
Grain Farming
Description
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.
COMPETITIVE LANDSCAPE
Demand is driven by government policies and trends in eating grains, meat, and corn-based sweeteners, such as high-fructose corn syrup. Ethanol use has also become a factor in recent years. 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.
PRODUCTS, OPERATIONS & TECHNOLOGY
Major products in the US Crop industry, which includes grain farming, are corn and soybeans. Other products include fruits and nuts, vegetables and melons, and wheat. Field corn is used primarily for livestock feed. Field corn also is used in industrial applications like biodegradable plastic; processed foods like breakfast cereal, salad dressing, margarine, soft drinks, and syrup; and ethanol production. About a third of the US corn crop is used to make ethanol.
Farms in this industry grow field corn, wheat, or rice crops and seeds. No major companies dominate the industry.
COMPETITIVE LANDSCAPE
Demand is driven by government policies and trends in eating grains, meat, and corn-based sweeteners, such as high-fructose corn syrup. Ethanol use has also become a factor in recent years. 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.
PRODUCTS, OPERATIONS & TECHNOLOGY
Major products in the US Crop industry, which includes grain farming, are corn and soybeans. Other products include fruits and nuts, vegetables and melons, and wheat. Field corn is used primarily for livestock feed. Field corn also is used in industrial applications like biodegradable plastic; processed foods like breakfast cereal, salad dressing, margarine, soft drinks, and syrup; and ethanol production. About a third of the US corn crop is used to make ethanol.
Table of Contents
- Industry Overview
- Quarterly Industry Update
- Business Challenges
- Business Trends
- Industry Opportunities
- Call Preparation Questions
- Financial Information
- Industry Forecast
- Web Links and Acronyms
Search Inside Report
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.