Early CropLife 100 Returns Report: The Mystery Of 2014

Fall is in full swing. Here at CropLife, we are busily collecting data from our annual CropLife 100 ag retailers survey. Now in its 30th year, the CropLife 100 has become something of a badge of honor for those retailers that make the list. But it also provides an invaluable snapshot of what the state of agriculture is for the current year and gives a glimpse of what might be coming down the line in the year ahead.

Except for this year, that is. Since 2009, most of the information from the CropLife 100 survey the past three years has pointed to plenty of optimism when it comes to the overall state of the ag marketplace. And this has largely played out as expected, with community prices staying high and grower-customers spending plenty of capital on products and services.

But there are signs 2014 won’t be as rosy in terms of market trends as the previous three seasons. For one thing, the major market driver the past few years, fertilizer, looks as if it will have a rougher road in the coming year. More than half of the early CropLife 100 surveys predict growers will downsize their corn acreage in 2014 and turn to more soybeans instead, using less fertilizer in the process.

How would you rate your level of optimism for 2014? (1=very low, 10=very high)

View Results

Loading ... Loading ...

Despite this fact, more than 80% of these same ag retailers are planning to invest more money than they did in 2013 into expanding and upgrading their outlets. Furthermore, many respondents have noted this capital is being used specifically to expand fertilizer storage capabilities.

It’s a similar tale with the overall outlook for 2014. When asked how their grower-customers feel about their prospects for the coming year, more than 60% say this group is “somewhat pessimistic.” Yet, when asked to rate their own feelings for profitability in 2014, the majority of respondents rank the year as a seven on a scale of one to 10 – on par with the seven or eight the market has averaged the past few years on this same question.

As I said, these are some early returns, with about 33% more yet to come in. Still, based upon the initial data, 2014 could be a head-scratching year for agriculture.

