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This book focuses on three essential elements of agricultural supply chains: Planting and Growing, Processing and Selling, and Government Interventions. For decades, most agricultural economists applied macro-economic theory in decisions pertaining to the optimization of food production and distribution. However, few researchers used micro-economic theory to examine how individual farmers respond to market information, incentive pricing mechanisms and different market structures in the trade of agricultural goods. Examining challenges in agricultural supply chain operations through the lens of micro-economic theory is imperative because it can enable policymakers and social enterprises to develop and design market information provision policy, incentive contracts and market structures for improving farmer and consumer welfare. In each chapter, contributing authors motivate their research questions by providing the context and articulating the importance of their questions. They present their analysis to examine the respective research questions and explain their results. At the end of each chapter, they provide a short list of future research questions.

This book focuses on three essential elements of agricultural supply chains: Planting and Growing, Processing and Selling, and Government Interventions. For decades, most agricultural economists applied macro-economic theory in decisions pertaining to the optimization of food production and distribution. However, examining challenges in agricultural supply chain operations through the lens of micro-economic theory by considering how individual farmers and food processors respond to changes in market conditions is imperative because it can enable policymakers and social enterprises to develop and design market information provision policy, incentive contracts and market structures for improving farmer, processor, and consumer welfare. In each chapter, contributing authors motivate their research questions by providing the context and articulating the importance of their questions. They present their analysis to examine the respective research questions and explain their results. At the end of each chapter, they provide a short list of future research questions. "The authors of this book showed us how, through the use of information technology, appropriate government intervention, public-private sector partnerships, and the application of digital smartness, innovations can occur and great potentials can be realized." Hau Lee, Thoma Professor of Operations, Information & Technology, Stanford Graduate School of Business, Stanford University "Food security, supply and sustainability is and will be a defining global issue in the decades to come. It is essential reading for policy makers, practitioners and scholars interested in understanding and tackling the critical challenge of ensuring a sustainable food supply." Brian Tomlin, Josephine Buchanan Professor, Tuck School of Business, Dartmouth College "A perfect example of how academic research benefits the private sector. The wine industry will benefit from this insightful use of data for the entire supply chain." Steven Becker, Executive Vice President and Treasurer, Southern Glazer's Wine & Spirits "This book is an invaluable reference for global policy makers, developmental organizations, and industry leaders seeking to transform the food system to be more sustainable, nutritious and equitable." Emily Ma, Head, Food for Good, Google