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The agricultural technology industry is in a high-growth phase, driven by increasing demand for sustainable practices, enhanced crop yields, and cost efficiency. Innovation in biologicals, data analytics, and precision farming is transforming traditional agriculture. Companies like Meristem Crop Performance are leveraging advanced inputs and direct-to-farm models to meet evolving farmer needs, focusing on profitability and environmental stewardship amidst fluctuating market conditions.
Total Assets Under Management (AUM)
Agricultural Output Value in United States
~Approximately 400 billion USD
(3.5% CAGR)
- Crop receipts represent the largest share.
- Livestock and livestock products contribute significantly.
- Government payments and other farm-related income also play a role.
25 billion USD