"Vertical Integration and the South Dakota Farmer" by Lyle M. Bender, Arthur W. Anderson et al.
 

Document Type

Circular

Type

text

Format

PDF

Publication Date

5-1959

Publisher

Agricultural Extension Service, South Dakota State College

Circular No.

0569

Pages

16

Description

Agriculture is undergoing some vast structural changes. These changes can be most readily seen in the way our methods of production and marketing are being organized, and in the tools with which we work. Technology has given us new or improved machines and equipment, improved crop varieties and livestock, and new or improved feeds and other farm production items. Most of this new technology in agriculture has increased production, saved labor, and increased the use of capital. The organizational revolution, which is now receiving most attention, involves farms as production and marketing units, and non-farm business units supplying production items and marketing services. These changes are best described· by the term "Integration." Integration not only affects the marketing methods of farmers and ranchers, but also affects the organization of the farm business. Integration links the farm more closely with non-farm businesses. The major objectives of this circular are to describe the nature of integration, indicate the extent of current developments, show how it may affect the management of farms, and set forth some of the economic consequences associated with integration.

Language

English

Included in

Agriculture Commons

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