Feed, Seed & Grain (2075-MP)

  

Overview of Feed, Seed & Grain (2075-MP)

— Feed, Seed & Grain - Operators in this industry grow, and distribute grains like corn, rice, wheat, dry beans, soybeans and other inedible beans. They distribute these products to food processors, industrial manufacturers, animal feed producers, exporters and other buyers. The industry also includes players that operate grain elevators for bulk wholesale. The rising demand for food and feed and rapid decline in arable land has augmented the demand for agricultural products which in turn exerted pressure on farmers to increase the productivity in various crops grown on available limited land. In order to avail optimum utilization of the land available for cultivation, use of improved & high yielding cultivars/seeds along with other agricultural inputs such as crop protection products, fertilizers, and irrigation are considered essential. Seed is considered to be one of the most important parts of agriculture crop production on which the use of other agri-inputs efficiency depends. Biotech seeds are consequently seen as those products which can improve the return on investment and to respond to consumer demands for economical agricultural production by increasing per unit seed production and per hectare production. The market is dominated by players such as Monsanto (U.S.), E. I. Du Pont De Nemours and Company (U.S.), Syngenta AG (Switzerland), KWS SAAT SE (Germany), and Bayer CropScience AG (Germany).