World Forum and Symposium. Copyright 2009 by Vera Bitsch. All rights reserved. Readers may make verbatim copies of this document for non-commercial purposes by any means, provided that this copyright notice appears on all such copies. Personnel Management Research in Agribusiness (Executive Summary) One of the challenges faced by agribusinesses in the 21st century is the attraction, motivation, and retention of sufficient and qualified labor. However, personnel management research has mostly focused on other industries. Accordingly, agribusiness managers have little to rely on, when developing personnel policies and procedures. Once a business has grown beyond the labor capacity of the immediate family, personnel management becomes an issue and practices developed...

Words: 8498 - Pages: 34

Premium Essay

Chf Assessment

...College of Economics and Management 85 COLLEGE OF ECONOMICS AND MANAGEMENT Libornio S. Cabanilla, Dean Jose V. Camacho, Jr., Associate Dean Agnes T. Banzon, College Secretary Reynaldo L. Tan, Chair, Dept. of Agribusiness Management Cesar B. Quicoy, Chair, Dept. of Agricultural Economics Amelia L. Bello, Chair, Dept. of Economics The College of Economics and Management (CEM) was formally created in the 996th UP-BOR meeting, February 1987. However, the College traces its roots to the Institute of Agricultural Development and Administration (IADA)which was established in 1975, with three departments – Agricultural Economics (DAE), Economics (DE), and Management (DM), and was elevated to the College of Economics and Management from the merger of IADA with the Agricultural Credit and Cooperative Studies and the Agrarian Reform Institute in 1978. At present, CEM is composed of three departments – the Department of Agricultural Economics, the Department of Economics and the Department of Agribusiness Management. The college sees itself as a center of excellence in undergraduate and graduate instruction, research and extension in economics, agricultural and applied economics, and agribusiness management in Asia. It envisions to be an institution of higher learning that can serve as an active catalyst for economic and social transformation. Its two-fold mission is to produce graduates and future leaders with strong training in economics, agricultural and applied economics, and in agribusiness...

Words: 4255 - Pages: 18

Free Essay

Impact of Agricultural Subsidies

...WHO  REALLY  BENEFITS  FROM  AGRICULTURAL  SUBSIDIES?   EVIDENCE  FROM  FIELD-­‐LEVEL  DATA     Barrett  Kirwan   University  of  Maryland       Michael  J.  Roberts   North  Carolina  State  University     February  2010   [Preliminary  and  Incomplete]     ABSTRACT   The   idea   that   agricultural   subsidies   are   fully   capitalized   into   farmland   values   forms   the   foundation   of   the   argument   that   subsidies   are   entitlements   and   removing   them   would   drastically   reduce   farmland   asset   values.     Surprisingly   little   evidence   substantiates   this   claim.    Using  field-­‐level  data  and  explicitly  controlling  for  potentially  confounding  variables   we  find  that  landlords  only  capture  between  14  –  24  cents  of  the  marginal  subsidy  dollar.     The  duration  of  the  rental  arrangement  has  a  substantial  effect  on  the  incidence.    Initially,   landlords   extract   44   cents   of   the   marginal   subsidy   dollar,   but   the   incidence   falls   by   1.5   cents  with  each  additional  year  of ...

Words: 4143 - Pages: 17

Premium Essay

No Work

...A Study on MGNREGA and its impact on wage and work relation BY ABHISHEK THAKUR SCHOOL OF SOCIAL WORK TATA INSTITUTE OF SOCIAL SCIENCES DEONAR, MUMBAI-400 088 2011 A Study on MGNREGA and its impact on wage and work relation A Project Report Submitted to Academic Council of the Tata Institute of Social Sciences, In partial fulfillment of the requirements for the Degree of Master’s of Arts in Social Work By Abhishek Thakur School of Social work TATA INSTITUTE OF SOCIAL SCIENCES Deonar, Mumbai-400 088 2011 Dr. Manish K. Jha (Research Guide) Signature of Research Guide Date: 3rd March, 2011 Declaration I, Abhishek Thakur, hereby declare that this dissertation titled “A Study on MGNREGA and its impact on wage and work relation” is the outcome of my own study undertaken under the guidance of Dr. Manish. K. Jha, Associate Professor, Centre for Community Organization and Development, School of Social Work , Tata Institute of Social Sciences, Mumbai. It has not previously formed the basis for the award of any degree, diploma or certificate of this institute or any other institute or university. I have duly acknowledged all the sources use by me in the preparation of this dissertation. Mr. Abhishek Thakur Date: 3rd March’ 2011 Certificate This is to certify that the dissertation titled “A Study on MGNREGA and its impact on wage and work relation” is the record of the original work done by Mr. Abhishek Thakur under my guidance. The results...

