THE EVOLUTION OF THE US WHEAT INDUSTRY

THE EVOLUTION OF THE US WHEAT INDUSTRY The US stem turn industry demonstrates how integration across the food chain sens raise might. At the beginning of the century, it was much like what India is today. It was fragmented, with a proliferation of small regional grocerys. There was no standard dictate system; each state had its own informal grades. Farmers, although large, were occupy by traders, who often bought wheat at low prices by claiming that it was poor or that demand was weak. The storage, handling, and transport infrastructure was limited.

The breakup agent was high intermediary margins, a dearth of faultless market signals to producers, waste, and low processing yields. Today, however, the US industry is the bench mark for efficiency in grain processing and procurement. Its farmers produce 36 bushels per acre, genius of the highest yields in the world, and its millers achieve flour extraction levels of 75 percent. Its average waste level of 2 percent is the net in the world, an...If you want to get a full essay, enact it on our website: OrderEssay.net

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