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
Notable strikes throughout the world are making significant changes and bringing awareness to market and business faults throughout different countries. This blog discusses the Indian Farmer strikes, the Alabama Amazon strikes, and the South Korea Courier strikes.
The world population grows at a staggering rate each decade, and it is only continuing to increase. Currently, our world population is at 7 billion, but by 2050 it is estimated that the population will reach 9 billion. In order to fit the needs of the rapidly growing population, there needs to be a major increase in food production—approximately by 70%. This raises the question of how? How can the population be fed healthy, wholesome diets without harming the environment? Different countries and regions are trying to come up with solutions to fit the needs of the growing population.
- Hoovers (Date Accessed: 6/1/2017)