how big is the agriculture industry in the us

• The US farming industry contributes more than $100 billion to the US economy.
• But the farming industry is being threatened by climate change, trade wars, and a changing workforce.
• Read on for nine surprising facts about the US farming industry.
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Answer

How much does agriculture contribute to GDP?

 · What is agriculture’s share of the overall U.S. economy? Agriculture, food, and related industries contributed $1.055 trillion to the U.S. gross domestic product (GDP) in 2020, a 5.0-percent share. The output of America’s farms contributed $134.7 billion of this sum—about 0.6 percent of GDP.

Is the agriculture industry growing?

The agriculture industry is one of the largest sectors in the US, contributing over $992 billion to US GDP. Corn, soybean and wheat are the top products.

What is the history of industrial agriculture?

Agriculture supplied $1.053 trillion to the US gross domestic product in 2017, which would make it the 16th largest economy in the world if treated as …

How does agriculture affect food?

 · New Hampshire’s agricultural industry is valued around $850 million: $479 million in direct agricultural sales and horticultural products and services; and $372 million in agricultural tourism including fairs and scenic travel. Food manufacturing—from dairy and bakery products to seafood—is valued around $4.4 billion annually.

Is farming the largest industry in the US?

26 Oct. The agriculture industry is one of the largest sectors in the United States, covering a variety of segments, from farm business, to food manufacturing, to food services.

Where does the US rank in agriculture?

Agriculture, value added (current US$) – Country RankingRankCountryValue1China978,453,000,000.002India396,987,000,000.003United States178,580,000,000.004Indonesia133,480,000,000.00117 more rows

How much land in the US is used for agriculture 2020?

896,600In 2014, farms in the United States occupied a total area of approximately 913 million acres. By 2021, this amount decreased to about 895 million acres….Total area of land in United States farms from 2000 to 2021 (in 1,000 acres)*CharacteristicLand in thousand acres2021895,3002020896,6002019897,4002018899,5009 more rows

What are the top 3 agribusinesses in the US?

Fresh Del Monte Produce (NYSE:FDP) Total revenue of the company in 2019 (in millions of dollars): 4,489. … Dole Food Company. Total revenue of the company in 2019 (in millions of dollars): 4,566. … CF Industries Holding (NYSE:CF) … Seaboard Corporation (NYSEAMERICAN: SEB) … Pioneer Hi-Bred International.

What country is #1 in agriculture?

Source: Food and Agriculture Organization of the United Nations….Top Exporters.CommodityLeading country% of Global ExportsCornUnited States26% ($7.6 billion)FishChina9.2% ($6.6 billion)Palm OilIndonesia51% ($10.4 billion)RiceThailand34.5% ($6 billion)2 more rows

Which country is No 1 in agriculture?

China is the world’s largest grain producer, and its agricultural processes are highly efficient that use minimal arable lands.

What percentage of the US is agricultural?

Agricultural land (% of land area) in United States was reported at 44.36 % in 2018, according to the World Bank collection of development indicators, compiled from officially recognized sources.

What percentage of US land is agriculture?

Farms and Land In 2017, the United States had just over 2 million farms, down 3.2 percent from 2012. These farms accounted for 900.2 million acres of land in farms, or 40 percent of all U.S. land. This was a decline of 14.3 million acres (1.6 percent) from the 2012 level.

What percent of US land is used for agriculture 2021?

52 percentAgricultural production is a major use of land, accounting for roughly 52 percent of the U.S. land base.

What is the largest agriculture company in the world?

CargillTop 10 Largest Agricultural Companies in the World 2020RankName of CompanyRevenue (USD billions)1Cargill114.692ADM64.343Bayer51.184John Deere37.356 more rows•Oct 14, 2021

What is the largest agribusiness in the United States?

Cargill. Cargill is an American company that was founded in 1865. It is now the largest US privately owned corporation in terms of revenue and focuses on providing end-to-end solutions for agricultural businesses.

What is the biggest agriculture industry?

Worldwide, Cargill remains the biggest and topmost agricultural company with over USD 114 billion turnovers in 2020.

What is the agriculture industry?

The agriculture industry is one of the largest sectors in the United States, covering a variety of segments, from farm business, to food manufacturing, to food services.

How many farms are there in the US?

4. According to the latest report from the American Farm Bureau Foundation, the US currently has over 2.1 million farms. Each farm feeds 165 people annually in the country and abroad. The global population is expected to increase to 9.7 billion by 2050, which means that the world’s farmers will have to grow about 70 percent more food than what is now produced.

How much corn was produced in 2016?

