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 big is the agriculture industry in the United States?
The United States’ (US) agricultural sector produces over $300 billion in commodities annually and employs millions of people.
What are the biggest agricultural products in the United States?
List of the 20 Biggest Agricultural Products in the United States Rank Agricultural Product Production in 2013 (millions of tonnes) 1 Corn 354.0 2 Cow’s milk (whole, fresh) 91.0 3 Soybeans 89.0 4 Wheat 58.0 16 more rows …
How much does the largest agricultural company earn each year?
These companies earn billions in revenue each year while the biggest agricultural company in the US has a revenue of over $100 billion. Even the lowest company in this list earns over $4 billion in revenue.
Which US states have the most agricultural land?
Alabama, at 1.6 million acres, Washington, at 1.5 million acres, and Michigan, at 1.3 million acres, round out the top five, according to the Midwest Center’s analysis. ^ “Latest U.S. Agricultural Trade Data.” Archived 2019-10-13 at the Wayback Machine USDA Economic Research Service. Ed. Stephen MacDonald. USDA, 6 Sept. 2018.
How big is the agriculture industry in the US?
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 agriculture the biggest industry?
Agriculture is the world’s largest industry. It employs more than one billion people and generates over $1.3 trillion dollars worth of food annually. Pasture and cropland occupy around 50 percent of the Earth’s habitable land and provide habitat and food for a multitude of species.
Is agriculture a major industry?
The agricultural industry, which includes enterprises engaged in growing crops, raising fish and animals, and logging wood, encompasses farms, dairies, hatcheries, and ranches. It is a major industry in the United States.
What rank is the US in agriculture?
3Agriculture, value added (current US$) – Country RankingRankCountryValue1China978,453,000,000.002India396,987,000,000.003United States178,580,000,000.004Indonesia133,480,000,000.00117 more rows
What is America’s biggest industry?
The 10 Biggest Industries by Revenue in the USDrug, Cosmetic & Toiletry Wholesaling in the US. … Hospitals in the US. … New Car Dealers in the US. … Life Insurance & Annuities in the US. … Pharmaceuticals Wholesaling. … Public Schools in the US. … Supermarkets & Grocery Stores in the US. $758.4B.Commercial Banking in the US. $703.4B.More items…
What percentage of the US economy is based on agriculture?
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.
How big is the global agriculture industry?
“According to the report, the global Smart Agriculture market is predicted to be valued at approximately USD 15.3 Billion in 2020 and is expected to reach a value of around USD 22.5 Billion by 2026, at a CAGR of around 8.9% between 2021 and 2026.”…Report AttributeDetailsForecast Year2021-20268 more rows•Oct 18, 2021
Which sector contributes most to US GDP?
In 2018, the agriculture sector contributed around 0.86 percent to the Gross Domestic Product (GDP) of the United States. In that same year, 18.64 percent came from industry, and the service sector contributed the most to the GDP, at 76.89 percent.
What percent of the US population is involved in agriculture?
While farmland may stretch far and wide, farmers and ranchers themselves make up just 1.3% of the employed US population, totaling around 2.6 million people. Today, there are about 2 million farms in operation in the US, a steep decline from 1935, when the number of farms peaked at nearly 7 million.
What country is #1 in agriculture?
Key Takeaways. The world’s top food-producing countries—China, India, the U.S., and Brazil—also rank in the top 10 by land area. China is the world’s largest grain producer, yet has grown more dependent on food imports in recent decades. Much of India’s output is produced by subsistence farmers and consumed locally.
Which country has the most agriculture?
1. China, mainland. China is a country that has the largest agricultural land area with a total area of 527 million hectares. Some of the lands are used to produce various food crops such as wheat (Triticum L.), rice (Oryza sativa), corn (Zea maize), sugarcane (Saccharum officinarum), and potatoes (Solanum tuberosum).
Which country is the best in agriculture in the world?
China is the top country by gross value of agricultural production in the world. As of 2018, gross value of agricultural production in China was 883,658,208 million US dollars that accounts for 24.97% of the world’s gross value of agricultural production.
What is the biggest crop in the United States?
Sorghum, barley, and oats are also used for feed. The nation’s biggest crop is corn , and the United States is the world’s largest producer. 5 The 90-million acre “corn belt” is mostly in Illinois, Indiana, Iowa, Missouri, and Nebraska. 6 Corn is also used for cereal, alcohol, and corn syrup.
How much revenue does agriculture generate?
In the United States, agriculture generated $374 billion in revenue in 2018, when adjusted for inflation. Around 75% of this income was from meat and feed for the animals that produce it. 4 By comparison, just 17% of U.S. agricultural receipts were from non-meat food for people. This includes fruits, nuts, vegetables, wheat, and rice. The remaining 10% of receipts were from cotton, tobacco, and miscellaneous products.
