Did you know that across the globe, about 20% of the population works in farming? That’s some 1.3 billion people producing agricultural goods! But it’s not much of a surprise when you consider the billions of people using these goods for survival.
Be it fruits and vegetables, wood for construction, cotton for clothes, or something else. All of it comes from agricultural processes. No wonder then that in some countries like South Asia, the farming industry is bigger than any other.
Agricultural commodities have a global impact. And with the constant increase in population, they’re likely to have an even bigger role in the future. Today, PL Global wants to take you on a trip across this looming industry.
We will be talking about the top ten agricultural commodities in use. But before that, let’s go back to the basics.
What are agricultural commodities?
The food you eat, the clothes you wear, even the houses you live in, all come from agricultural commodities. Generally produced by farmers, these commodities come from plants and animals. And their use is widespread across both the food and industrial sectors.
For instance, you know corn as a food product that both animals and humans consume. But did you know that it is also important in the fuel industry? Yes, it also plays a role in producing fuel.
In short, our survival depends on these commodities.
Top ten agricultural commodities
With the vast variety of goods coming under the umbrella of the agricultural industry, you’re likely curious about this. Are you wondering what are the top ten agricultural commodities?
Well, PL Global is here to answer that question for you.
Rice tops the list in consumption across agricultural commodities in many countries. Both white rice and brown rice are equally popular choices. And the demand for rice in the market continues to grow.
Currently, China is the largest producer of rice with India coming in second.
Can you honestly say that you can get through the day without consuming milk? Think of its many uses! Even a cup of tea is generally made with milk.
So no wonder it is one of the top ten agricultural commodities. And its sources are many too like buffalo, cow, cattle and more. India holds the record for being the largest producer of milk since the White Revolution.
Many countries across the world consume wheat regularly. In some countries wheat is more than a commodity, it is a necessity.
Wheat is a balanced food because it is full of proteins, carbs, and vitamins. And it can cultivate it across many types of soils.
Wouldn’t you agree that mango is the king of all fruits? Many countries like India, consider this fruit a delicacy. Rich in flavor and hitting the sweet spot, people wait for its season to come around.
And its varieties know no end. Alphonso, Dasheri, Hapus, and more, each kind has its own alluring taste.
Now we have another fruit, the guava! Did you know that guava is also known as the poor man’s fruit? Well, it’s definitely not poor in health benefits.
Guava is super rich in antioxidants and Vitamin C. Not only that, but it also has a lot of proteins. Guava is a healthy diet option for patients with blood pressure or constipation.
We all love sugarcane juice, don’t we? Well, considering that it’s in the top ten agricultural commodities, a lot of people do! Sugarcane is part of the bamboo family.
This indigenous commodity gives us goods like gur, sugar, and khandsari. Besides this, it is also used to manufacture alcohol.
The USA, China, and India are the largest producers of cotton. And this agricultural commodity is the most popular fiber crop across the world.
Textile industries use the raw material to make cotton. It has three main varieties: long-staple cotton, medium-staple cotton, and short-staple cotton.
Many countries produce bananas all-year-round. Banana is well-known for being tasty, healthy, and affordable. But did you know that it also has medicinal properties?
And there are more than 300 types of bananas around the globe!
One of the most necessary agricultural commodities is the potato. Think about it. Aren’t most of our curries incomplete without potatoes?
Some countries consume potatoes daily. They were first produced in Portugal and they went by the name of batata.
Another agricultural commodity that’s available throughout the year is groundnuts. You may also know them by the name of peanuts.
Groundnuts are full of proteins and they’re usually grown in the rainy season. Also, it’s flavor profile is endless: from crunchy to sweet to nutty. And you can add them to your healthy diet without guilt!
What factors impact agriculture around the world?
The global trends that impact the agricultural industry are several. Let’s take a look at some of them.
Did you know that demographers say by 2040 the world’s population will be more than 9 billion? And not only will they be there before people, but these people will also be wealthier.
The richer the people, the more the demand will be for high-quality agricultural goods. The result? A strain on agricultural resources.
Technology and big data
A solution to the above-mentioned problem could be technology and big data. This is a way to increase productivity across the agricultural sector of countries.
And as technology develops, it is increasingly influencing farmers’ choices. So what are some of these many technological advancements?
- crop monitoring technologies
- apps that give the best time for planting crops, as well as the place for doing so
- advanced DNA testing of livestock, and more.
Integrating technologies into operations is a great way for farms to boost productivity. And it can also help them keep up with the competition.
Hence with this article, PL Global hopes that you have gained some more insight into the agricultural industry of the world. So they have built firm relationships with their clients all over the world. In addition, P.L Global has emerged as one of the most trustworthy companies in the FMCG sector. Read more about FMCG and their importance.