Industry Analysis & Industry Trends
Industry growth will be stimulated by several factors over the next five years, particularly as downstream markets experience a surge. The emerging biodiesel industry will boost demand for industry products, and the increasingly health-conscious public will also support growth for relatively healthy vegetable oils, like canola and sunflower. These trends in demand will cause the price of oilseed to rise, resulting in better returns for industry operators... purchase to read more
Industry Report - Industry Investment Chapter
The Oilseed Farming Industry is highly capital intensive. Operators use machines in nearly every phase of production, including soil preparation, planting, applying fertilizers and pesticides, and harvesting. Because farms rely on this heavy machinery for production, the equipment experiences more wear and tear, causing operators to spend more on repairs and replacements. Consequently, depreciation costs have risen during the past five years.
However, farms still require the use of workers to assist in activities like planting and harvesting. During these peak periods, farms will hire seasonal workers. Still, because many oilseed farmers are owner-operators, they perform much of the labor required themselves... purchase to read more