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Wheat, Barley & Sorghum Farming in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Wheat, Barley & Sorghum Farming Market Research Report | NAICS 11117 | Jun 2016

Poor harvest: Slowing demand and drought conditions will severely contract revenue

The Wheat, Barley & Sorghum Farming market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Annual Growth 11-16
Annual Growth 16-21
Annual Growth
Industry Threats & Opportunities
  • Decreasing per capita wheat consumption has hindered growth
  • Profit margins have fluctuated greatly over the past five years
  • Unpredictable weather patterns will continue to dampen demand growth
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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 Key Buyers Chapter

The market share concentration within the Wheat, Barley and Sorghum Farming industry is very low. More than 168,000 farms operate in the industry, but there are no significant power-wielding companies. The top four participants in this industry account for less than 5.0% of total revenue. The average revenue per farm in 2016 is $67,790.0, well below 1.0% of total industry revenue.

IBISWorld does not anticipate industry farms to grow larger in size over the next five years. However, with large corporations such as Monsanto entering the wheat genetics business, concentration can increase in the next five years. This movement greatly depends on future acceptance of genetically modified grain crops by the public.

.. ... purchase to read more

Additional Insights for the Wheat, Barley & Sorghum Farming Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Wheat, Barley & Sorghum Farming Industry are

  • Ability to alter goods and services produced in favor of market conditions
  • Economies of scale
  • Appropriate physical growing conditions
  • IBISWorld analysts also discuss how external factors such as Trade-weighted index and World price of wheat in the Wheat, Barley & Sorghum Farming industry impact industry performance... purchase to read more


    Industry ProductsRelated Reports

    What is the Wheat, Barley & Sorghum Farming Industry?

    Farmers in this industry primarily grow one or more varieties of wheat or a combination of sorghum, barley, oats, rye and other grains, where no single crop accounts for more than half of the total value of production of the farm.

    Industry Products
    Hard red winter wheatHard red spring wheatSoft red winter wheatWhite wheatDurumSorghumBarley
    Industry Activities
    Growing hard red wheatGrowing soft red wheatGrowing white wheatGrowing Durum wheatGrowing sorghumGrowing barleyGrowing oatsGrowing rye

    Table of Contents
    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Trade-weighted index
  • World price of wheat
  • Demand from animal food production
  • Per capita wheat flour consumption
  • Subsidies for cereal grain farming
  • Current Performance
  • Global appetites
  • Domestic demand
  • Volatility in profit and size
  • Genetic modification
  • Chart: Revenue Growth
  • Industry Outlook
  • International arena
  • Only the strong will survive
  • Table: Wheat, Barley & Sorghum Farming Industry Revenue Outlook
  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Wheat, Barley & Sorghum Farming Industry Lifecycle vs The Economy
  • Products & Markets
    Supply Chains
  • Key Buying Industries
  • Beef Cattle Production
  • Hog & Pig Farming
  • Chicken Egg Production
  • Animal Food Production
  • Flour Milling
  • Breweries
  • Corn, Wheat & Soybean Wholesaling
  • Chicken & Turkey Meat Production
  • Key Selling Industries
  • Crop Services
  • Farm Product Storage & Warehousing
  • Farm, Lawn & Garden Equipment Wholesaling
  • Fertilizer Manufacturing
  • Long-Distance Freight Trucking
  • Water Supply & Irrigation Systems
  • Wheat, Barley & Sorghum Farming
  • Products & Services
  • Hard red winter wheat
  • Hard red spring wheat
  • Sorghum
  • Soft red winter wheat
  • White wheat
  • Barley
  • Durum
  • Chart: Wheat, Barley & Sorghum Farming Industry Products and Services Segmentation
  • Demand Determinants
    Major Markets
  • Exports
  • Food and beverage producers
  • Animal food
  • Seed
  • Chart: Major Market Segmentation for the Wheat, Barley & Sorghum Farming Industry
  • International Trade
    Business Locations
  • Chart: Business Locations by State
  • Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Depreciation
  • Wages
  • Rent, utilities and other
  • Chart: Cost Structure Benchmarking – Sector vs Wheat, Barley & Sorghum Farming
  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Wheat, Barley & Sorghum Farming Industry
  • Industry Globalization
    Major Companies
    There are no major players in this industry
    Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Wheat, Barley & Sorghum Farming Industry
  • Chart: Tools of the Trade: Growth Strategies for Success
  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth
  • Regulation & Policy
    Industry Assistance
    Key Statistics
  • Table: Industry Data for the Wheat, Barley & Sorghum Farming Industry
  • Includes:
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Exports (2007-2021)
  • Imports (2007-2021)
  • Wages (2007-2021)
  • World price of wheat (2007-2021)
  • Table: Annual Percentage Change for Key Industry Data
  • Table: Key Ratios for Industry Key Data
  • Table: Industry Financial Ratios
  • Jargon & Glossary
  • Any fuel produced from biomass or organic materials including biodiesel and ethanol.
  • Bushel
  • A unit of mass equal to 56 pounds or 25.4 kilograms.
  • Genetically Modified
  • Also referred to as GM, organisms that have had their DNA altered through genetic engineering to exhibit desired traits.
  • Herbicide
  • A chemical agent that destroys plants or stunts their growth. Often used to kill weeds that inhibit crop growth.
  • Pesticide
  • A chemical applied to crops to kill pests.
  • Yield
  • The amount of a crop produced per acre of land, measured in bushels per acre for grains.

  • Why Buy this Report?
    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Wheat, Barley & Sorghum Farming:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Wheat, Barley & Sorghum Farming market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Wheat, Barley & Sorghum Farming, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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