Industry Analysis & Industry Trends
Although US soybean farmers have grown in the past five years, the industry will continue to face pressure from international operators. With Brazil expected to overtake the United States as the top provider of soybeans, domestic operators will continue to fight for profitability and market share, while also battling volatile planting conditions. Additionally, as more Americans steer clear of processed foods, the industry will rely on demand from sectors like alternative fuels... purchase to read more
Industry Report - Industry Analysis Chapter
Much of the revenue growth occurring over the past five years can be attributed to rising soybean prices. This trend is not unique to soybeans but is rather part of a general increase in the price of commodities, including minerals and metals. What appeared to be a one-time surge in 2007, has remained a market characteristic of this industry. Soybean prices have not dipped below $9.00 per bushel since 2008 and have jumped well above $11.00 per bushel since 2010.
According to the US Department of Agriculture (USDA), sluggish growth in agricultural outputs in the previous decade, combined with larger populations and incomes in developing countries, set the stage for the price increases... purchase to read more