Farm Support Services Industry Overview
Excerpt from Farm Support Services Report
Companies in this industry provide support services for production of crops, such as planting and harvesting, and support services for production of animals, such as breeding. No major companies dominate the industry.
Demand is driven by domestic trends in crop and livestock production. The profitability of individual companies depends on establishing a value-added benefit to farms and keeping wages low. Large companies have advantages in vertical integration and in offering a wide range of services. Small companies can compete effectively by specializing in a niche industry or service.
Products, Operations & Technology
Among all US farm support service providers, half specialize in crops and half in livestock; crop-related activities account for the majority of revenue. Major services include post-harvest crop activities like drying, cleaning, shelling, sorting, grading, and packing; and animal support activities like breeding livestock and treating animals for pests. Other offerings include soil preparation services like plowing and fertilizing; planting, cultivating, and protecting crops; machine-harvesting crops; cotton ginning; and farm labor contracting.