Participants in the grain storage industry provide external sites of storage to grain farmers. The industry typically serves as a link in the chain between farmers and export. Wholesalers and grain marketers use the industry's services and are active within the industry through logistics and warehousing divisions. The industry's value proposition to customers is stable over time but demand for industry services is extremely volatile. This is demonstrated by the five years through 2011-12, as industry revenue grew an annualised 15.7% to $2.23 billion. Current year revenue growth is forecast to be 4.1%.
The industry consists of companies engaged in the storage of cereal grains. Following crop harvest, grain handlers receive and sort grain according to their use and protein content. Grain is then dispatched as required whether for domestic consumption or for export.
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.