Farm Management Statistics 2024
– Everything You Need to Know


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Farm Management Statistics 2023: Facts about Farm Management outlines the context of what’s happening in the tech world.

LLCBuddy editorial team did hours of research, collected all important statistics on Farm Management, and shared those on this page. Our editorial team proofread these to make the data as accurate as possible. We believe you don’t need to check any other resources on the web for the same. You should get everything here only 🙂

Are you planning to form an LLC? Maybe for educational purposes, business research, or personal curiosity, whatever the reason is – it’s always a good idea to gather more information about tech topics like this.

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Top Farm Management Statistics 2023

☰ Use “CTRL+F” to quickly find statistics. There are total 72 Farm Management Statistics on this page 🙂

Farm Management “Latest” Statistics

  • Only 15% of farms that gather data do not share their information with other service providers or utilize farm data tools.[1]
  • 61% of corn producers utilized a yield monitor. Still, according to the USDA’s agricultural resource management survey, only 34% used the data to create a yield map, demonstrating a gap between data collection and action.[1]
  • Operators under the age of 65 are 29% more likely than operators over 65 to acquire data from drones or satellites.[1]
  • Particularly for yield monitor and soil data, which are collected by 82% and 77% of the sample.[1]
  • Farms that use software and share data are 60% more likely to choose seeding rates that will increase yields than farms that do not.[1]
  • With 93% of farmers indicating that data has some or a lot of effect on their fertilizer selections, farm data seems to have the most impact on nitrogen management.[1]
  • Compared to farms in the 1,000-1,999-acre group, farms with 5,000 acres or more are 51% more likely to acquire imaging data.[1]
  • Due to the prevalence of variable rate fertilizer application within the sample, fertilizer application choices are approximately 200% as likely to be strongly impacted by farm data as planting rate and drainage investment decisions.[1]
  • 36% of farms have between 2,000 and 4,999 acres, 15% have 5,000 acres or more, and 50% of farms run on between 1,000 and 1,999 acres.[1]
  • Farms share information with their agronomist 58% of the time, followed by ag input suppliers at 44%.[1]
  • To roughly represent their respective market shares for agricultural equipment, 44% utilize john deere operations center and 22% use case IH’s AFS software platform.[1]
  • According to Agricultural Resource Management Survey, respondents had 80% more access to high-speed internet than rural America as a whole.[1]
  • AgFunder News reports that investment in the ag-tech industry increased by 43% in 2018 to reach around $17 billion.[1]
  • Notably, 70% of software customers have more than one subscription.[1]
  • Farms typically utilize two to three software systems, while approximately 90% only use three or fewer.[1]
  • Only 12% of respondents say they share their data with equipment dealers, and 7% say they share it with a service provider that wasn’t surveyed.[1]
  • Only 44% of software users adhere to suggestions carefully, 52% adhere fairly closely, and 4% ignore advice entirely.[1]
  • Solely 8% of users share their data without using software, compared to 38% who only share without using software and 39% who do both.[1]
  • 63% of customers get software-generated advice about when to apply seeds or fertilizer.[1]
  • Compared to 36% of farms that do not already exchange data, more than 50% of those that do subscribe to a software platform.[1]
  • More than 70% of farmers are open to sharing their information with a third-party service provider.[1]
  • 47% of data farms utilize at least one data software solution overall, while adoption rates are much higher among bigger organizations.[1]
  • Privacy concerns are surprisingly insignificant as a disincentive to using the software; only 12% of respondents said they didn’t use farm data services because of concerns about privacy.[1]
  • Compared to 43% for yield monitor data, 76% are unlikely to start collecting aerial imagery data.[1]
