The Corn Farming industry declined over the five years to 2015, falling from historic highs in the past five years. Government regulations created a significant new market for corn, causing corn production to skyrocket in the early part of the past five years. However, this increase in production has eventually led to an oversupply of the crop, especially as downstream biofuel production has slowed. Nevertheless, global demand for corn has renewed and planted acreage will decrease, leading to healthy demand for the crop in the next five years.
Operators in this industry primarily grow corn (except sweet corn) and produce corn seeds. Corn commonly refers to the grains or kernels of the tall annual cereal grass, Zea mays, and is a staple cereal in many parts of the world. In the United States, it is most commonly used as livestock feed and in the production of ethanol, sweeteners, oil and other products.
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.