Agriculture & Farming Fast Facts

Over the past few months, we’ve had a fantastic time writing blogs to our loyal readers. Truth be told, it’s always great when we can find the time to sit down and offer up a few tips to help construction sites operate better, help improve employer-employee dynamics, or tell you about a new CAT offer we’ve got going on. But the past few months have been something different, in case you don’t happen to have our blog-space bookmarked (as absurd of a concept as that is). 

Yes, the rumors are true: we love writing fact-infused blogs about the various industries we serve here at Wagner Equipment Co., the top Colorado, New Mexico, and Far West Texas CAT dealer around. In today’s blog, we’ll be keeping with the same idea, but the application will change from construction, mining, and forestry facts to agricultural and farming facts. And if you ask us, farming facts are the best kind of facts, so let’s dispense with the pleasantries and dive in!

Fun Facts About Farming

  • The agriculture industry in the United States is absolutely massive, contributing $1.053 trillion to the U.S. economy yearly. For reference, this is higher than the entire GDP of Indonesia. That figure would rank as high as #16 in GDP if it were its own country’s total GDP, putting the United States between Mexico and Indonesia. 
  • Farming alone comprised $132.8 billion to the United States economy in 2018, but agriculture extends well beyond farming alone. Agricultural inputs can be found all around you as you go about your day, from the Hefeweizen you drink to the leather ottoman you set your feet on at the end of the day. 
  • As of the 2012 Census of Agriculture, an amazing 97 percent of the 2.1 million farms in our nation are family-owned and operated. You’ll find that most farmers love doing what they do in large part because they get to do it with their family. According to Jenny Rhodes, University of Maryland Extension Educator in Agriculture and Natural Resources, a grain and broiler chicken farmer herself, family is hugely important in keeping them successful and satisfied. “I love the whole family aspect and wanted my children to grow up the way I did. Instead of rushing home to spend a few hours with my family, we can spend time together working together. We are all family farms and at the end of the day it’s families working.” 
  • Globally speaking, agriculture employs more than 40 percent of the world’s population, making it the largest employer industry in the world. In the U.S. alone, there are over 24 million American workers, making up 17 percent of the country’s workforce. 
  • There are roughly 2 million farms in the United States, as of 2017. However, the number of farms is declining, yet the average size of farms has increased. 
  • The average size of a farm in the United States is 444 acres, while the previous recorded average was slightly smaller at 442 acres. The average cost of an acre of farmland in the United States is $3,140.
  • While the average size of farms around the nation is growing, the majority of them are actually very small. In fact, half of all American farms produce less than $10,000 in sales, making them a supplemental income generator to some degree. These small farms average around 84 acres of land each. While the revenue might not be enough to live on, we are sure that many of these small farm owners take advantage of free, homegrown produce throughout the year!
  • Out of all the states in the Union, California produces the most food, exporting around $20 billion in food each year. California is also the largest producer of farm-grown products, with their main exports being walnuts, almonds, pistachios, dairy, and wine. In case you were wondering who number two is on that list, it’s none other than the Hawkeye state, Iowa!
  • The average U.S. farmer can feed some 155 people. Contrast that to 1960, when the average U.S. farmer could only feed 25 people. That’s technological progress at work!
  • Beef farming accounts for close to 30 percent of all American farms. There are over 619,000 beef farms in the United States, and it is also the most valuable commodity in the country, coming in at $76.4 billion each year. 
  • Let’s talk about crop loss. The US Department of Agriculture deems that roughly 90 percent of crop losses in the US are attributable to cases of extreme weather. For instance, last year’s wildfires in California led to $12 billion in crop losses for the state alone. Hurricane Harvey caused over $200 million in crop and livestock losses across the nation (mostly in Texas), and the record-breaking cold weather of January 2018 saw as much as $3 billion in losses as gross numbers of crops and pastures were submerged in melted snowfall.
  • CareerAddict states that some of the most lucrative jobs available in the agriculture industry are agricultural economists, who look at data and forecast trends for clients. These positions average over six figures in salary, as does the agricultural lawyer position, who make a mean of $115,829 each year. Plus, there are over 50,000 jobs available each year in the US, but there simply aren’t enough qualified graduates to fill all of these vacancies! If you are looking to go back to school for a career change, consider that among your options!
  • This is an (extra) interesting one, ladies and gentlemen — according to the agricultural science company Corteva, we will soon be able to scan the sticker on an apple and trace its entire history. That’s right, apple origin stories will soon be a thing. So look out for “smart labels” on your produce in the near future!
  • The United States and China have an…interesting relationship, to put it mildly, but that doesn’t stop us from exporting an average of $13.8 billion in soybeans to them every year! This is somewhat ironic, considering that it was originally the Chinese who domesticated soybeans some 3,000 years ago. The plant itself is used for far more than tofu, however; it’s used as livestock feed, cooking oil, and more. 

Your Source For Farming Equipment In Colorado

Wagner Equipment Co. is your go-to source for all agriculture equipment and farming machinery you need. Whether you are looking for discounted used farming equipment or you’d like to rent out some farming machinery, we’ve got the AG machines your business needs to stay successful and thriving. 

With top brands like AGCO, Challenger, RoGator, and TerraGator, our inventory is vast and the quality is dependable. Here are a few of the agricultural machine types we offer:

  • Harvesting
  • Combine Headers
  • Midrange Tractors
  • Tillage Tractors
  • Row Crop Tractors
  • Application Equipment
  • Tillage Equipment
  • Planting & Seeding
  • Hay Equipment
  • Sub Compact, Compact, and Utility Massey Ferguson Tractors
  • Hay Rakes and Mowers
  • Utility & Material Handling Equipment
  • Technology

Simply put, Wagner Equipment Co. sets the bar in terms of excellence and reliability when it comes to farming equipment for sale or rent. Caterpillar offers the best distribution and top product support system in any capital goods industry — and Wagner has the experience and know-how to make choosing us a virtual no brainer! For top-quality farming machinery in Colorado, New Mexico, and far west Texas, choose Wagner Equipment Co.! Give us a call if you have any questions.