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Guidelines for Watching the Grain Market

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Guidelines for Watching the Grain Market

When it comes to the truck industry, you need to be aware of much more than local farmers’ production. Local agriculture is crucial, but grain itself travels on an international level. To gain a clearer view of how grain affects hopper bottom jobs, you need to look at larger trends within the industry.

Are you still wondering whether you can make a living as a hopper bottom driver? Read on to learn why developments in grain production have put hopper bottom drivers on stable ground.

The International Level

While global trade has gone down during the pandemic, countries continue to boast an appetite for grain. China, for example, has remained a steadfast consumer of grain, increasing its wheat imports. Pakistan has also contributed to this exchange by upping its import flow in the past year. In general, trade and production continue to maintain a steady pace despite wheat prices staying high.

These international trends are encouraging for global traders and local truck drivers alike. The U.S. will be able to receive imports from countries needing to get rid of extra supplies. Plus, there will always be a demand for exports since the U.S. plays a key role in providing wheat to consumer markets. As long as global trade moves freely, truck drivers will have plenty of grain products to transport within the country.

The National Level

Narrowing the focus down to a national scope, the U.S. has a foundation that should excite any hopper bottom driver. The country has secured its place as a key player in the grain industry. It continues to export wheat to China while holding wide stretches of land to keep up production. In fact, the U.S. developed more land for production over the past couple of years.

Because of the steady demand for grain, American truck drivers will continue to enjoy being a part of a leading grain exporter. Furthermore, North America leads the wheat industry, which means plenty of products to export. With local sites leading the way in grain production, hopper bottom drivers will occupy an essential role in this complex field. You can look forward to miles of driving once local and global trade is in full swing.

The connections are vast, but viewing the grain industry through fresh eyes reveals the intricacies of your job. Study the sector as a whole, and you’ll be able to better spot trends and adapt as a hopper bottom driver.