Industry Analysis & Industry Trends
Since flour mills provide goods that are considered diet staples, the industry will remain relevant in the years to come. Revenue and profit will depend on the price and production of wheat and rice. As companies vertically integrate and merge operations to take advantage of economies of scale, revenue will rise... purchase to read more
Industry Report - Industry Locations Chapter
Typically, industry operators in the Flour Milling industry locate in proximity to wheat and rice farmers, as well as other input commodity producers. Additionally, some industry operators are vertically integrated, and thus include crop production and flour milling operations. Therefore, some firms must locate in areas that are favorable for growing crops.
The industry is primarily located in the Southeast region, which accounts for 23.7% of total establishments. The Southeast region is home to a vast majority (an estimated 75.0%) of rice farmers, which offers an incentive for operators to locate in this region, due to lower transportation costs... purchase to read more