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(MoneyNewsWire.Net, October 05, 2018 ) Big data farming, also known as precision farming, is being widely used in several developed countries to make oilseed production more efficient. Precision agriculture collects real time data on weather, soil and air quality, crop maturity, equipment, labor costs and availability to carry out agriculture activities. Farmers use these techniques to determine the amount of nutrients, water, seed and other inputs required to produce a wide range of oilseed crops on diverse soil environments, thereby increasing farm and crop yield.
THE BUSINESS RESEARCH COMPANY VALUED THE OILSEED FARMING GLOBAL MARKET AT $510 BILLION IN 2017
Asia Pacific was the largest geographic region in the market, accounting for more than half of the global market share. China was the largest country in the market, accounting for one-fifth of the global oilseed farming market.
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According to The Business Research Company’s Consultant, Nitin Gianchandani, there has been an increasing number of farmers who have started buying commercially produced enhanced seed varieties as opposed to using seeds from the last harvest. This has resulted in various advantages offered by enhanced varieties of seeds such as high yield, improved nutritional quality, reduced crop damage, disease resistance, etc. Besides the increasing global population and the consequent rise in demand for food, coupled with the expanding biofuel production has also stimulated the demand for enhanced seed varieties worldwide.
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Burrus Seed Farms, Inc. was the biggest player in the oilseed farming market in 2016.
Oilseed farming market includes establishments involved in growing oilseed crops and producing seeds. These crops are typically grown in
open fields and have an annual growth cycle.
Oilseed Farming Global Market Report 2018 is a detailed report giving a
unique insight into this market. The report is priced at $4000 for an individual user. To use across your office, the price is $6000 and $8000 if you wish to use across a multinational company.
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