  • Compared to 81% for fertilizer choices and 85% for drainage decisions, 72% of those making data-driven seeding rate decisions report a favorable yield benefit.[1]
  • By just attending some college instead of none, the chance of gathering imaging data increases by 16%.[1]
  • All young operators like using software platforms, but usage climbs to about 70% for those with a postgraduate degree, such as a master’s or PhD.[1]
  • Just 10% of farmers said that they did not gather agricultural data due to privacy concerns.[1]
  • Just 31% of farms carefully follow advice made by outside service providers, a difference of 13% from the number of farms that closely follow software recommendations.[1]
  • According to farms, 81% and 71% of choices on planting rate and drainage are at least partially impacted by data.[1]
  • 38% of people with a high school education and 59% of those with postgraduate degrees gather imagery data, a difference of 55%.[1]
  • 36% of respondents claimed that collecting data was too expensive, while 19% thought the benefits were unclear.[1]
  • Drain tile installation software subscribers are twice as likely to acquire drone or satellite data and 45% more likely to make GPS maps with their data than nonsoftware users, which may be reflecting the role of aerial imaging and mapping in this process.[1]
  • Farmers Business Network is used 19% less often than Trimble, which is used 21% less frequently overall: Corteva’s Encirca (14%), FarmersEdge (10%), and Granular (also Corteva) at 9%.[1]
  • In the poorest 20% of farms, the median net farm income for the previous year was just over $9,000, with negative rates of return.[2]
  • Partnering with one of the most dependable suppliers in the sector means you have access to a farm management environment with 99.9% uptime.[3]
  • California produced 54% of all citrus in the United States, Florida generated 42% of it, and the remaining 4% came from Texas and Arizona.[4]
  • 78% of the wholesale value of cut cultivated greens in the U.S. comes from Florida, 29% of the price of potted blooming plants, and 69% of the price of foliage plants.[4]
  • 2020 saw a 12.4% decline in Florida agricultural exports, from a decade-high of $4.3 billion to a decade low of $3.8 billion.[4]
  • With 1.13 billion, Florida’s total wholesale value of floriculture crops sold by businesses with 100,000 or more annual sales is an increase of 6% from 2019.[4]
  • Compared to the $340 million produced in the prior year, the overall value of production for maize, cotton, cottonseed, hay, and peanuts in 2020 was $319 million, a decline of 6%.[4]
  • The value of production for the major berries, potatoes, vegetable crops, cantaloupes, and watermelons published in 2020 totaled $1.39 billion, which is 6% less than the equivalent 2019 value.[4]
  • For all producers with 10,000 or more sales, the overall crop value at wholesale is predicted to be 480 billion in 2020 as opposed to 442 billion in 2019.[4]
  • 7.78 million tons of citrus were used in the United States during the 2019–2020 season, a 4% decrease from the 2018–2019 season.[4]
  • Gains in beneficiary yields and incomes have improved food security by nearly 50 million people in the area by an average of around 30%.[5]
  • The initiative provides technical help and training to 20,025 direct recipients between 2014 and 2019 (20% female).[5]
  • 52% of world bank assistance for agriculture included climate mitigation and adaptation provisions.[5]
  • A rise in productivity improves nutrition security and earnings by producing more and better food, particularly for the 75% of the world’s poor who reside in rural regions and depend heavily on agriculture for a living.[5]
  • Over the following ten years, it is predicted that these actions will likely help sequester 7.4 million tons of CO2 equivalent.[5]
  • The Maharashtra Project for Climate Resilient Agriculture, one of the biggest CSA initiatives the bank has funded to date at $420 million, is anticipated to provide $386 million in climate change benefits.[5]
  • Through enhanced water usage efficiency on 44,000 hectares of farmland and innovative technology that has improved soil conditions and the increased output of rice by 12% and maize by 9%, one project has contributed to the growth of climate-smart agriculture.[5]
