Corn Farming in the US - Industry Market Research Report
Description
Corn Farming in the US
Revenue for the corn farming industry has been volatile over the past five years as corn prices and demand have fluctuated dramatically. The outbreak of the COVID-19 pandemic caused a downturn in revenue as the supply chain backed up products were left unsold, but massive increases in exports and boosted oil production caused revenue to skyrocket in 2021 and 2022. As a result of these outliers, revenue has risen an annualized 10.1% to $94.7 billion over the five years to 2023, including an increase of 0.3% in 2023 alone.
Operators in this industry primarily grow corn (except sweet corn) and produce corn seeds. Corn commonly refers to the grains or kernels of the tall annual cereal grass Zea mays, a staple cereal in many parts of the world. In the United States, it is most commonly used as livestock feed and in the production of ethanol, sweeteners, oil and other products.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Revenue for the corn farming industry has been volatile over the past five years as corn prices and demand have fluctuated dramatically. The outbreak of the COVID-19 pandemic caused a downturn in revenue as the supply chain backed up products were left unsold, but massive increases in exports and boosted oil production caused revenue to skyrocket in 2021 and 2022. As a result of these outliers, revenue has risen an annualized 10.1% to $94.7 billion over the five years to 2023, including an increase of 0.3% in 2023 alone.
Operators in this industry primarily grow corn (except sweet corn) and produce corn seeds. Corn commonly refers to the grains or kernels of the tall annual cereal grass Zea mays, a staple cereal in many parts of the world. In the United States, it is most commonly used as livestock feed and in the production of ethanol, sweeteners, oil and other products.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
47 Pages
- TABLE OF CONTENTS
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Search Inside Report
Pricing
Currency Rates
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