Market Research Logo

Grain Farming

10 Pages First Research, Inc. June 15, 2015 SKU: FRRS5588487

Grain Farming

Brief Excerpt from Industry Overview Chapter:

Farms in this industry grow field corn, wheat, or rice crops and seeds. No major companies dominate the industry.

Global revenue from corn, wheat, and rice production is about $318 billion annually, according to the Food and Agriculture Organization of the United Nations. The US is the largest cultivator of corn, the world's most-produced crop. India and China are the largest wheat producers. China is also the leading producer of rice. Demand for grain crops is expected to grow in developing countries, where populations are increasing rapidly.

The US grain farming industry includes about 500,000 farms with combined annual grain revenue of about $80 billion.

Producers of sweet corn, a vegetable, are included in the Vegetable & Melon Farming industry profile.


Demand is driven by government policies and consumer trends in eating grains, meat, and corn-based sweeteners, such as high-fructose corn syrup. The profitability of individual companies depends on maximizing crop yield and minimizing disease risk. Large companies have advantages in highly mechanized operations and access to the latest in genetically modified (GM) grains. Small operations can compete by specializing in organic or non-GM grains.

Grain farms compete against oilseed and vegetable crops for farm acreage, as farmers tend to plant and harvest crops with the highest yield and payout. Field corn competes against crushed oilseed as a livestock food source.

The US is a net exporter of grains. About 10 percent of all US corn production is shipped for...

Show Full Description

Show Table of Contents

Grain Farming

First Research, Inc.
June 15, 2015

Search inside this report

Pricing & Delivery

Online Download

Didn't find what you are looking for?

Let us find it for you. One of our knowledgeable research assistants will work with you to find exactly the right research to answer your questions:

US: 800.298.5699 International: +1.240.747.3093 Or leave us a message and we'll call you back!

Receive bi-weekly email alerts for new market research.

CTA Image

Download our free eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download CTA

Share this report