  • As the globe must produce almost 70% more food by 2050 to feed an anticipated 9 billion people, the problem of food security will only become worse.[5]
  • The majority of field crop growers who said they employed technology did so to create yield maps (32%), target or adjust fertilizer application rates (28%), and use tracking or guiding systems (90%).[6]
  • 76% of fruits, vegetables, berries, and nuts farmers used herbicides. Fungicide usage was about 70%, insecticide usage was 68%, and biopesticide use was 9%.[6]
  • Herbicides were most often used on farms in Manitoba (93%), Alberta (98%), and Prince Edward Island (97%).[6]
  • Another 8% of farms changed the way they operated by cutting down on or doing away with certain agricultural tasks.[6]
  • According to farm type, 81% of dairy farmers, 80% of pig farmers, and 71% of poultry farmers had EFP. Although there are 30% fewer cattle farmers than other kinds of farms, the largest proportions have one.[6]
  • Fruit, vegetable, berry, and nut farms, which need a lot of labor, accounted for 33% of all farms and were the most likely to adopt the TFW program.[6]
  • Geographically, farms in Ontario and Quebec were more likely to use custom operators (58% and 51%, respectively).[6]
  • In order to make up for a shortage of personnel, 20% of Canadian farms encouraged their employees to put in extra hours in 2017, while 14% implemented advanced technology to minimize labor demands.[6]
  • In 2017, 54% of Nova Scotian farms, 44% of New Brunswick farms, and 29% of Prince Edward Island farmers said they were unconcerned about staffing needs.[6]
  • 93% of field crop farmers in Canada used herbicides.[6]
  • The only province in Quebec requiring EFPs for most farm types, 82% of farms with EFPs developed them in the last two years or less.[6]
  • Ontario reported using insecticides more often than any other jurisdiction, with 35% of growers of field crops.[6]
  • 90% of field crop farmers in Alberta, 95% in Saskatchewan, and 95% in Manitoba employed GPS devices primarily as tracking or guiding systems.[6]
  • Farmers in British Columbia and Nova Scotia were the most likely to use this program in 2017, accounting for 12% and 11% of all farms nationwide, respectively.[6]
  • 65% of farmers said they were not worried about a workforce shortage or weren’t taking anything to solve the problem.[6]
  • Compared to other kinds of farms, farms use employee training 25% more often and 33% more overtime to handle staffing demands.[6]
  • Based on the level of activity in the subsector, farms are ordered in decreasing order. The biggest is chosen until their combined size accounts for at least 90% of the activity in the region.[7]
  • Farms for whose greenhouse sod and nursery goods sales accounted for more than 50% of their total revenue in 2021.[7]
  • The biggest geographic regions are chosen until the total of their sizes reflects at least 90% of the national activity. Geographic areas are ranked in decreasing order depending on the quantity of activity in the subsector.[7]
  • 86% of farms do not keep liquid manure, and the estimate’s quality is unchanged, with a standard error of 2.54 still being used.[7]

Also Read

Reference


  1. purdue – https://ag.purdue.edu/commercialag/home/resource/2020/01/farm-data-usage-in-commercial-agriculture/
  2. umn – https://finbin.umn.edu/
  3. agworld – https://www.agworld.com/us/
  4. fdacs – https://www.fdacs.gov/Agriculture-Industry/Florida-Agriculture-Overview-and-Statistics
  5. worldbank – https://www.worldbank.org/en/topic/climate-smart-agriculture
  6. statcan – https://www150.statcan.gc.ca/n1/daily-quotidien/190426/dq190426b-eng.htm
  7. statcan – https://www23.statcan.gc.ca/imdb/p2SV.pl?Function=getSurvey&SDDS=5044

About Author & Editorial Staff

Steve Goldstein, founder of LLCBuddy, is a specialist in corporate formations, dedicated to guiding entrepreneurs and small business owners through the LLC process. LLCBuddy provides a wealth of streamlined resources such as guides, articles, and FAQs, making LLC establishment seamless. The diligent editorial staff makes sure content is accurate, up-to-date information on topics like state-specific requirements, registered agents, and compliance. Steve's enthusiasm for entrepreneurship makes LLCBuddy an essential and trustworthy resource for launching and running an LLC.

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