Agriculture is a vital industry in the United States, employing over 16 percent of the country’s workforce. In 2010, the agricultural sector contributed $1.03 trillion to the American economy, or 5.0 percent of GDP. The United States is one of the world’s leading producers of corn, wheat, soybeans, and other crops. The agricultural sector also supports a robust food and beverage industry, which is worth $1.8 trillion.
The USDA defines agricultural production as any farming activity associated with the production of crops or raising of animals for commercial purposes. In 2012, less than 2 percent of the U.S. population were considered farmers or ranchers. However, the agricultural industry employs close to 22 million people, or about 10 percent of the U.S. workforce. This figure does not include jobs indirectly related to agriculture, such as food processing or transportation.
What percentage of the US economy is agriculture?
The United States is one of the world’s leading producers of agricultural products, with a sector that contributed roughly $1264 trillion to US gross domestic product (GDP) in 2021. This sector accounted for 54 percent of US GDP, with the output of America’s farms contributing $1647 billion of this sum—about 07 percent of US GDP. The United States is a major exporter of agricultural products, with exports totaling $139 billion in 2020. The United States is also the world’s leading producer of corn, soybeans, wheat, and other crops.
The report found that the food and agriculture sector is a major driver of the economy, accounting for nearly 18% of the nation’s GDP and employing more than 30% of the American workforce. The sector also supports a wide range of industries, from transportation and manufacturing to retail and tourism.
The report’s release coincides with National Ag Day, which is celebrated each year on March 22nd to recognize the importance of agriculture in the United States. This year’s theme is “Feeding the Economy,” and the report’s findings highlight the significant contribution that the food and agriculture sector makes to the country’s economic growth and stability.
Where does the US rank in agriculture
The top five US states for agricultural cash receipts are California, Iowa, Texas, Nebraska and Illinois. California produces the most food in the US followed by Iowa, Texas, Nebraska and Illinois.
This is great news for the agricultural industry! The top 10 agriculture-producing states in terms of cash receipts are expected to bring in a lot of money in 2021. This will help to boost the economy and create more jobs in the agricultural sector.
Which country is No 1 in agriculture?
China leads the world in agriculture production, with a quarter of the global grain output. The country has only 10% of arable land worldwide, but produces a wide variety of fruits, vegetables, cereals, cotton, eggs and poultry. China is also a major producer of fish and seafood.
In 2021, the finance, real estate, insurance, rental, and leasing industry added the most value to the GDP of the United States. In that year, this industry added 488 trillion US dollars to the national GDP. This industry is vital to the economy of the United States and is expected to continue to grow in the coming years.
What are the 3 biggest industries in the US?
The US commercial banking industry is expected to grow significantly in 2023, reaching a revenue of $832 billion. This is due to the increasing demand for banking services and the continued consolidation of the industry.
The US hospital industry is also expected to grow significantly, reaching a revenue of $764 billion in 2023. This is due to the aging population and the increasing demand for healthcare services.
The life insurance and annuities industry is expected to reach a revenue of $593 billion in 2023, due to the aging population and the need for financial security.
The pharmaceuticals wholesaling industry is expected to reach a revenue of $582 billion in 2023, due to the increasing demand for prescription drugs.
The economy of the United States is the world’s largest national economy. It is estimated to be worth $20.84 trillion in 2021. The United States is home to many large multinational corporations and is a major importer and exporter of goods and services. The country has a highly diversified economy, with significant contributions from the manufacturing, finance, and service sectors. The United States is the world’s largest producer of oil and gas, and is a major producer of coal, uranium, and other minerals. The country is also a major exporter of agricultural products, such as wheat, corn, and soybeans. The United States is home to some of the world’s leading universities and research institutions, and is a major center for the development of new technologies.
What is America’s top industry
The services sector employs the most number of people in the United States. This includes the professional and business services sector, which employs nearly 174 million people. Healthcare and social assistance are also major employers, with just over 17 million people employed in these sectors.
