The Grain Growing industry is export-oriented and includes crops such as wheat, barley, sorghum and other grains. The industry has sustained high levels of revenue volatility over the past five years, largely influenced by adverse weather conditions that have affected local supply. Fluctuations in global grain prices and global crop supplies over the past five years have added to this revenue volatility. Industry revenue is forecast to expand by an annualised 0.9% over the five years through 2015-16, to reach $12.8 billion. However, this figure is skewed by the surge in revenue in 2010-11.
This industry consists of farms that grow coarse grains or other cereal crops. Other farms in the industry grow oilseeds, peanuts, lupins, dry field peas and beans. This industry excludes rice growing.
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.