Agricultural production is one of the largest industries in the entire U.S. and has been around for centuries. In some areas of the U.S. agriculture is even larger than ever. In Texas alone, the impact of agricultural production exports accounts for $36.4 billion of the Texas economy every single year! Agro production has been around for years and years and the future looks pretty exciting.
If you want to explore some ranch sales and purchase some agro land to begin your career as an agricultural rancher and see where the industry is headed in the future, you are in for a treat. All over the great United States, you can find ranch properties for sale with some of the greatest ranch real estate in the world.
Agricultural production occurs in all 50 states across the country. And altogether, the real estate value of these agricultural properties accounts to approximately $2 trillion. Many people believe that agro is on its way out and that might affect ranch sales, but with the development of some new technology, that couldn’t be further from the truth.
According to the Chicago Tribune, new technology is taking agricultural production to new heights. The technology has to increase the production output because it’s projected that by the year 2050, the global population is expected to rise to nine billion people. This means agricultural production will be more important than ever.
Some of the new technological developments regarding the agro industry are sensors, genetically modified food technology, in-vitro meat, and automation.
- Sensors — Sensor technology will provide aid to ranchers and farmers so they can easily trace their machines and livestock.
- Genetically Modified Food — Transferring DNA from organism to organism can change the characteristics of that particular organism. According to the National Library of Medicine, genetically altered foods can be healthier, more nutritious, and can prevent diseases.
- In-Vitro Meat — Although it is a costly method, lab-grown muscle tissue can someday be an economically and financial benefit of producing meat.
- Automation — Agrobots, which are large-scale robots and microbots, are expected to dominate the agricultural industry. That’s right… agrobots!
The technological innovations will certainly make the agricultural production industry as exciting as it has ever been. It’s hard to predict what will happen to ranch sales once robots are all over the property assisting the property owner, but it will surely be an exiting time. Continue.