Bean and Grain Farming
Companies in this segment grow grains and beans such as soybeans, oilseeds, dry peas and beans, wheat, corn, rice, and oilseed and grains.
Establishments within this segment grow and sell tobacco, cotton, sugarcane, and sugar beets.
Farm Management Services
This segment is comprised of establishments that provide farm management services on a contract or fee basis.
Fish and Crustaceans
Companies in this segment raise fish, shellfish, and other aquatic animals.
Companies within the floriculture segment grow and product products including flowers, cultivated greens, foliage plants, and flower seeds.
Establishments within this segment grow fruits including, but not limited to, oranges, citrus, apples, grapes, strawberries, and other berries.
In this segment, companies raise or fatten animals in order to sell them.
Soil Preparation, Planting, and Cultivating
This segment includes companies that perform social preparation activities including plowing, fertilizing, seed bed preparation, planting, cultivating, and crop protection services.
Companies in this segment produce vegetable and melon crops, seeds, and bedding plants. Major products include potatoes, tomatoes, and lettuces.
The Agriculture industry is Fragmented. The production in this industry is divided among a few different companies, however, no single firm has large enough share of the market to be able to influence the industry's direction or price levels.
Primary Demand Drivers
- Government agricultural policy programs
- Food consumption trends
- Labor demand
- Efficient operations
From the Blog
Halloween, or All Hallows’ Eve, wouldn’t be complete without one of its most distinguishing symbols—the pumpkin. Each year, people from countries like the United States, the United Kingdom, Germany, and Ireland purchase, pick, carve, and/or display these bright orange gourds in celebration of Halloween. Pumpkins also mark an essential decoration, food staple, and representation of the fall season, and consequently have a significant place in the global economy.
In the 2000’s it was the internet, in the 2010’s it was social tech companies, the next big market disruptor of our generation is Agri-Tech. With the world population expected to reach 8.5 billion people by the mid-2030’s, and the continued degradation of the environment due to pollution, the need for more and better food is increasing.
- Hoovers (Date Accessed: 6/1/2017)