Industry Analysis & Industry Trends
Grain is one of Australia's most valuable agriculture products. Wholesalers play a major role in the distribution of grain from the farmer to end markets, both domestically and internationally. Over the five years through 2014-15, industry revenue is forecast to grow by an annualised 9.0% to reach $8.3 billion. This figure is positively skewed due to an enormous downward swing in revenue in 2009-10 caused by ongoing drought conditions and low world wheat prices. Consequently, the industry's growth rate over this period has been inflated.
As is often the case for industries that depend on agricultural commodities, revenue volatility is very high. The supply of cereal grains from the Grain Growing industry is the most important factor affecting wholesalers' revenue... purchase to read more
Industry Report - Industry Analysis Chapter
The Cereal Grain Wholesaling industry plays a key role in the dispersion of grain, which is one of Australia's largest agricultural products in value terms. The volume of grain produced by upstream agricultural industries indicates the level of services demanded from and supplied by wholesalers. However, in some instances producers directly supply customers. Due to the industry's reliance on upstream grain production, cereal grain wholesalers have endured extremely volatile trading conditions and huge swings in revenue. This has occurred in response to fluctuations in climatic conditions, rainfall, global prices and global production.
Revenue is forecast to increase by an annualised 9.0% over the five years through 2014-15, to reach $8.3 billion... purchase to read more