Summary
Sprouting anew: Economic rebound and stabilizing oilseed prices are expected to benefit the industry
Abstract
Oilseed Farming in the US
The price of oilseeds is typically a reliable driver of industry performance. Over the five years to 2019, oilseed prices have been particularly volatile. This industry exhibited significant volatility between 2014 and 2017, exhibiting double digit declines and increases. Industry revenue rebounded in 2015 as a result of a rising value of production in most product segments and the paying out of federal price loss coverage (PLC) programs. Overall industry revenue has risen, however it is important to note that the industry remains down from the peak in 2012 and 2013, noting how 2014 is one of the lowest recorded values on record. Industry revenue is expected to rebound over the five years to 2024 as the price of oilseeds stabilizes. Overall, industry revenue is anticipated to increase. The growing acceptance and adoption of vegetable oils will improve demand from the US consumer. However, low prices as a result of past overproduction will likely make industry operators leery of overplanting over the next five years.
Farmers in this industry grow a variety of oilseeds, including canola seeds, sunflower seeds, flaxseeds, safflower seeds and mustard seeds. Soybeans (IBISWorld report 11111), cottonseeds and peanuts are not included in this industry report.
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
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
Methodology
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The data is gathered from a wide range of sources, including industry reports, government statistics, and
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This data is then analyzed and cross-referenced to ensure its accuracy and reliability. Next, primary
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combined with the data collected to provide a complete picture of the market. Macro-economic factor analysis
is also carried
out to understand the impact of external factors on the market. Finally, country-level data analysis is
performed to
understand the market dynamics in specific regions and countries.
Reportlinker's market research methodology is designed to provide clients with a clear understanding of the
market, its trends,
and its future potential.
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