FEATURE U.S. flour milling industry 'resilient' H aving weathered the low-carbohydrate diet phase and the consolidation of leading wholesale ing companies large and small, even after the recent wave of milling consolidation, was written by Stephen Grains and Oilseeds; and Sterling Figure 1. Estimated gross flour milling margins are becoming more attractive, 2004-2013 Estimated margin USD/bush 13.00 12.00 11.00 10.00 9.00 8.00 7.00 6.00 5.00 4.00 3.00 2.00 Kansas City Wheat 12-17-2013 12-17-2012 12-17-2011 12-17-2010 12-17-2009 12-17-2008 12-17-2007 12-17-2006 USD/cwt 3.00 2.50 2.00 1.50 1.00 0.50 0.00 -0.50 -1.00 -1.50 -2.00 -2.50 12-17-2005 for these companies to compete by Rabobank paper says despite recent consolidation, ample opportunity remains for large and small companies 12-17-2004 spell doom for the remaining players." by Arvin Donley Source: KBOT, Rabobank, 2014 28 January 2015 / World Grain / www.World-Grain.comhttp://www.World-Grain.com