A new report from CoBank's Knowledge Exchange Division says that rising demand for locally grown food and technological advances are driving growth in controlled environment agriculture. Although the controlled environment agriculture industry has a steep learning curve and high costs, the CoBank report predicts continued growth in the sector for at least the next five years, with expansion in the number of crops produced. Analysts warn, however, that those entering this industry should be aware of high operating costs, fluctuations in the market, and increasing competition.
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