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Corn, Wheat & Soybean Wholesaling in the US: Market Research Report

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

Corn, Wheat & Soybean Wholesaling Market Research Report | NAICS 42451 | Sep 2016

Can of corn: As crops gain more prominence for nonfood uses, the industry will slowly grow

The Corn, Wheat & Soybean Wholesaling 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
Industry Statistics & Market Size
Revenue
$191bn
Annual Growth 11-16
-2.5%
Annual Growth 16-21
Annual Growth
Profit
Profit
Employment
53,717
Businesses
8,816
Industry Threats & Opportunities
  • Export markets will continue to be a large source of demand for this industry’s products
  • Demand for corn and soybeans increased from biofuel manufacturers
  • As demand for ethanol rises, prices for inputs will increase as well, strengthening revenue
  • ... purchase to read more

Industry Analysis & Industry Trends

The Corn, Wheat and Soybean Wholesaling industry is historically volatile, and the five years to 2016 have proven no different. The rise and fall of crop prices have affected revenue and profit. In the coming years, as crops gain more prominence for nonfood uses, the industry will get a moderate boost... ... purchase to read more

Industry Report - Starting a New Business Chapter

Barriers to entry in the Corn, Wheat and Soybean Wholesaling industry are medium and may be significant to some potential entrants. Regulation for the industry is heavy.

Under the Agricultural Marketing Act, industry operators must adhere to the standards prescribed by the Secretary of Agriculture with respect to handling, processing, packaging and marketing grains. To meet such standards, detailed industry knowledge is required, which may not be the case for a new entrant that does not have experience working in the industry. Additionally, the Grain Standards Act regulations specify that the Federal Grain Inspection Service is authorized to certify the quality of products sold within this industry and also inspect grain storage equipment. The.. ... purchase to read more

Additional Insights for the Corn, Wheat & Soybean Wholesaling Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Corn, Wheat & Soybean Wholesaling Industry are

  • Effective cost controls
  • Having a good technical knowledge of the product
  • Ability to control stock on hand
  • IBISWorld analysts also discuss how external factors such as Demand from animal food production and Price of corn in the Corn, Wheat & Soybean Wholesaling industry impact industry performance... purchase to read more

     


    Industry ProductsRelated Reports

    What is the Corn, Wheat & Soybean Wholesaling Industry?

    Operators in this industry purchase and distribute grains like corn, rice, wheat, dry beans, soybeans and other inedible beans. They distribute these products to food processors, industrial manufacturers, animal feed producers, exporters and other buyers. The industry includes players that operate grain elevators for bulk wholesale, but excludes players that operate grain elevator establishments for storage. Wholesalers of field and garden seeds are also excluded from this industry.

    Industry Products
    CornSoybeansWheatSorghumOats and barleySeeds and other grains
     
    Industry Activities
    Distributing grainsDistributing edible and inedible field beansOperating country or terminal grain elevators, primarily for the purpose of wholesaling


    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
  • Demand from animal food production
  • Price of corn
  • Demand from cookie, cracker and pasta production
  • Price of coarse grains
  • World price of soybeans
  • World price of wheat
  • Current Performance
  • Volatile demand
  • Ethanol fuels growth
  • Smaller industry
  • Chart: Revenue Growth
  • Industry Outlook
  • Continued biofuel demand
  • Shrinking profits
  • Exporting to meet demand
  • Table: Corn, Wheat & Soybean Wholesaling Industry Revenue Outlook
  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Corn, Wheat & Soybean Wholesaling Industry Lifecycle vs The Economy
  • Products & Markets
    Supply Chains
  • Key Buying Industries
  • Flour Milling
  • Margarine & Cooking Oil Processing
  • Cereal Production
  • Chocolate Production
  • Frozen Food Production
  • Cookie, Cracker & Pasta Production
  • Snack Food Production
  • Seasoning, Sauce and Condiment Production
  • Baking Mix & Prepared Food Production
  • Key Selling Industries
  • Corn Farming
  • Oilseed Farming
  • Rice Farming
  • Soybean Farming
  • Vegetable Farming
  • Wheat, Barley & Sorghum Farming
  • Products & Services
  • Corn
  • Soybeans
  • Wheat
  • Other
  • Seeds and other grains
  • Sorghum
  • Oats and barley
  • Chart: Corn, Wheat & Soybean Wholesaling Industry Products and Services Segmentation
  • Demand Determinants
    Major Markets
  • Feed and seed
  • Exports
  • Domestic processors
  • Biofuel producers
  • Chart: Major Market Segmentation for the Corn, Wheat & Soybean Wholesaling Industry
  • International Trade
    Business Locations
  • Chart: Business Locations by State
  • Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Depreciation
  • Additional expenses
  • Chart: Cost Structure Benchmarking – Sector vs Corn, Wheat & Soybean Wholesaling
  • Basis of Competition
  • Internal competition
  • External competition
  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Corn, Wheat & Soybean Wholesaling Industry
  • Industry Globalization
    Major Companies
    Cargill Inc.
    Archer Daniels Midland Company
    CHS Inc.
  • Table: Cargill Inc. - financial performance
  • Table: Archer Daniels Midland Company - financial performance
  • Table: CHS Inc. - financial performance
  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Corn, Wheat & Soybean Wholesaling 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 Corn, Wheat & Soybean Wholesaling Industry
  • Includes:
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Wages (2007-2021)
  • Price of corn (2007-2021)
  • Table: Annual Percentage Change for Key Industry Data
  • Table: Key Ratios for Industry Key Data
  • Table: Industry Financial Ratios
  • Jargon & Glossary
    Genetically Modified (Gm)
  • A technique where specific changes are introduced into a plant or animal's DNA by genetic engineering techniques. The most common modified foods include soybean, corn and canola.
  • Grain Elevator
  • A transportation terminal in which grain is moved from a lower level by a conveyor or elevator to a silo or other storage location.
  • Markup
  • Amount added to the cost of inputs to determine the price of goods sold. This plays a large part in determining profit for wholesalers.
  • Oilseeds
  • Class of seeds from which oil can be produced. The main oilseed sold by this industry is soybeans.
  • Wholesale Bypass
  • Practice of downstream buyers sourcing products directly from producers or growers in order to minimize costs and maximize profit.

  • 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 Corn, Wheat & Soybean Wholesaling:
    • 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 Corn, Wheat & Soybean Wholesaling 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 Corn, Wheat & Soybean Wholesaling, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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