Words: 30402 - Pages: 122

Premium Essay

One Great Love

...Fuel from the Fields Charcoal B a c k g r o u n d More than 2 billion people use wood, charcoal, dung or agricultural residues as the primary fuel for their cooking and heating needs, leading to significant health, economic and environmental consequences. Burning wood or agricultural residues produces smoke with a variety of irritant pollutants, some of which are known carcinogens. More than 1.5 million deaths a year are caused by acute respiratory infections from breathing smoke from indoor cooking fires. Women and children are generally exposed to the greatest levels of pollutants and it is children who suffer the greatest health risk – respiratory infections are the leading cause of death of young children worldwide. Small-scale subsistence farmers who make less than US$2 per day may use wood charcoal for cooking fuel. In areas where wood is scarce and farmers are not able to collect it themselves, the cost of cooking fuel is a significant drain on their limited resources. An estimated 50 billion hours are spent collecting firewood each year and families can spend over 25% of their income on fuel, leaving them with less income to cover other basic needs such as medicine, food and clean water. For comparison, even the poorest 20% of the U.S. population spends only 1% of their income on energy for their household. In the year 2000, indoor air pollution from solid fuel use was responsible for more than 1.6 million annual deaths and 2.7% of the global burden of disease. -World...

Words: 1677 - Pages: 7

Premium Essay

Scientific Paper

...Science Daily Using Less Water to Grow More Potatoes ScienceDaily (Sep. 1, 2011) — Research conducted in part at the U.S. Department of Agriculture (USDA) has confirmed that in some production systems, planting potatoes in flat beds can increase irrigation water use efficiency. Agricultural Research Service (ARS) agricultural engineer Bradley King, who works at the ARS Northwest Irrigation and Soils Research Laboratory in Kimberly, Idaho, was one of the scientists who led these studies. ARS is USDA's chief intramural scientific research agency, and this research supports the USDA commitment to enhancing sustainable agriculture. When potato production started in Idaho more than 100 years ago, farmers seeded their crops in ridged rows and watered their plants by channeling surface irrigation to flow through the furrows between the rows. Even though most commercial potato producers in the Pacific Northwest now irrigate their crops with sprinklers, they still typically use ridged-row planting systems. But this planting configuration allows irrigation runoff to collect in the furrow and percolate below the crop root zone. This means that the water is unavailable to the crops, and can also lead to increased nitrate leaching from the soil. King and his partners conducted a series of studies on planting potatoes in flat beds instead of ridged rows. One two-year study compared ridge-row planting systems, a 5-row planting configuration on a raised bed where the plant rows were 26...

Words: 3777 - Pages: 16

Free Essay

Research

...world and communities alike, certain areas or communities are of more concern in relation with agricultural sustainability compared to others. As such this course is taught on the foundation of both classical and practical concepts, in accordance with standard academic programs that tackle modern and global issues based on a foundation of an integration of science and the liberal arts. Furthermore, the course involves research into fields such as sustainability of the environment, agricultural advancements, food systems, nutritional and health concerns, security of food systems biological sciences, economic development and communication of agricultural and life systems information. On the whole the academic course is meant to be a means of preparation for students seeking to pursue careers, in agricultural based institutions and instructors or educational specialists for non-profit organizations and government based institutions. A college degree in agricultural and life sciences enables students acquire a wide knowledge base of agricultural skills, which enables them acquire skills in areas such as decision making, organizational planning, presentation and information evaluation. All these skills are acquire upon completion of required course units as well as after active participation in college affiliated student clubs or groups, were subsequent skills are later acquired through work experience, internship, travelling abroad as well as extended student programs. The main areas...

