Overview
The 573 grain and oilseed milling companies in the US produce flours, edible oils, and breakfast cereals from grains and oilseeds. Firms also sell byproducts of the milling process as animal feed or fertilizer. Major product categories are flour milling, rice milling, malt manufacturing, wet corn milling, soybean and other oilseed processing, refining and blending fats and oils, and breakfast cereal manufacturing.
Volatile Raw Material Costs
Grain and oilseed milling companies purchase large quantities of wheat, soybeans, corn, rice, and other crops as raw materials for their production processes.
Stricter Food Labeling Requirements
Grain and oilseed manufacturers must comply with a variety of food labeling regulations.
Industry Financial Benchmarks
Here are typical financial statements for grain and oilseed milling.
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