Agriculture & Forestry Sector

Agriculture & Forestry Sector

Brief Excerpt from Industry Overview Chapter:

Companies in this industry sector grow crops, raise or fatten animals for animal products, and grow and harvest timber. Major crop production companies include AMAGGI, Chiquita, Dole Food Company, Fresh Del Monte Produce, Sunkist Growers, and Total Produce; major animal production companies include Agri Beef, Dairy Farmers of America, JBS SA, and WH Group. Major timber operations include PotlatchDeltic, Resolute Forest Products, Stora Enso, and Weyerhaeuser.

COMPETITIVE LANDSCAPE

Demand is driven by government agricultural policy programs, food consumption trends, and lumber demand. Profitability depends on efficient operations. Large companies have advantages in vertically integrated operations and economies of scale in purchasing and marketing. Small operations can compete effectively by supplying local markets, specializing in heirloom or organic crops or those that have not been genetically modified (GM), or raising animals in less restrictive environments on hormone-free diets.

PRODUCTS, OPERATIONS & TECHNOLOGY

Major farm products include cattle and calves, corn, and soybeans, according to the American Farm Bureau Federation.