What was the largest export in 2018?
Exports totaled $143.4 billion in 2018. 11 Until 2018, China was the largest export recipient. But the trade war initiated by President Donald Trump reduced exports of soybeans and other agricultural products. 12 As a result, Canada became the largest export market in 2018: 13
Why are antibiotics used in agriculture?
To prevent illnesses from these cramped conditions, animals are fed antibiotics. In 1951, the Federal Drug Administration approved antibiotic use because it also increases weight gain of the animals. 19 Some scientists estimate that 80% of all antibiotics sold are used in agriculture.
Why is food supply important?
America’s food supply must be protected from extreme weather like droughts, tornadoes, and hurricanes. The government has a role in ensuring food production during wars, recessions, and other economic crises. Food production is considered to be more important to the nation’s welfare than other business products.
Why is sustainable agriculture important?
22 It’s called sustainable because it doesn’t degrade the natural resources needed for future farming.
How much do small farms make?
Despite this, most small farms only make $350,000 a year before costs. U.S. agriculture is dominated by the 3% of farms that are large or very large. Large farms have an income of $1 million or more. 1 These large farms are successful because they focus on one crop.
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.
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 much corn did the US produce in 2016?
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. 8. The US is the world’s largest producer and exporter of corn.
What is the second highest crop in the US?
10. Soybean is the second highest produced crop in the US, after corn. Soybean production in the US totalled a record high of 4.31 billion bushels in 2016, up by 105 from 2015. The average soybean yield is estimated at a record high 52.1 bushels per acre, 4.1 bushels above last year’s yield.
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.
What is the agriculture sector?
The U.S. agriculture sector extends beyond the farm business to include a range of farm-related industries. The largest of these are food service and food manufacturing. Americans’ expenditures on food amount to 13 percent of household budgets on average. Among Federal Government outlays on farm and food programs, …
What are the sectors of agriculture?
Sectors related to agriculture include: food and beverage manufacturing; food and beverage stores; food services and eating and drinking places; textiles, apparel, and leather products; and forestry and fishing.
How many jobs are there in agriculture in 2019?
In 2019, 22.2 million full- and part-time jobs were related to the agricultural and food sectors—10.9 percent of total U.S. employment. Direct on-farm employment accounted for about 2.6 million of these jobs, or 1.3 percent of U.S. employment. Employment in agriculture- and food-related industries supported another 19.6 million jobs.
How much does agriculture contribute to GDP?
Agriculture, food, and related industries contributed $1.109 trillion to the U.S. gross domestic product (GDP) in 2019, a 5.2-percent share. The output of America’s farms contributed $136.1 billion of this sum—about 0.6 percent of GDP.
How many people are employed in the food and beverage industry in 2019?
In 2019, the U.S. food and beverage manufacturing sector employed 1.7 million people, or just over 1.1 percent of all U.S. nonfarm employment.
Which countries are involved in farming?
The principal countries/regions of origin were Canada, the European Union, and Mexico. Farming also involves significant production costs. A closer look at the composition of these costs shows that feed made up the largest share, followed by costs associated with farm services, livestock and poultry.
Which country has the highest acreage of genetically modified crops?
Over the last decade, the issue of genetic engineering has increasingly been on the agenda. The United States has by far the highest acreage of genetically modified crops worldwide. Some crops have a very high share of GM crops per species.
Is the United States a leading agricultural producer?
Thanks to its natural resources and land conditions, the United States was always destined to be one of the world’s leading agricultural producers and suppliers.
What is the US wheat crop?
The United States is the fourth-largest producer of wheat after China, India, and Russia. It is the third most-produced crop in the US after corn and soybeans. The country produced about 50 million tonnes on 46 million acres in 2018, compared to 58 million tones on 50 million acres in 2013. The declining production of wheat is attributed to lower returns, changes in government policies, and increased global competition. Countries that traditionally imported US wheat, including China and many in the European Union, are now large-scale producers.
Where is corn grown in the US?
Approximately 90% of US corn is produced in the Corn Belt, which includes the state of Iowa, Nebraska, Minnesota, Illinois, Indiana, Texas, and Alabama. Alaska is also a major producer of corn.
What are the challenges faced by farmers?
Despite the progress achieved over the past century, US farmers face similar challenges as those experienced in the 18th and 19th centuries. Weeds, insects, and crop diseases are among the traditional challenges, while new problems include climate change and competition from other countries such as China. Heavy and frequent rainfall erodes so il and damage roots, preventing plants from reaching maturity. Extreme floods, especially along major rivers like the Missouri and Mississippi, lead to massive losses such as the $8 billion loss experienced in 2008. The European corn borer thrives in warm and wet conditions, such as those in the Corn Belt, and as a result, the pest has caused millions of dollars in losses each year. However, despite these setbacks, the United States remains a significant player in the global agriculture market.
