Question

Upon what does the future growth of demand for U.S. agricultural products seem mainly to depend? What are the problems in this?

Answer 1

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Abstract

U.S. agricultural products have been one the most contributing factor to U.S. Economy and it seems the growth patteren and active involvement in this sector is rising day by day. Agricultural productivity can be defined in terms of total output per unit of a single input—partial factor productivity (PFP) measures such as land productivity (yield) and labor productivity. Agricultural output growth derives from growth in agricultural inputs and in technology advancement that enables farmers to produce more output with a certain amount of input use

Although agricultural input use did not increase much over the last six decades, input composition has shifted significantly. Among the four major input categories—labor, capital, intermediate goods, and land—only capital and intermediate goods showed overall long-term growth, with average annual growth rates of 0.80 percent and 1.27 percent, respectively

Growth Pattern in agricultural products in future

Depending on where you live in the United States, the first thing that likely comes to mind for agriculture production systems are the large fields of corn, soybeans, wheat or cotton seen growing each summer.

1) Food Demand Increases

The two big drivers of food demand—population and income—are on the rise. The world’s population is expected to reach 9.1 billion people in 2050, up from 7.4 billion in 2016. Farmers globally must increase food production 70 percent compared to 2007 levels to meet the needs of the larger population, according to a report from the Food and Agriculture Organization of the United Nations

As incomes rise, consumer preference moves from wheat and grains to legumes, and then to meat, including chicken, pork and beef. A different trend is emerging in highly developed countries with more health-conscious populations. The focus on starch-based crops like corn will shift to more plant-based proteins like soybeans and other legumes

2) Consolidation Accelerates

When older growers exit the business, there are fewer younger growers to replace them. As a result, farm consolidation will be significant and quick. The consolidation will change farm dynamics to larger, more managerial complexities.Farming will go from a one-man show to something resembling a medium- to large-size business.

3) High-Tech Solutions Evolve

Farm consolidation will drive the need for more outside labor. Expect high-tech solutions like robotics to come to the rescue. Already, dairy farmers use robotic milkers as a substitute for labor. And farm equipment manufacturers are testing prototypes of robotic tractors and sprayers to handle fieldwork without human drivers.

With its regulations already in place, drone technology is poised for a boom in farm usage. In the next 10 years, the agricultural drone industry will generate 100,000 jobs in the U.S. and $82 billion in economic activity, according to a Bank of America Merrill Lynch Global Research report. Potential use of on-farm drones by 2050 is huge, from imagery and product application to transporting supplies and jobs not yet imagined.

As farming relies more on complex equipment with lots of electronics, data collection will play an increasingly larger role in farm management. Programs like AgriEdge Excelsior® from Syngenta help growers learn to use data for whole-farm management. In the future, farms will have an increased need for data and information technology specialists,

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