Crop Production Industry Profile

Report Page Length: 10-12
Last Quarterly Update: 5/20/2019
SIC Codes: 0111, 0112, 0115, 0116, 0119, 0134, 0161, 0171, 0172, 0173, 0174, 0175, 0179, 0182
NAICS Codes: 111
Chapters Include:
Industry Overview Trends & Challenges Industry Forecast
Quarterly Industry Update Call Prep Questions Website & Media Links
Business Challenges Financial Information Glossary & Acronyms
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Excerpt from Crop Production Industry Profile

Companies in this industry grow crops such as grain, oilseeds, tobacco, dry beans, potatoes, vegetables and melons, fruits and nuts, and floriculture. Major companies include Amaggi Exportação e Importação, Chiquita Brands International, Dole Food Company, Fresh Del Monte Produce, Sunkist Growers, and Total Produce.

Global crop production revenue is about $3 trillion. Sugarcane, corn, rice, and wheat are the most highly produced crops by volume. Brazil, the US, India, and China are the top crop producers.

The US crop production industry includes about 1.2 million farms with combined annual revenue of about $190 billion.


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.

Exports, mainly oilseeds and grains, account for about 40% of crop US production. China and Mexico are the top grain export markets. China is the largest importer of US oilseed and grain, accounting for about 65% of all US oilseed and grain exports. Crop imports account for about 25% of the US market. The US imports more vegetables, melons, fruits, and nuts than it exports.

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