Oilseed Farming Report Summary

SIC Codes: 0116 0119
NAICS Codes: 111110 111120

Chapters Include

  • Industry Overview
  • Quarterly Industry Update
  • Business Challenges
  • Trends and Opportunities
  • Call Preparation Questions
  • Financial Information
  • Industry Forecast
  • Website and Media Links
  • Glossary of Acronyms

Oilseed Farming Industry Overview

Excerpt from Oilseed Farming Report

Companies in this industry grow and harvest soybeans and other oilseed-producing plants, such as sunflower, safflower, flax, and canola (also known as rapeseed). No major companies dominate the industry.

Competitive Landscape

Demand is driven by trends in food consumption. The profitability of individual companies depends on efficient operations. Large companies have advantages in purchasing land and equipment. Small operations can compete effectively by specializing in organic and heirloom oilseeds. The US industry is concentrated: the top 15% of farms account for about 65% of revenue.

Products, Operations & Technology

The industry's primary product is soybeans, which account for about 90% of US oilseed farming revenue. Other products include sunflower seed, canola (also known as rapeseed), flaxseed, and safflower.

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