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 farmers to end markets, both domestically and internationally. Over the five years through 2015-16, industry revenue is forecast to grow by an annualised 6.1% to reach $18.1 billion. Industry revenue is anticipated to rise by 5.5% in 2015-16. This is due to an expected increase in total domestic grain production, combined with a marginal increase in world wheat prices. The projected further depreciation of the Australian dollar should also boost demand, due to the improved relative affordability of Australian grains in export markets.
As is often the case for industries that depend on agricultural commodities, revenue volatility is very high... purchase to read more
Industry Report - Starting a New Business Chapter
In the past, statutory marketing authorities that controlled the processing and marketing of grain dominated the industry. Their activities were defined by law, which posed a formidable barrier to entry.
Deregulation has gradually removed these barriers. In turn, this new, more competitive environment is offering numerous opportunities for new players. Factors that continue to restrict entry include the need for a strong knowledge base, high capital investment and the influence of established operators. Industry knowledge refers to the details of where to buy the best products, what price to pay and how and where to sell the products in domestic and international markets... purchase to read more