Industry Analysis & Industry Trends
The Soybean Farming industry in Canada has been immensely volatile throughout its history, but the five years to 2015 have been largely positive. The 2010 Renewable Fuels Regulations have revived soybean farming, providing a new source of industry growth. The future for Canadian soybean farmers looks bright, as demand is anticipated to keep growing and renewable energy targets continue rising both domestically and internationally. To meet this demand, farmers will increasingly use genetically modified (GM) seeds to push yields to levels three times higher than they were 50 years ago... purchase to read more
Industry Report - Industry Key Buyers Chapter
The Soybean Farming industry is overwhelmingly characterized by family owned individual farms. In most cases, soybean producers operate as partnerships and sole proprietors rather than corporations. Furthermore, the industry remains largely fragmented due to a low level of consolidation.
Nevertheless, there has been a long-term trend toward fewer farms across the agricultural sector, and this trend applies to soybean farming as well. It is a result of rising costs and competition that make it difficult for smaller farms to succeed. Owners of these small farms are forced to form cooperatives or sell their land, leading to fewer farms that are larger in size than before... purchase to read more