Industry Analysis & Industry Trends
As is typical of farming industries, the Wheat, Barley and Sorghum Farming industry experienced high volatility in the past five years, due to unpredictable weather patterns, a wheat export ban in Russia and the fluctuating world price of wheat. Despite this volatility, wheat's status as a staple of the American diet will keep demand stable. A projected rise in wheat prices points to growing profitability for industry farms; however, changes in government subsidies and drastic weather conditions could hamper profit growth... purchase to read more
Industry Report - Industry Locations Chapter
Successful grain farming, like most other farming in the United States, depends on the right mix of sunshine and rain. For this reason, the largest concentration of harvested acres of wheat, barley, sorghum and other grains is in the Plains region, which accounts for 45.4% of the total acres harvested in the United States. Kansas and North Dakota, the top two grain-producing states, are counted in this region.
The Rocky Mountains region holds 18.8% of total harvested acres for this industry. The central states get more direct sunshine, especially in the summer months. The abundance of sunny weather creates an ideal grain-growing climate. Montana -- the third largest grain-producing state in the country, is in this region... purchase to read more