Running on biofuel
Government subsidies for ethanol production and increasing biofuel mandates are keeping corn, wheat and soybean wholesalers busy. Demand for corn and soybeans, key components in ethanol manufacturing, skyrocketed in response to the Energy Policy Act of 2005. As production of these products increased, so did revenue for wholesalers. Though the demand surge is waning, wholesalers are able to stay afloat by being competitive in the international market.
Operators within this industry distribute grains, dry beans, soybeans and other inedible beans. The US Corn, Wheat and Soybean Wholesaling industry buys the output of various crops of grains and beans from farmers and then distributes these products to a range of food and beverage processors.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.