Agriculture is a big and varied business that involves more than just planting crops and rearing livestock. It is now a multi-level, ‘farm to global consumers’ table’ kind of business. It encompasses the spectrum from food processing to sales and marketing of all types of agricultural commodities. Further, the supply chain is complex, diversified, and global, providing plenty of opportunities for the savvy entrepreneur.
With the advent of technology, agribusiness now includes using Artificial Intelligence (AI) and big data to improve farming techniques. In Singapore, this translates to high-tech farming solutions that utilise space and resources. For example, aquaculture farmers adopt multi-use technology by planting vegetables atop their fish farms. Vertical farming is also popular and spaces such as rooftops and shopping malls are being conscripted for the agribusiness.
SOURCE: CIRCLE SEEDS
