NAICS 111199 - All Other Grain Farming
This U.S. industry comprises establishments primarily engaged in growing grains and/or producing grain(s) seeds (except wheat, corn, rice, and oilseed(s) and grain(s) combinations).
Industry trends:
NAICS 111199, categorized under All Other Grain Farming, has seen several qualitative trends in recent times. One significant trend is the increasing adoption of precision agriculture technologies. Farmers are leveraging GPS, drones, and IoT devices to enhance crop monitoring, yield management, and optimize input use. This technological shift is expected to continue, driven by the need for higher efficiency and sustainability.
Another notable trend is the rising importance of sustainable and organic farming practices. Consumers are demanding greater transparency and eco-friendly production, leading farmers to adopt methods that reduce chemical inputs and enhance soil health. Certification programs and eco-labels are becoming more prominent as a result.
The grain farming industry is also experiencing consolidation, with smaller farms being acquired by larger agribusinesses. This trend towards larger-scale operations is likely to increase as competition intensifies and economies of scale become crucial for profitability.
Forecasts for the near future suggest that climate change will play a crucial role in shaping the industry. Farmers will need to adapt to changing weather patterns, which may involve shifting cropping zones, investing in drought-resistant crop varieties, and implementing advanced water management practices.
In conclusion, technology adoption, sustainable farming practices, industry consolidation, and climate adaptation are key qualitative trends in NAICS 111199, All Other Grain Farming. These trends are expected to drive significant changes in the near future, affecting how grain farming operations are managed and developed.
This industry is comprised of:
Barley farming, field and seed production
Broomcorn farming
Buckwheat farming
Milo farming, field and seed production
Oat farming, field and seed production
Rye farming, field and seed production
Sorghum farming, field and seed production
Wild rice farming, field and seed production
This report includes the ability to segment your Industry by:
- Region
- Employees
- Net Sales
- Company Age
- Total Assets
- Ownership Type
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