Industry Analysis & Industry Trends
The Grain Storage industry has performed strongly over the past five years due to plentiful crop yields and two years of record rainfall. Massive harvests in 2010-11 and 2011-12 assisted industry performance, as demand for grain storage facilities increased significantly in these two years. Weather conditions have also fluctuated dramatically over the past five years. Initially, drought conditions changed to years of record rainfall, which resulted in both bumper harvests and damaged and destroyed grain crops in different areas. Weather conditions have since improved, resulting in more stable crop yields and steadier revenue growth.
Industry revenue is projected to rise at a compound annual rate of 5.9% over the five years through 2014-15... purchase to read more
Industry Report - Industry Products Chapter
Industry operators store a range of grain products, including wheat, barley, oats, triticale, sorghum and oilseeds. Wheat and barley grains that industry operators store are primarily used for milling and feeding purposes. The products that grain storage firms handle are segmented based on the proportion of total grain that is stored.
Wheat used for milling
The largest product segment in the industry is wheat used for milling. Thousands of varieties of wheat are milled and processed to produce flour, which is then used in a variety of food products such as bread, baked goods, pasta and pizza. Wheat milling involves several stages, including quality control, cleaning, conditioning, grinding, sifting and purification... purchase to read more