Fresh Fruit & Vegetable Production Industry Overview

Companies that grow, harvest, process, and package fresh fruits, vegetables, and nuts.

Full Fresh Fruit & Vegetable Production Industry Description

Farm Income Rises

Net farm income in grain and oilseed farming continues to rise, due largely to federal support for corn for ethanol. Many farms are growing grain corn instead of soybeans, vegetables, and other field crops, leading to price hikes as supply declines. The grain corn industry has doubled in value over the past five years as the price of corn has increased from under $2 a bushel to $4. The soybean industry has increased 50 percent in value despite a slight decline in acreage.

Full Fresh Fruit & Vegetable Production Industry Trends

• Maui Land & Pineapple Company, Inc.
• Chiquita Brands International, Inc.
• National Grape Cooperative Association, Inc.

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Hoover's has developed its own industry classifications to better serve its customers. These classifications are mapped to the North American Industry Classification System (NAICS) and the older U.S. Standard Industrial Classification (SIC) system. The Fresh Fruit & Vegetable Production maps to a number of NAICS codes including:

Full Fresh Fruit & Vegetable Production Industry Codes

• American Corn Growers Association
  
• Canadian Produce Marketing Association
  
• Food and Agriculture Organization of the United Nations (FAO)
  

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