Business Opportunities in Agriculture: 150 Field Interviews (Book)

Corn Farming in the US


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This mature industry is a strong performer, with demand booming for ethanol producers. However, the domestic price of corn is the most significant factor to affect this industry, and with the possibility of alternative inputs to ethanol production becoming more cost effective, and a moderation in oil prices, industry revenue is like to moderate over the long term. The ability to alter the balance between corn crops and other products in response to changes in market conditions is important for a farm's viability. Farmers need to be able to change their production mix to maximize farm returns. ()


This is the replacement for IBISWorld's October 2008 edition of Corn Farming in the US report.

Industry Market Research Synopsis

This Industry Market Research report from IBISWorld provides a detailed analysis of the Corn Farming in the US industry, including key growth trends, statistics, forecasts, the competitive environment including market shares and the key issues facing the industry.

Industry Definition

This industry comprises establishments primarily engaged in growing corn (except sweet corn) and/or producing corn seeds. The term 'corn' commonly refers to the grains or kernels of the tall annual cereal grass Zea mays. Corn is a staple cereal in many parts of the world. In the US, it is most commonly used as livestock feed, and in the production of ethanol, sweeteners, oil and other products.

Report Contents

The Key Statistics chapter provides the key indicators for the industry for at least the last three years. The statistics included are industry revenue, industry gross product, employment, establishments, exports, imports, domestic demand and total wages.

The Market Characteristics chapter covers the following: Market Size, Linkages, Demand Determinants, Domestic and International Markets, Basis of Competition and Life Cycle. The Market Size section gives the size of the domestic market as well as the size of the export market. The Linkages section lists the industry's major supplier and major customer industries. The Demand Determinants section lists the key factors which are likely to cause demand to rise or fall. The Domestic and International Markets section defines the market for the products and services of the industry. This section provides the size of the domestic market and the proportion accounted for by imports and exports and trends in the levels of imports and exports. The Basis of Competition section outlines the key types of competition between firms within the industry as well as highlighting competition from substitute products in alternative industries. The Life Cycle section provides an analysis of which stage of development the industry is at.

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Business Opportunities in Agriculture: 150 Field Interviews (Book)