Leave a Reply

Eric Sfiligoj Stories

Eric SfiligojCourt Rejects EPA Objection To Enlist Duo
February 1, 2016
It was pretty big news last fall when, just before Thanksgiving, the EPA attempted to withdraw its approval of Dow Read More
Soybean field
Eric SfiligojThe Biotech Crop Use Divide
February 1, 2016
A few years ago, I wrote a column speculating that the anti-biotech crop movement was beginning to lose some of Read More
Seed bags in warehouse
Eric SfiligojFeedback From IFCA: Growers Looking To Cut
January 25, 2016
For anyone paying attention to the agricultural marketplace lately, the numbers are ugly. Between 2014 and 2015, grower-customer income dropped Read More
Syngenta Sign
Eric SfiligojSyngenta In Play: Who Will Win the Prize?
January 18, 2016
Last week, while many business analysts watching in horror as global stocks tanked across the world, one agricultural company’s stock Read More
Top 100 Articles
Elburn Cooperative
CropLife 100Elburn Cooperative Members Vote To Join CHS
December 28, 2015
With 81% of eligible producers voting, 94% cast an affirmative ballot for Elburn Cooperative, a diversified agricultural retailer based out Read More
West Central Cooperative, Jefferson, IA
CropLife 100Farmers Cooperative-West Central Merger Approved
December 21, 2015
The members of Farmers Cooperative Co. (FC), Ames, IA, and West Central Cooperative, Ralston, IA, have both approved the merger Read More
Wheat Growers Innovation Center, Bath, SD
CropLife 100Wheat Growers Opens Innovation Center
December 21, 2015
Wheat Growers’ commitment in providing its farmer-owners with the latest in technological advancements now has a one-of-a-kind focal point, as Read More
CropLife 100ARA Selects The Andersons As 2015 Retailer Of The Year
December 9, 2015
The Agricultural Retailers Association today named Maumee, OH-based The Andersons as its Retailer of the Year for 2015. The award Read More
CPS Washington Court House John Deere Sprayer
CropLife 100Application Equipment Report: It Is Easy Being Green For Top 100 Ag Retailers
December 5, 2015
On The Muppets television show, Kermit the Frog is famous for singing a song about the troubles he encounters in Read More
Fertilizer Bin
CropLife 100Fertilizer Sales: Another Down Year For Top 100 Ag Retailers
December 4, 2015
In pure number terms, the fertilizer category still dominates all crop inputs/services among CropLife 100 ag retailers. In 2015, for Read More
Latest News
Soybean field
FungicidesFour Arysta Fungicide Formulations Given FIFRA Approval…
February 8, 2016
Arysta LifeScience North America recently announced the issuance of Federal Insecticide, Fungicide, and Rodenticide Act (FIFRA) Section 2(ee) Recommendations for Read More
FungicidesAgri-Fos Systemic Fungicide Plus Receives EPA Registrat…
February 8, 2016
Vivid Life Sciences has announced the EPA registration of Agri-Fos Systemic Fungicide Plus, a highly concentrated active ingredient phosphite fungicide, Read More
Crop InputsBayer Contests EPA’s Decision On Valuable Insecticide F…
February 5, 2016
Crop Science, a division of Bayer, has announced it has refused a request by the Environmental Protection Agency (EPA) to Read More
Wheat Field North Dakota
Seed/BiotechSyngenta Wins Seed Fraud Suit Against South Dakota Grow…
February 5, 2016
Syngenta has obtained a $25,000 settlement from Paul and John Mayclin, Mayclin Farms, Plankinton, SD, in response to their Plant Read More
ManagementOABA Annual Conference Wraps Up In Columbus
February 5, 2016
More than 300 Ohio AgriBusiness Association (OABA) members and industry professionals were on hand to engage in collaborative learning and Read More
Crop InputsBayer To Contest EPA Flubendiamide Decision
February 5, 2016
Crop Science, a division of Bayer, announced today it has refused a request by EPA to voluntarily cancel the uses Read More
Syngenta
Seed/BiotechNot So Fast: ChemChina Syngenta Takeover Could Draw Nat…
February 5, 2016
State-owned China National Chemical Corp. (ChemChina), which plans to buy Swiss seeds and pesticide maker Syngenta, will promptly start preparations Read More
Rendering of Syngenta Seedcare Institute expansion
Seed/BiotechExpansion Of Syngenta’s North America Seedcare In…
February 4, 2016
As demand for seed treatment knowledge and products grows among farmers, retailers and others in the seed industry, Syngenta is Read More
Soybean Field
Industry NewsArysta LifeScience Strengthens Sales Team
February 4, 2016
Arysta LifeScience North America recently announced three new personnel additions: Jake Cook and Peter White are Territory Sales Managers for Read More
Davor Pisk Syngenta COO
Crop InputsSyngenta COO: Why ChemChina Offer Beat Monsanto’s
February 4, 2016
Syngenta Chief Operating Officer Davor Pisk says he is confident the proposed acquisition by ChemChina will ultimately help preserve choice Read More
Young corn plants in soil
Crop InputsKoch Biological Solutions Invests In Pathway Biologic
February 4, 2016
An affiliate of Koch Biological Solutions, LLC has acquired a minority equity position in, and entered into collaboration with, Pathway Read More
Crop InputsABG: China Signs Off On Monsanto’s Roundup Ready …
February 3, 2016
Monsanto Co. on Wednesday announced it plans to launch its Roundup Ready 2 Xtend soybeans in time for the 2016 Read More
Syngenta headquarters in Basel, Switzerland
Crop Inputs6 Things To Know About The ChemChina-Syngenta Deal
February 3, 2016
After months of rumors and speculation, Syngenta has announced that ChemChina has offered to acquire the Swiss-based company. “In making Read More
FertilizerPhosphorus: Is Band Or Broadcast Application The Better…
February 3, 2016
Is band or broadcast application the better method when it comes to phosphorus? The answer to this question depends mostly Read More
Syngenta Sign
Crop InputsChemChina Nearing Deal To Buy Syngenta For Record $43 B…
February 3, 2016
China National Chemical Corp. is nearing an agreement to buy Swiss pesticide-and-seeds-maker Syngenta AG for about 43.7 billion francs ($42.8 Read More
Herbicides2015 ASA Trials Demonstrate Valent Fierce XLT Herbicide…
February 2, 2016
Valent U.S.A. today announced that new Fierce XLT Soybean Herbicide ranks in the top tier among growers for length of Read More
Crop Protection Products in storage
Paul SchrimpfCrop Input Selling: Return Of The Price List
February 2, 2016
It was a good 15 years ago, shortly after I first started writing for this esteemed publication, that it all Read More
Potash storage at Growmark
FertilizerThe Phosphate And Potash Outlook For 2016
February 2, 2016
Like other commodities, prices of the leading plant nutrient products dropped sharply in 2015. At this writing, the price of Read More