Industry Analysis & Industry Trends
On the surface, the Grain Storage industry appears to have performed poorly over the past five years. Industry revenue is forecast to grow at a marginal 0.1% annualised over the five years through 2015-16, to total $2.4 billion. However, this is not reflective of the volatility that has occurred in the industry over the past five years. Fluctuating grain production, due to changing rainfall levels, shifting wheat prices and movements in the Australian dollar have influenced industry demand and therefore earnings. Record rainfall levels and resulting increased grain harvests in 2010-11 contributed to 22.7% revenue growth for that year. This created a high base year and skewed the industry's revenue growth figure for the five-year period... 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