7. In the corn industry, the US produced over 15.1 billion bushels of corn in 2016, increased by 11% from 2015. Total US corn yield (tons per acre) has increased more than 360 percent since 1950.

Which country exports the most corn?

As the largest corn exporter in the world, the US exports the majority of its corn (almost 30%) to Mexico. Japan imports the second-largest amount of American corn, accounting for 25% of all corn exports from the US. Colombia and South Korea are also key importers in this market. 10.

How many acres of corn were harvested in 2016?

Harvested area in 2016 was also a record largest at 82.7 million acres. Related to the Agriculture Industry in the United States. The US’ top corn exporter: Colfax Farmers Elevator Inc. The US’ top corn exporter: Grain Millers,Inc. Related industry: top wheat suppliers in the US.

How much did agriculture contribute to the US GDP in 2015?

According to the recent figures revealed by the USDA (United States Department of Agriculture), agriculture, food, and related industries contributed $992 billion to the US GDP in 2015, while the output of America’s farms contributed $136.7 billion of this sum. 2.

Which country is the largest producer of corn?

The US is the world’s largest producer and exporter of corn. Corn grain exports represent a significant source of demand for US producers and make a significant net contribution to the US agricultural trade balance. 9. As the largest corn exporter in the world, the US exports the majority of its corn (almost 30%) to Mexico.

How many farms are there in the US?

Agriculture is a major industry in the United States, which is a net exporter of food. As of the 2017 census of agriculture, there were 2.04 million farms, covering an area of 900 million acres (1,400,000 sq mi), an average of 441 acres (178 hectares) per farm.

What are some of the most important developments in agriculture?

The mechanization of farming and intensive farming have been major themes in U.S. history, including John Deere ‘s steel plow, Cyrus McCormick ‘s mechanical reaper, Eli Whitney ‘s cotton gin, and the widespread success of the Fordson tractor and the combine harvester. Modern agriculture in the U.S. ranges from hobby farms and small-scale producers to large commercial farms covering thousands of acres of cropland or rangeland .

How did the practices associated with keeping livestock contribute to the deterioration of the forests and fields?

The practices associated with keeping livestock also contributed to the deterioration of the forests and fields. Colonists would cut down the trees and then allow their cattle and livestock to graze freely in the forest and never plant more trees. The animals trampled and tore up the ground so much as to cause long-term destruction and damage.

What were the crops grown in the early colonial South?

Warmer regions saw plantings of cotton and herds of beef cattle. In the early colonial south, raising tobacco and cotton was common, especially through the use of slave labor until the Civil War. In the northeast, slaves were used in agriculture until the early 19th century.

How did European agriculture affect New England?

European agricultural practices greatly affected the New England landscape. Colonists brought livestock over from Europe which caused many changes to the land. Grazing animals required a lot of land and food and the act of grazing itself destroyed native grasses, which were being replaced by European species. New species of weeds were introduced and began to thrive as they were capable of withstanding the grazing of animals, whereas native species could not.

What are some of the agricultural products that were grown in the United States in 1921?

Main article: History of agriculture in the United States. Cotton farming on a Southern plantation in 1921. Corn, turkeys, tomatoes, potatoes, peanuts, and sunflower seeds constitute some of the major holdovers from the agricultural endowment of the Americas .

Why is agriculture dangerous?

Agriculture ranks among the most hazardous industries due to the use of chemicals and risk of injury. Farmers are at high risk for fatal and nonfatal injuries (general traumatic injury and musculoskeletal injury ), work-related lung diseases, noise-induced hearing loss, skin diseases, chemical-related illnesses, and certain cancers associated with chemical use and prolonged sun exposure. In an average year, 516 workers die doing farm work in the U.S. (1992–2005). Every day, about 243 agricultural workers suffer lost-work-time injuries, and about 5% of these result in permanent impairment. Tractor overturns are the leading cause of agriculture-related fatal injuries, and account for over 90 deaths every year. The National Institute for Occupational Safety and Health recommends the use of roll over protection structures on tractors to reduce the risk of overturn-related fatal injuries.

What industries are affected by agriculture?

The connection is not solely confined to your grocery store, either—industries affected by the agricultural sector include food/beverage service, forestry, and textiles, just to name a few.

What is the broiler chicken industry?

The broiler chicken industry is the top commodity in the state, supporting the local economy with more than 10,000 jobs. #38. Wyoming. Wyoming uses almost half of its land for agriculture, meaning the wide-open plains are both stimulating to the economy in jobs and in cattle production.

How does Stacker rank states?

