Biological transformation is the process of growth, degeneration, production, and procreation, which causes qualitative and quantitative changes in a biological asset
Biological assets are the principal assets of agricultural activities, and they are held for their transformative potential.
This results in two major types of outcomes:
- The first may involve asset changes—as through growth or quality improvement, degeneration or procreation.
- The second involves the creation of separable products initially qualifying as agricultural produce. The management of the biological transformation process is the distinguishing characteristic of agricultural activities.