Industry Analysis & Industry Trends
The Grain Storage industry has performed strongly over the past five years due to plentiful crop yields and improving weather conditions. Massive harvests in 2010-11 and 2011-12 assisted industry performance, as demand for grain storage facilities increased significantly over this period. Weather conditions have fluctuated dramatically over the past five years. Initially, drought conditions changed to years of record rainfall, which then resulted in floods that damaged and destroyed grain crops. Weather conditions have since improved, resulting in more stable crop yields and consistent revenue growth. Industry revenue is estimated to rise at a compound annual 7.3% 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 are stored by companies in the industry are primarily used for milling and feeding purposes. The products held by grain storage firms are segmented based on the proportion of total grain stored.
Wheat used for milling
The largest product segment in the industry is wheat used for milling purposes. 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 a stage of processes, including quality control, cleaning, conditioning, grinding, sifting and purification... purchase to read more