Farm Product Storage & Warehousing in the US
The Farm Product Storage and Warehousing industry's performance depends largely on the performance of the upstream agricultural sector and related international trade. Prices and yields have been the key factors driving industry performance. High production and strong crop yields have driven down agricultural prices over the past five years. Over the five years to 2023, industry revenue is anticipated to grow at a moderately improved rate. Forecasted increases in oil and natural gas prices should improve demand for corn ethanol products, which may increase storage demand.
This industry operates bulk farm product warehousing and storage facilities (except refrigerated). Warehouses generally provide facilities and storage services for agricultural goods and are responsible for maintaining their security and condition. However, warehouses do not take ownership of or sell those goods. The majority of this industry is involved in storing grain and other farm 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.
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