Crop Production Industry Financials

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Crop Production Industry Financial Summary

The agricultural crop industry includes around 1.3 million farms with harvested cropland operating on 300 million harvested acres, with combined annual revenue of $175 billion. Major companies include produce farms owned by Dole Food Company and Fresh Del Monte Produce, and grain farms owned by Monsanto, Syngenta, and DuPont. As a whole, the industry is fragmented: 10 percent of companies account for one-third of revenue. Vegetable and melon farms are more concentrated, with the top 10 percent of companies representing two-thirds of industry revenue.

Using the 2002 Census Bureau Economic Census, Hoover's has generated an industry financial summary for the Crop Production industry.

NAICSNAICS DescriptionEstablishmentsSales, Receipts, or Shipments ($1,000)Annual Payroll ($1,000)Paid Employees
311222Soybean processing117$12,780,072$290,5427,318
311223Other oilseed processing41$1,129,107$52,7841,533
311225Fats & oils refining & blending123$7,272,200$328,3878,307
 All NAICS Sectors281$21,181,379$671,71317,158

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