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Wheat, Barley & Sorghum Farming in the US - Industry Market Research Report

  • May 2017
  • 35 pages
  • Ibisworld
Report ID: 286416

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Poor harvest: Falling prices and weakening export demands cause the industry to falter

Wheat, Barley & Sorghum Farming in the US

The Wheat, Barley and Sorghum Farming industry has experienced a volatile five years to 2017. Falling output prices, such as that of wheat, have been detrimental to revenue growth within the industry. Traditionally, most revenue has been earned from the export of industry products, but as the value of the US dollar has risen, export demands have fallen. Despite this volatility, the industry's rate of decline is anticipated to slow, and, as the price of wheat is anticipated to increase and the trade-weighted index is anticipated to decrease, demand should stabilize over the five years to 2022.

Farmers in this industry primarily grow one or more varieties of wheat or a combination of sorghum, barley, oats, rye and other grains, where no single crop accounts for more than half the total value of production of the farm.

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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