Stacker ranked each U.S. state by the size of its agriculture industry.

How does Montana contribute to the economy?

Montana’s agriculture industry contributes to the state’s economy in a big way, as one in every six workers in Montana is employed in a field relating to agriculture. Known for superior genetics passed down through a history of quality breeding, Montana cattle is world-renowned.

How much hay is produced in Alaska in 2020?

Alaska’s climate is certainly unique with its abundance of sunlight and famously clean air. The state produced 24,000 tons of hay in 2020, for a combined value of $8.8 million. While Alaska’s weather is temperamental by agriculture standards, the lack of pests produces some high-quality crops.

What is the climate in Alaska?

Alaska. Alaska’s climate is certainly unique with its abundance of sunlight and famously clean air. The state produced 24,000 tons of hay in 2020, for a combined value of $8.8 million. While Alaska’s weather is temperamental by agriculture standards, the lack of pests produces some high-quality crops.

Why is it important to preserve farmland in New Jersey?

The New Jersey Department of Agriculture works to protect natural resources and land, as well as support agricultural and food-related organizations such as the National FFA Association and local soup kitchens.

How many states produce agricultural products?

U.S. agricultural production occurs in each of the 50 States. The United States produces and sells a wide variety of agricultural products across the Nation. In terms of sales value, California leads the country as the largest producer of agricultural products (crops and livestock), accounting for almost 11 percent of the national total, …

Which state has the most agricultural production?

Iowa, Texas, Nebraska, and Minnesota round out the top five agricultural-producing States, with those five representing more than a third of U.S. agricultural-output value.

What is the effect of increased crop production on inflation?

Increased productivity in crop production underlies a general decrease in inflation-adjusted prices for corn, wheat, and soybeans over the past century. This downward price trend was reversed during the past decade by global growth in population and income, increasing biofuel production, and a depreciation of the U.S. dollar, but is likely to resume from these recent higher levels as population and income growth slow, biofuel production levels off, and as the U.S. dollar strengthens.

How many acres of corn and soybeans were planted in the United States in 1990?

Since 1990, combined acreage planted to corn, wheat, soybeans, and upland cotton in the United States has ranged from 219 million to 242 million acres. Starting in the 1990s, policy changes increased planting flexibility provided to farmers.

What are the leading fruits and vegetables?

fruit and tree nut value of production has increased steadily over the past decade, while the value of vegetable production has been more stable. Grapes, apples, strawberries, and oranges top the list of fruits; tomatoes and potatoes are the leading vegetables.

How much milk is produced in 2019?

Milk output has risen 70 percent since 1980 and in 2019 exceeded 218 billion pounds per year. Genetic developments and technological improvements underlie a pronounced upward trend in milk output per cow. Consolidation in the dairy sector also has facilitated efficiency gains in milk production.

How are agricultural markets analyzed?

Markets for major agricultural commodities are typically analyzed by looking at supply-and-use conditions and implications for prices. From an economic perspective, these factors determine the market equilibrium.

What are the factors that contribute to the increase in agricultural production?

The substantial increase in total agricultural production can be attributed to the advent of new technologies, innovations, and process improvements in the farm sector. These range from improved seed varieties, genetic enhancement in livestock, advanced machinery that comes equipped with global positioning systems, and robotics, among other innovations.

What percentage of the economy was impacted by labor and land inputs between 1948 and 2017?

Between 1948 and 2017, labor and land inputs declined by 76 and 28 percent , respectively, while intermediate goods, such as energy, agricultural chemicals, purchased services, and other materials grew by 133 percent.

What innovations have enabled continued growth in farm output?

Even as land and labor used in farming declined, innovations in animal and crop genetics, chemicals, equipment and farm organization have enabled continuing growth in farm output.

What is TFP in agriculture?

Total Factor Productivity (TFP) growth is a measure of the rate of growth of total output relative to the rate of growth of total inputs. Total output comprises the aggregate of farm production including crops, livestock and livestock products, and associated services, whereas total inputs comprise land, labor, physical capital, and intermediate inputs such as fertilizers, pesticides, energy, and custom services.

What is the biggest crop in the US?

Corn is the biggest crop grown in the US, with over $50 billion worth of corn being produced in 2014, followed by soybeans, wheat and alfalfa.

How much of the world’s GDP is agriculture?

While globally agriculture accounts for around 4% of the total global GDP, that is because many developed countries have a lower focus on agriculture and more on other sectors.

How much does agriculture contribute to GDP?