What is the biggest commodity in the US?
Corn is America’s biggest agricultural commodity. The United States’ (US) agricultural sector produces over $300 billion in commodities annually and employs millions of people. At the start of the decade, American farmers owned over 2.2 million farms, and although agriculture is practiced in every US state, it is concentrated in the Great Plains …
How many states produce milk?
Milk is produced in all 50 US states, but California, Pennsylvania, Wisconsin, Idaho, and New York are the large-scale producers. Large dairy farms can contain as many as 15,000 cows, while smaller farms have an average of about 30. In addition to direct consumption, milk is also used to produce dairy products such as yogurt and cheese.
What is the Southern US?
The Southern US was a major producer of rice, tobacco, and cotton, but the sector has declined over the past century. The United States is a leader in seed development and improvement, including hybridization, and is expanding the use of agricultural products beyond only food and into biofuels and bioplastics. …
Where is the most milk produced in the world?
The United States is also the world’s top producer of cow’s milk. In 2018, the country produced 98.7 million tonnes, representing a one million tonne increase compared to 2017. India produces more milk than the US, but a large percentage of its total comes from buffaloes rather than cows. Milk is produced in all 50 US states, but California, Pennsylvania, Wisconsin, Idaho, and New York are the large-scale producers. Large dairy farms can contain as many as 15,000 cows, while smaller farms have an average of about 30. In addition to direct consumption, milk is also used to produce dairy products such as yogurt and cheese. Importers of US milk include Mexico, Saudi Arabia, China, and Canada.
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.
How much of Mississippi’s workforce is agriculture?
Agriculture employs 29% of the Mississippi’s workforce, directly and indirectly. Despite the devastating economic effects of COVID-19, Mississippi farmers generated around $7.35 billion in agricultural value in 2020, up 5% from 2019.
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 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.
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.
Which state produces the most sugarcane?
Louisiana is a leader in sugarcane production for the U.S. #29. Montana. 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.
Which country has the largest economy?
It’s no secret that the United States has the largest thriving economy in the world and holds a high percentage of the global wealth. However, not everyone gives much thought to the leading industries that earn the highest revenue within the United States economy.
What is the service industry?
The Professional and Business Services industry is a huge component of the United States economy, and accounts for over 80% of American jobs. Service industry jobs can include anything from engineering and computer development to landscaping and car detailing.
How many local governments are there in the US?
State and local governments employ over 19 million people, and there are around 90,000 local governments in the United States!
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 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.
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 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.
Is agriculture the most important industry in the world?
Agriculture is one of the most important industries in the world, and this cannot be understated at all. While it may not be the primary industry in the world as it used to be not very long and had been for thousands of years, it is still absolutely integral to the world and its population.
U.S. Agriculture Components
U.S. Meat Production
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Half of U.S. agriculture revenue is from meat production.4Most of this is cattle, dairy, poultry, hogs, and eggs. A smaller proportion is bison, rabbits, sheep, goats, and ostriches. The United States is the world’s largest beef producer.8 Large farms with 100 or more head of cattle produce 56% of all beef cows.9The cattle forage on grasslands before they are shipped to grain feedlots …
Agricultural Exports
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Exports totaled $143.4 billion in 2018.11 Until 2018, China was the largest export recipient, but the trade war initiated by President Donald Trump reduced exports of soybeans and other agricultural products.12 As a result, Canada became the largest export market in 2018.13 1. Canada: $20.7 billion 2. Mexico: $19.0 billion 3. European Union: $13.5 billion 4. Japan: $12.9 billion 5. China: $…
Industrial Agriculture
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The success of modern U.S. farming is a result of industrial agriculture. This is when mass-production techniques are used to create food. A big component is monocultural growing of the same crop in the same large field. Chemical fertilizers, pesticides, and feed additives must be used to boost production. Between 1948 and 2015, industrial agriculture doubled U.S. farm prod…
Sustainable Agriculture
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In response to the issues of industrial agriculture, many farmers are adopting more sustainable techniques. Sustainable agriculture incorporates environmental, animal, and farmworker well-being into a profitable business model. It uses methods that improve soil health, minimize water use, and reduce pollution levels.22 It’s called sustainable because it doesn’t degrade the natural …
The Important Role of The U.S. Department of Agriculture
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The U.S. Department of Agriculture (USDA) plays a huge role in supporting the U.S. agriculture industry. America’s food supply must be protected from extreme weatherlike droughts, tornadoes, and hurricanes. The government has a role in ensuring food production during wars, recessions, and other economic crises. Food production is considered to be more important to the nation’s …