Words: 658 - Pages: 3

Free Essay

Factors Affecting Coffee Production

...SMALLHOLDER COFFEE PRODUCTION IN KARAGWE DISTRICT, TANZANIA FACTORS AFFECTING SMALLHOLDER COFFEE PRODUCTION IN KARAGWE DISTRICT, TANZANIA By Rodrick Wilbroad Mugishagwe A Dissertation Submitted in Partial/Fulfilment of the Requirements for the Degree of Masters of Science in Economics (Project Planning and Management) of Mzumbe University 2015 CERTIFICATION We, the undersigned, certify that we have read and hereby recommend for acceptance by the Mzumbe University, A dissertation entitled Factors Affecting Smallholder Coffee Production in Karagwe District, Tanzania, in partial/fulfilment of the requirements for award of the degree of Master of Science in Economics (Project Planning and Management) of Mzumbe University. ___________________________ Major Supervisor ___________________________ Internal Examiner External Examiner Accepted for the Board of ………………………………… _________________ DEAN/DIRECTOR, FACULTY/DIRECTORATE/SCHOOL/BOARD DECLARATION AND COPYRIGHT I, Rodrick Wilbroad Mugishagwe, declare that this dissertation is my own original work and that it has not been presented and will not be presented at any other University for a similar or any other degree award. Signature ____________________________ Date ________________________________ © This dissertation is a copyright material protected under the Berne Convention, the Copyright Act 1999 and other...

Words: 14962 - Pages: 60

Premium Essay

An Assessment of Women Participation in Farm Household Income: a Study in Some Selected Areas of Mymensingh District of Bangladesh

...IRJALS (2013) Vol. 02 Issue. 04 Article No. 03 Full length Original Research Paper An assessment of women participation in farm household income: a study in some selected areas of Mymensingh district of Bangladesh S. Parveen1, M. R. Hossain1*, A. K. M. G. Kausar2, M. M. A. Shibli1, M. M. Rahhan3 and J. U. Ahmed4 1 Former 2 Former M.S. Students, Dept. of Agricultural Economics, Bangladesh Agricultural University, Mymensingh, Bangladesh M.S. Student, Dept. of Agribusiness and Marketing, Bangladesh Agricultural University, Mymensingh, Bangladesh 3 Former Student, Faculty of Agricultural Economics and Rural Sociology, Bangladesh Agricultural University, Mymensingh, Bangladesh 4Associate professor, Dept. of Agricultural Economics and Policy, Sylhet Agricultural University, Sylhet, Bangladesh *Corresponding authors e-mail: bestboyisrajib@gmail.com Article History Received: 4.8.2013 Accepted: 31.8.2013 Published: 15.11.2013 Key words: Women empowerment, Household income, Gender role ABSTRACT The present study attempted to make visible the participation of rural women in farm activities, their contribution in generating household income and decision making power. The study was conducted in two villages namely Monkanda and Char Shahpur under Fulpur upazila of Mymensingh district. A total of 60 sample farmers (20 small, 20 medium, 20 large farmers) were selected by using stratified random sampling method. A pre-tested interview schedule used to collect data from respondents...

Words: 4617 - Pages: 19

Premium Essay

Land Ocean and Climate

...Credits 2 2 2 2 2 2 2 2 1 17 Credits Level 1. 2. 3. 4. 5. 6. 7. 8. First Semester Climatology and Biogeography General Agriculture Anatomy and Physiology of Farm Animals Crop Anatomy, Taxonomy and Physiology Principles of Soil Science Principles of Agricultural Economics Introduction to Forestry Resource Manag~ment Introduction to Biotechnology Sub-Total 8. 9. 10 11. 12. 13. 14. 15. 16. Second Semester Principles of Animal Production Principles of Crop Production Principles of Food Science and Technology Introductory Biochemistry Introduction to Computers Introduction to Fisheries & Wildlife Introductory Statistics Entrepreneurial Studies I Introduction to Home Economics Sub-Total Credits 3 3 2 2 2 2 2 2 18 Credits Credits 2 2 2 2 3 2 2 2 2 19 Credits Total = 37 Credits All courses are core-courses for Agriculture, Fisheries and Forestry. 300 1. 2. 3. 4. 5. 6. 7. 8. Level First Semester l\Ion-ruminant Animal Production Arable Crop Production Introduction to Soil Pedology and Physics Introduction to Agricultural Extension and Rural Sociology Introduction to Farm Machinery Applications of Computer to Agricultural Production Crop Genetics and Breeding Introduction to Farm Management and Production Economics Sub-Total 9. 10. 11. 12. 13. 14. 15. 16....

