THE EVOLUTION OF THE US WHEAT INDUSTRY

THE EVOLUTION OF THE US WHEAT INDUSTRY The US still hunt industry demonstrates how integration across the food chain can 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 empower system; each state had its own informal grades. Farmers, although large, were operate 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 adjournment agent was high intermediary margins, a dearth of undefiled market signals to producers, waste, and low processing yields. Today, however, the US industry is the benchmark 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 perce nt is the utmost in the world, an...If you want to get a full essay, rig it on our website: OrderEssay.net

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