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November 16, 2010 12:08 PM Eastern Daylight Time 

Research and Markets: Agriculture Crop Production in the US: Industry Includes About 1 Million Farms, Such As Dole Food Company, With Combined Annual Revenue of More Than $140 Billion

DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/43d696/agriculture_crop_p) has announced the addition of the "Agriculture Crop Production" report to their offering.

First Research is the leading industry intelligence company that helps sales teams perform faster and smarter, open doors, and close more deals. First Research performs the "heavy lifting" by synthesizing hundreds of sources into an easy to digest format that a sales person can consume very quickly to better understand a prospect's business issues.

Executive Summary

Brief Excerpt from Industry Overview Chapter:

The US agricultural crop production industry includes about 1 million farms with combined annual revenue of more than $140 billion. Major companies include Dole Food Company, Chiquita Brands International, and Fresh Del Monte Produce. Some segments are concentrated, but as a whole, the industry is fragmented: 10 percent of companies account for 40 percent of revenue.

Crop farming is the growing and harvesting of field crops such as grain, oilseeds, tobacco, dry beans, potatoes, vegetables and melons, fruits and nuts, and floriculture.

COMPETITIVE LANDSCAPE

Demand is driven by federal agricultural policy programs, food consumption trends, and the grain and oilseed export market. The profitability of individual companies depends on maximizing crop yield and minimizing disease risk. Large companies have advantages in highly automated technologies and access to the latest in seed and crop technologies. Small operations can compete effectively by harvesting heirloom, non-genetically modified (GM), or specialty products.

PRODUCTS, OPERATIONS & TECHNOLOGY

Major products are corn (28 percent of industry revenue); soybeans (14 percent); fruits and nuts (12 percent); and wheat (7 percent). Other major crops include vegetables and melons, cotton, and potatoes. Of all farms, 48 percent are grain, oilseed, or dry beans/peas, accounting for 53 percent of all cropland revenue.

Crop farming operations consist of soil preparation; planting; application of fertilizer, pesticides, and water; and harvesting.

Key Topics Covered:

  • Industry Overview
  • Quarterly Industry Update
  • Business Challenges
  • Trends AND Opportunities
  • Call Preparation Questions
  • Financial Information
  • Industry Forecast
  • Website and Media Links
  • Glossary of Acronyms

For more information visit http://www.researchandmarkets.com/research/43d696/agriculture_crop_p

Source: First Research

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Laura Wood, Senior Manager,
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