Words: 20312 - Pages: 82

Free Essay

Oooo

... Background Oxfam International (OI) is a confederation of 13 organizations working together with over 3,000 partner organizations in more than 100 countries to find lasting solutions to poverty, suffering and injustice. Currently Ol, with an objective to ensure Economic Justice, has initiated a global campaign with national focuses. Bangladesh has been selected as one of the ten focus countries across the globe. This has resulted into the Campaign for Sustainable Rural Livelihoods (CSRL) in Bangladesh with a view to seeing that more women and men living in poverty with vulnerable livelihoods in rural areas will realize their right to secure sustainable livelihoods. This will require Oxfam to contributing to equality with growth, the empowerment of women and men to demand their economic rights, and reducing the vulnerability of poor women and men. Under the framework- agriculture, climate change and trade policy have been identified as three major areas to address and work on to reduce rural poverty and vulnerability. Nearly 70 non-government organizations are now part of the campaign in Bangladesh. The Campaign’s goal and objective necessitate OI’s basic campaign activities like, research, advocacy, media works and popular mobilization (pop-mob) to advance the...

Words: 3255 - Pages: 14

Free Essay

Business

...emphasizes the importance of people's participation (i.e., intended beneficiaries such as fields extension workers and small farmers) in strategic planning, systematic management, and field implementation of agricultural extension and training programmes (see Fig. 2-4). Its extension strategies and messages are specifically developed and tailored based on the results of a participatory problem identification process on the causes or reasons of farmers' non-adoption, or inappropriate practices, of a given recommended agricultural technology or innovation. The SEC technology transfer and application approach is needs-based, demand-driven, and has a problem-solving orientation. The Strategic Extension Campaign (SEC) is not an alternative to the conventional extension programme or activity. SEC is, and should be, an integral part of the programmes of an agricultural extension service. The effectiveness and efficiency of such a service could be increased due to SEC's emphasis on its problem-solving orientation, participatory planning approach, intensive extension personnel training, multi-media materials development, and extension manage meet, monitoring and evaluation procedures. Its activities should be carried out by extension personnel and to support the Ministry of Agriculture's policies, strategies and priority programmes. The strategic extension campaign is useful and important to an agricultural extension service due to the following: 1 | It Advocates a Participatory Planning Approach...

Words: 2762 - Pages: 12

Free Essay

Hbthbrhr

...Problems of the Russian agriculture Difficulties in the development of domestic agriculture have been and remain a consequence of underestimating the state's role in the formation of a national agricultural policy, the lack of the necessary logistical and financial support for the industry. This led to a skewed when domestic food in relation to the subsidized import was uncompetitive. It has become more expensive imported and widely displaced from the Russian market. Production of high-quality and productive agricultural machinery is also not well developed in Russia. Farmers choose the best and buy the imported tractors and seeders. Russia has also developed the production of high quality and productive agricultural machinery; farmers choose the best and buy the imported tractors and seeders. Is it possible to change the situation? It is already changed. Prospects for the development of agriculture in Russia A powerful impetus for renewing the country's economy, its improvement and promotion of economic development have become the priority national projects, including "Development of agriculture (agriculture)", which in a short time had to solve the most pressing problems of the village. In recognition of this country's agro-industrial complex national priority should be seen as a turning point for farmers to labor, agriculture, as a confirmation that it is one of the main sectors of the economy, ensuring the stability of the lives of citizens and the country's food security...

Words: 2837 - Pages: 12