AGB Final Exam with 100% Correct
Solutions
California's largest Ag county? - ANS-Fresno
Number of jobs related to Ag? - ANS-about 10 billion
what percent of US employment is Ag - ANS-9.2%
The size of California farms relative to the U.S. average, and their ownership structure?
- ANS-Average Size of California Farms: 327 acres
Average Size of U.S. Farms: 435 acres
California farms are generally smaller than the average size farm in the U.S.
California farms are mainly family owned and operated.
At least 7 of the top 10 agriculture products produced in California in 2011 - ANS-Milk &
Cream
Almonds
Grapes
Cattle
Nursery products
Berries- All Strawberries
Hay
Lettuce
Walnuts
Tomatoes
Central Valley Water Project: Who benefits? What is the water used for? Who funds it? -
ANS-Sacremento and San Joaquin Valleys
90% Agriculture
Federally funded
State Water Project: Who benefits? What is the water used for? Who funds it? - ANS-
Los Angeles
Provides water for urban use but it is also used for Ag irrigation
Funded by the state
Colorado River Aqueduct/All American Canal: Who benefits? What is the water used
for? Who funds it? - ANS-Metropolitan Water District of Southern California. Supplies
water to San Diego and Imperial Valley but it is mostly for Ag use.
Federally Funded
, Define the unique aspects of agribusiness (8) - ANS-Food is vital to survival
Biological: depends on nature
Seasonal
Weather Uncertainty
Many types of businesses
Variety of Market Conditions
Rural Areas
Government Envolvement
Percent of income spent on food in US vs. other countries (general) - ANS-Income
spent on food in U.S.: 13%
Percent of income spent on food in other countries: much higher than ours. Japan: 17%
India 52%
Describe the food marketing bill - farm vs. marketing share - ANS-Farm share: 15.5
cents of the dollar vs. Marketing share 84.5 cents of the dollar.
Over the past 20 years the farmers value of the dollar has decreased.
We are spending more on food but the money going to farms isn't increasing.
Identify the value added to food products (dollar break-down by sector) (9) - ANS-Food
service: 31.2 cents
Food Processing: 22 cents
Retail Trade: 12.2 cents
Farm & Agribusiness: 10.8 cents
Finance & Insurance: 6.1 cents
Packaging: 4 cents
Transportation: 3.5 cents
Advertising: 2.4 cents
Legal Accounting: 2.1 cents
what are three primary segments of the food system - ANS-The Food Sector
The Production and Agricultural Sector
The Input supply Sector
Describe the Food Sector - ANS-Marketing channel: Transportantion, Paking/cooling,
sales at various levels of the marketing channel, Food processing, wholesale, retail,
Food service
Describe The Production and Agriculture Sector - ANS-Most production comes from a
small number of giant farms.
Each farmer feeds 155 people.
Describe the The Input Supply Sector - ANS-Manufacturing
Service: Financing, Farm management services, Grading and inspection, Cosnulting.
Solutions
California's largest Ag county? - ANS-Fresno
Number of jobs related to Ag? - ANS-about 10 billion
what percent of US employment is Ag - ANS-9.2%
The size of California farms relative to the U.S. average, and their ownership structure?
- ANS-Average Size of California Farms: 327 acres
Average Size of U.S. Farms: 435 acres
California farms are generally smaller than the average size farm in the U.S.
California farms are mainly family owned and operated.
At least 7 of the top 10 agriculture products produced in California in 2011 - ANS-Milk &
Cream
Almonds
Grapes
Cattle
Nursery products
Berries- All Strawberries
Hay
Lettuce
Walnuts
Tomatoes
Central Valley Water Project: Who benefits? What is the water used for? Who funds it? -
ANS-Sacremento and San Joaquin Valleys
90% Agriculture
Federally funded
State Water Project: Who benefits? What is the water used for? Who funds it? - ANS-
Los Angeles
Provides water for urban use but it is also used for Ag irrigation
Funded by the state
Colorado River Aqueduct/All American Canal: Who benefits? What is the water used
for? Who funds it? - ANS-Metropolitan Water District of Southern California. Supplies
water to San Diego and Imperial Valley but it is mostly for Ag use.
Federally Funded
, Define the unique aspects of agribusiness (8) - ANS-Food is vital to survival
Biological: depends on nature
Seasonal
Weather Uncertainty
Many types of businesses
Variety of Market Conditions
Rural Areas
Government Envolvement
Percent of income spent on food in US vs. other countries (general) - ANS-Income
spent on food in U.S.: 13%
Percent of income spent on food in other countries: much higher than ours. Japan: 17%
India 52%
Describe the food marketing bill - farm vs. marketing share - ANS-Farm share: 15.5
cents of the dollar vs. Marketing share 84.5 cents of the dollar.
Over the past 20 years the farmers value of the dollar has decreased.
We are spending more on food but the money going to farms isn't increasing.
Identify the value added to food products (dollar break-down by sector) (9) - ANS-Food
service: 31.2 cents
Food Processing: 22 cents
Retail Trade: 12.2 cents
Farm & Agribusiness: 10.8 cents
Finance & Insurance: 6.1 cents
Packaging: 4 cents
Transportation: 3.5 cents
Advertising: 2.4 cents
Legal Accounting: 2.1 cents
what are three primary segments of the food system - ANS-The Food Sector
The Production and Agricultural Sector
The Input supply Sector
Describe the Food Sector - ANS-Marketing channel: Transportantion, Paking/cooling,
sales at various levels of the marketing channel, Food processing, wholesale, retail,
Food service
Describe The Production and Agriculture Sector - ANS-Most production comes from a
small number of giant farms.
Each farmer feeds 155 people.
Describe the The Input Supply Sector - ANS-Manufacturing
Service: Financing, Farm management services, Grading and inspection, Cosnulting.
