First Research US Industry Profile

View Sample
Farm Support Services
SIC Codes: 0721, 0722, 0723, 0724
NAICS Codes: 11511, 11521
Last Quarterly Update: 5/6/2019
Companies in this industry provide support services for production of crops, such as planting and harvesting, and support services for production of animals, such as breeding. No major companies dominate the industry.
Worldwide production of crops and animals drives demand for farm support services. The US, China, India, and Brazil are among the top agricultural producers. Production of crops and livestock is expected to expand as rising populations and incomes in developing countries drive demand for food.
The US industry includes about 9,300 establishments (single-location companies and units of multi-location companies)with combined annual revenue of about $14 billion. The industry includes companies that support crop and animal farming operations but don't themselves produce crops, raise farm animals, or own farmland.
Competitive Landscape
Demand is driven by domestic trends in crop and livestock production. The profitability of individual companies depends on establishing a value-added benefit to farms and keeping wages low. Large companies have advantages in vertical integration and in offering a wide range of services. Small companies can compete effectively by specializing in a niche industry or service.
Products, Operations & Technology
Among all US farm support service providers, half specialize in crops and half in livestock; crop-related activities account for the majority of revenue. ... plus:
Sales & Marketing
,
Finance & Regulation
,
Regional & International Issues
,
Human Resources
Also includes the following chapters:
Quarterly Industry Update
,
Industry Indicators
,
Business Challenges
,
Trends and Opportunities
,
Call Preparation Questions
,
Financial Information
,
Industry Forecast
,
Industry Websites
,
Glossary of Acronyms

Historical Profiles (PDF format)

02/04/2019
10/29/2018
07/30/2018
04/30/2018
01/29/2018
10/23/2017
07/24/2017
04/24/2017
01/23/2017
10/17/2016
07/18/2016
04/18/2016
01/18/2016
10/12/2015
07/13/2015
04/13/2015
01/19/2015
09/29/2014
07/07/2014
04/14/2014
01/20/2014
10/14/2013
07/22/2013
04/29/2013
02/04/2013
10/29/2012
08/06/2012
05/21/2012
02/27/2012
11/07/2011
08/08/2011
04/25/2011
01/24/2011
10/11/2010
07/19/2010
04/12/2010
01/11/2010