This is an amazing statistic that really highlights the importance of the agricultural and food industries in the United States. These industries provide a huge number of jobs for Americans and play a vital role in the economy. It is important to support these industries and ensure that they continue to thrive.
Who has more farmland US or China?
China has a population of over 1.3 billion people and less than 1/4 of the land is arable. The USA has a population of 324 million people and almost 1/3 of the land is arable. The difference in population means that, even though China has less land to farm, they still have a larger agricultural population than the USA. A typical US farm is 400-500 acres, which is the same size as the total farmland for a 200-household village in China.
The four top food-producing countries are China, India, The United States, and Brazil. China is the world’s biggest producer of food, and also the largest importer and consumer of food. India is the second-largest food producer in the world in terms of total calorie content. The United States is the third-largest food producer in the world. Brazil is the fourth-largest food producer in the world.
Who owns the most agriculture in the US
Bill Gates is one of the richest men in the world, and it turns out that a large chunk of his fortune is invested in farmland. According to a new report from The Land Report, Gates owns nearly 269,000 acres of farmland across the United States, making him the largest private farmland owner in the country.
While it’s not clear exactly how Gates’s farmland portfolio is structured, the report notes that most of his holdings are likely managed by a company called Cascade Investments, which is known to invest in agriculture. Gates has also reportedly invested in a number of farm-related companies, including a farm management software startup calledFarmLogs.
It’s no surprise that Gates is interested in agriculture; as The New York Times notes, he has called it “one of the most exciting areas of technological innovation” and has said that it has “enormous potential to improve lives around the world.” And by investing in farmland, Gates is likely banking on the long-term invesment potential of the agricultural industry.
According to the USDA, in 2018, Canada and Mexico were the two largest suppliers of agricultural imports to the United States. Together, they accounted for over $39 billion worth of imported agricultural products. The top five imported agricultural products from Canada include: live animals, wheat, corn, soybeans, and dairy products. The top five imported agricultural products from Mexico include: fresh vegetables, fresh fruit, processed fruit and vegetables, coffee, and snacks.
Which country has richest farmers?
Qin Yinglin is a Chinese agriculture tycoon, billionaire, Communist Party member, and the world’s richest farmer. He is the chair and president of the pig farming company Muyuan Foodstuff and is one of the richest people in China. Qin is one of the few agriculture tycoons in China and is considered an expert in the pig farming industry.
It is no surprise that the United States tops the list of countries with the most arable land. With over 1577 million hectares of arable land, the United States has plenty of land to grow crops and support a large population. India comes in second, with 1561 million hectares of arable land. Russia rounds out the top three, with 1216 million hectares of arable land.
Other countries in the top 10 include Brazil, China, Australia, Ukraine, and Argentina. These countries have large populations and plenty of land to support agriculture. With the world’s population projected to reach 9 billion by 2050, it is important that these countries have enough arable land to support the growing population.
What is the top 3 major crops in the country
Corn, soybeans, barley, and oats are all important crops in the United States. Corn is the largest crop in terms of total production, and the majority of it is grown in the Corn Belt. Soybeans are the second largest crop, and they are grown all over the country. Barley and oats are also important crops, and they are grown in many different states.
The United States is one of the world’s largest consumers of crude oil and refined petroleum products. According to the EIA, the U.S. imported an average of 9.4 million barrels per day (b/d) of petroleum in 2019, mostly from Canada, Mexico, and Saudi Arabia. The U.S. is also a major importer of gold, lumber, and aluminum.
Warp Up
The U.S. Department of Agriculture (USDA) estimated that in 2012, farmers and ranchers represented about 2 percent of the U.S. population.
In conclusion, only a small percentage of Americans are involved in agriculture. Most Americans live in urban areas and are not involved in farming or ranching. Agriculture is important to the American economy, but it employs a relatively small number of people.
