In 2016, major developments and innovations changed the agricultural industry. This includes the evolution of microbial products in agriculture, maturation of alternative proteins, regulatory and labeling changes around genetically modified crops, and major mergers and acquisitions. In this report, Lux Research reviews those major events and the implications they have for technology development 2017. Additionally, the report analyzes agricultural investment over the previous year; the agricultural industry raised a total of $1.4 billion in funding across 139 distinct deals. We analyze trends in agricultural investment seen in 2016, and predict future hot spots in 2017.