It is likely that industries like wheat milling will not enjoy gains comparable to population growth in countries and regions where other food crops, especially rice or maize, dominate.
Termination of this publication’s whole wheat survey recognizes the NAMA-Veris decision to include whole wheat flour as a separate figure in its compilations. One effort ought to be sufficient to supply such statistics.
Overlooked in these studies is the hugely important role of speculation as providing a broad enough market that price swings are actually moderated by its presence and that a market without speculation is a market that moves violently.
Growth in flour milling in recent years is not limited to nations suddenly freed from a failed system but also has occurred in developing nations where economic gains were matched by expansion in milling capacity.