Industry Analysis & Industry Trends
Grain is one of Australia's most valuable agriculture products and the Cereal Grain Wholesaling industry plays a key part in the dispersion of the various grains produced. Wholesalers play a major role in the distribution of grain from the farmer to the retail market, both domestically and internationally. Over the five years through 2013-14, industry revenue is forecast to grow by an annualised 4.3% to reach $8.3 billion. In 2013-14, industry revenue is expected to increase by 1.3% as prices rise because of lower global production due to unfavourable weather conditions across several major producing regions.
As is often the case for industries that are dependent upon agricultural commodities, revenue volatility is very high... purchase to read more
Industry Report - Starting a New Business Chapter
In the past the industry was dominated by a number of statutory marketing authorities whose activities involved controlling the processing and marketing of grain. Their activities were defined by law, which posed a formidable barrier to entry.
These barriers have gradually been removed as the industry has been deregulated. In turn, this new, more competitive environment is offering a number of opportunities for new players. Large global grain traders, such as Cargill and Glencore, have already taken advantage of this and have begun operating in the market. Factors that continue to restrict entry include a strong knowledge base, high capital investment and the influence of established operators... purchase to read more