The farms alone contributed around $136 billion, or 0.6% of GDP. Of course, this is just the direct contribution; many major industries rely on the output of these farms for their own production and supply, such as the food and beverage manufacturing beverages, food services, restaurants, textiles, forestry, fishing and leather among many others. The industry creates around 22 million jobs for Americans which is around 11% of the total employment in the US. On farm employment numbers are around 2.6 million people, which is 1.3% of the total employees in the US. Indirectly, the sector supports an additional 19.6 million jobs, so directly or indirectly more than 41 million employees are related to the agricultural sector.

Why is agriculture unsustainable?

Agriculture accounts for around 70% of the total water usage while also generating waste and pollution at unprecedented levels, because most countries still use old methods for agriculture which aren’t efficient , while the supply chain in the sector is also not even close to being optimal; a third of all food production goes to waste, which is heartbreaking in a world where nearly 700 million people are hungry, an increase of 60 million in just 5 years. This lack of availability of proper nutrition leads to poor diets which can causes diseases and illnesses, to the point that poor diet and its risks are the biggest cause of death globally. In fact, not having the proper nutrition doesn’t just result in starvation; some poor countries stack up on fats and unhealthy food, which is why you’ll see many poor countries among the 25 most obese countries in the world.

How old is CF Industries?

It is involved in the production of pineapples, strawberries, grapes and bananas, and is around 169 years old. 8. CF Industries Holding ( NYSE:CF) The 56 year old company is the second biggest fertilizer manufacturer in the country, and manufactures and distributes agriculture fertilizers.

How many employees does Dole Food Company have?

Dole Food Company is famous for being the biggest food and vegetable producer not just in the US, but in the world and has nearly 75,000 employees in 90 countries responsible for around 300 different products. It is involved in the production of pineapples, strawberries, grapes and bananas, and is around 169 years old.

How important is agriculture to the world?

According to the World Bank, development in agriculture is one of the most important tools we have to end extreme poverty while providing at least the basic nutrition to an ever-growing global population which is expected to reach nearly 9.7 billion by 2050.

What is agricultural products?

agricultural products Agriculture agriculture is a main industry in the US American agricultural products area of the farmlands in the US. broilers cattle products Colorado corn dairy products farming farmland fruits Iowa Kansas largest cattle producing states in the US largest farming states in the US List XFinance Montana Nebraska New Mexico …

What was the US export in 2010?

In the 2010 exportation was worth $115 billion. – Leading farm commodities in the US in terms of cash receipts in 2013 were: cattle products, corn, oil crops, dairy products, broilers, and fruits. Since the US is known as a largest beef producing country in the world, maybe you would be interested in comparing this list …

Is agriculture still a major industry?

Thus, it is no wonder that agriculture is still a main industry in the US. Even though farming is produced in every state, there are some states that are more known for the large agriculture industry.

What is the information industry?

The Information industry encompasses companies and institutions which engage in the production, transmission, processing, storing, and selling of information which includes media companies, data processing companies, law firms, and telephone companies among others. The information industry is a key pillar of the US economy and has GDP value added of $646 billion which is equivalent to 4% of the total GDP. The sector is responsible for the employment of 2% of the total labor force in the United States totaling about 2.7 million jobs.

What is the finance and insurance industry?

The Finance and Insurance sector is another top GDP contributor in the United States with the industry having a GDP value added of $1.159 trillion which is equivalent to 8% of the total GDP. The Finance and Insurance industry is made up of four distinct sectors which include insurance carriers, credit intermediation and Federal Reserve banks, commodity contracts and securities, and trusts and funds and other financial vehicles. The growth of the finance and insurance industry is critical to the US economy as it helps in the facilitation of US exports. The industry is also estimated to directly employ over 5 million people in the United States which is equivalent to 4% of the nation’s total employment.

What is the largest economy in the world?

The United States is a world economic powerhouse with the largest nominal GDP in the world, valued at 18.46 trillion dollars which translate to 22% of the world’s nominal GDP. The economy of the United States is divided into three broad categories including the service sector, the manufacturing sector, and the agricultural sector.

What is the retail trade industry?

The retail trade industry in the United States has a GDP value added of $905 billion which is equivalent to 6% of the total GDP. The industry encompasses the retailing process which is the final stage in the distribution of commodities to the final consumer.

What is government spending?

Government spending is classified into two components government investment and government final consumption expenditure. Government investment is defined as the government spending used to finance projects with future or long-term benefits such as spending on research as well as spending on infrastructure.

Overview

History

United States agriculture production in 2018

Major agricultural products

Farm type or majority enterprise type

Governance

Employment

Occupational safety and health