| SIC Codes: | 0211 0212 0213 0214 0219 0241 0251 0252 0253 0254 0259 0271 0272 0273 0279 |
| NAICS Codes: | 112111 112112 112120 112130 112210 112310 112320 112330 112340 112390 112410 112420 112511 112512 112519 112910 112920 112930 112990 |
Companies in this industry raise or fatten animals for the purpose of selling animals or animal products. Major companies include Agri Beef, Dairy Farmers of America, Dean Foods, Pilgrim's Pride, and Smithfield Foods.
Demand for meat, poultry, and dairy products is driven by domestic food consumption trends. The profitability of individual farms depends on efficient operations. Large companies have advantages in vertically integrated operations and economies of scale. Small operations can compete effectively by supplying local markets, specializing in heritage breeds, or raising humanely treated or hormone-free animals.
Major products are live cattle and calves (40 percent of industry revenue); poultry and eggs (25 percent); dairy products (20 percent); and live hogs and pigs (10 percent). Other products include sheep, horses and farmed fish.
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