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Agricultural Marketing Trend: China goes on US corn spree The term agricultural marketing has two different definitions namely: agriculture and marketing. "Agriculture", touch upon the activities fully utilizing natural resources for the public weal, and "Marketing" refers to research in the use of natural resources for the functions of marketing, channels and agencies, etc.... Therefore, agricultural marketing is a bridge between the farm and non-farm sectors. Significance and Features of Agriculture Marketing For example, Indian agricultural scenario, farmers was aware of the importance of the adoption of the growth of new production techniques these days. The Indian farmers are no more confined to produce as much needed for self-consumption but they now produce to serve the market at large and earn more revenue out of it. More, the US corn production for 2011 is projected at a record 13.5 billion bushels (343 million tons), up 1.1 billion bushels from 2010 as a 4-million-acre increase in intended plantings and a recovery from last year's weather-reduced. Lastly, the US, the world's largest producer and consumer of corn, is China's biggest agricultural supplier. It accounted for 27 percent of China's import market of food last year, reported the Global Trade Information Services, an international economic development agency that provides market information and trade data. Agricultural marketing is therefore its importance all the more with the advent of modern farming patterns. Some of the key objectives of an effective system of agricultural marketing are: -Provide better returns to primary producers. -Sufficient processing facilities to make all products who want to sell to farmers at an incentive price. -Minimize the difference in price between the main producer and consumer. -Maintaining the quality of agricultural products. Prerogatives for Agricultural Marketing There are certain privileges to use the farmers to take advantage of agricultural marketing in the best way. Some of these cardinal rights are treated by virtue of which it is said all farmers must: -A suitable storage facilities for storing perishable farm goods. -Ample amount of waiting capacity to sell his goods. As a farmer permit the sale of its raw materials as and when you want. In contrast to a situation where it must sell its entire produce just after the harvest at nominal prices. They must be equipped with facilities of low-cost transport of their products from the village to the main markets rather than selling it off in the to the village money-lenders at low prices. -Farmers should be well-equipped with the prevailing market conditions and ruling prices at a given point of time in the market. There should be fair and regulated market practices so that farmers are not deceived by intermediaries, etc.. -It must be ensured at least between farmers and end users. The lesser the middlemen's profit, the more the farmer's return would be.

Agricultural marketing trend china goes on us corn spree

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Agricultural Marketing Trend: China goes on US corn spree

The term agricultural marketing has two different definitions namely: agriculture and marketing.

"Agriculture", touch upon the activities fully utilizing natural resources for the public weal, and "Marketing"

refers to research in the use of natural resources for the functions of marketing, channels and agencies,

etc.... Therefore, agricultural marketing is a bridge between the farm and non-farm sectors.

Significance and Features of Agriculture Marketing

For example, Indian agricultural scenario, farmers was aware of the importance of the adoption of the

growth of new production techniques these days. The Indian farmers are no more confined to produce as

much needed for self-consumption but they now produce to serve the market at large and earn more

revenue out of it.

More, the US corn production for 2011 is projected at a record 13.5 billion bushels (343 million tons), up

1.1 billion bushels from 2010 as a 4-million-acre increase in intended plantings and a recovery from last

year's weather-reduced.

Lastly, the US, the world's largest producer and consumer of corn, is China's biggest agricultural supplier.

It accounted for 27 percent of China's import market of food last year, reported the Global Trade

Information Services, an international economic development agency that provides market information

and trade data.

Agricultural marketing is therefore its importance all the more with the advent of modern farming patterns.

Some of the key objectives of an effective system of agricultural marketing are:

-Provide better returns to primary producers.

-Sufficient processing facilities to make all products who want to sell to farmers at an incentive price.

-Minimize the difference in price between the main producer and consumer.

-Maintaining the quality of agricultural products.

Prerogatives for Agricultural Marketing

There are certain privileges to use the farmers to take advantage of agricultural marketing in the best way.

Some of these cardinal rights are treated by virtue of which it is said all farmers must:

-A suitable storage facilities for storing perishable farm goods.

-Ample amount of waiting capacity to sell his goods. As a farmer permit the sale of its raw materials as

and when you want. In contrast to a situation where it must sell its entire produce just after the harvest at

nominal prices.

They must be equipped with facilities of low-cost transport of their products from the village to the main

markets rather than selling it off in the to the village money-lenders at low prices.

-Farmers should be well-equipped with the prevailing market conditions and ruling prices at a given point

of time in the market. There should be fair and regulated market practices so that farmers are not

deceived by intermediaries, etc..

-It must be ensured at least between farmers and end users. The lesser the middlemen's profit, the more

the farmer's return would be.

Page 2: Agricultural marketing trend china goes on us corn spree

Hence it is not difficult to conclude that, China is hungry for more corn. To feed the need, experts predict

the world's second-biggest corn consumer will import record amounts of corn from the United States

these years.

For more farm goods information, refer to at Agricultural Marketing.