The Corn, Wheat and Soybean Wholesaling industry is historically volatile, and the five years to 2017 have proven no exception. Falling crop prices, particularly those of wheat and corn, have affected revenue and profit, and weak and decreasing demand from downstream food manufacturers has also stymied industry growth. Furthermore, less-than-expected demand from the biofuel sector also inhibited growth over the period. Over the next five years, however, prices of crucial industry crops are forecast to experience modest growth. Additionally, demand from the animal food production sector is projected to grow, and crops are expected to gain more prominence for nonfood uses. These factors will help the Corn, Wheat and Soybean Wholesaling industry experience moderate growth over the five years to 2022.
Operators in this industry purchase and distribute grains such as corn, rice, wheat, dry beans, soybeans and other inedible beans. They distribute these products to food processors, industrial manufacturers, animal feed producers, exporters and other buyers. The industry includes players that operate grain elevators for bulk wholesale, but excludes players that operate grain elevator establishments for storage. Wholesalers of field and garden seeds are also excluded from this industry.
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.