Thinking Forward

The time to panic is when things are going really well. As a kid who grew up Catholic, it was the mantra we lived by. If things are going well, just wait ­— the blessings you’re enjoying will inevitably be followed by equal and opposite misfortune, so say your prayers and be vigilant! Still makes me shudder.

As an adult, this ground-in way of living manifests itself in my constant search for the next storm beyond the calm, the hidden thorn in the rose.

When it comes to agriculture, it’s not hard to find issues to be concerned about. For instance, everyone is concerned about the stability of crop prices and the persistent volatility in the cost of inputs. Land values continue to rise, and growers are increasingly emboldened to take more responsibility for products and services that retailers have traditionally provided.

But when you take the altitude up higher, the future could hardly be brighter for folks working in agriculture. Food demand is projected to increase with the growing population for the next 40 years. Fuel utilizing corn or other biomasses will also continue. With finite land resources available for growing crops, and some of the best land resources right here in the U.S., it should be nothing but blue skies.

Well, not so fast. One of the side effects of good times is that everyone on the outside begins looking for a piece of the action, while everyone on the inside hunts for ways to make even more hay while the sun is shining.

On the one end, you have folks like my brother-in-law, who over the last few years has been working to build wealth by buying and trading on the stock market. He told me about some of the agriculture market stocks he’s bought and sold and some of what I would consider very cosmetic reasons for buying and selling. But he recognizes that in a bum economy, agriculture is a place he needs to nose around.

On the inside of agriculture there’s all sorts of measured change occurring. Growers are getting bigger and more demanding of “competitive” pricing. Fertilizer manufacturers are managing supply and business to generate as much profit as possible in an increasingly global market where the U.S. is no longer the top dog as far as consumption. Seed companies are in a tooth-and-nail battle for market share as each claims victory in some aspect of the race for top yield for its genetics. You should see my e-mail inbox — “battle” is too gentle a word.

How does your operation fit as the market continues to change? Are you taking the time to think about how your business will need to evolve over the next three to five years to stay viable?

It’s a really difficult question, especially for some of the small to medium side, full-service retailers who do an exceptional job servicing grower-customers, but who struggle to find the time for strategic, long-range planning.

We have a small staff here at the magazine, and I think we do an exceptional job at the day-to-day work. Long-range planning can seem like a chore, and frankly it can make your head hurt, with little immediate gratification.

But with things changing so rapidly and both internal and external pressures pushing down on the business, thinking forward is a necessary exercise. In 2011, we at CropLife® will be getting at these key issues and offering strategies to help you manage change.

Leave a Reply

Paul Schrimpf Stories

Paul SchrimpfWorking With Walmart
June 2, 2014
It's critical for agriculture to have seats at the table as the mega-retailer works out its definition of sustainability. Read More

Trending Articles

Green Valley Ag facility
Retail FacilitiesGreen Valley Ag Adopts A.J. Sackett’s Precision Fertilizer Blending® Technology At New Facility
July 8, 2014
Sackett's Precision Fertilizer Blending® Technology is making huge strides around the world. Green Valley Ag adopts the technology at its new facility to support its advancing agronomic needs. Read More
Retail FacilitiesWaconia Manufacturing Builds Facility Designed For Speed, Efficiency
July 7, 2014
To make its new hub facility more efficient, Cooperative Elevator enlisted the aid of Waconia Manufacturing. Read More
EquipmentSummer Show Preview 2014: Superior Sprayers Take The Field
July 3, 2014
In this final installment of our coverage of the major categories of Big IRON that retailers can expect to test-drive at this summer’s events, here is a look at 19 sprayers. Read More
Scouting a soybean patch at Green Valley Ag.
EmployeesCropLife Compensation Survey: Battling Talent Drain
July 2, 2014
Retailers too often lose employees to companies outside of agriculture, while recruiting efforts are most often limited to competitors and other ag-focused organizations. Read More
HerbicidesDow AgroSciences Introduces SureStart II Herbicide
June 16, 2014
The enhanced formulation has improved viscosity and increased stability under heat and controls more than 60 high-anxiety grasses and broadleaf weeds found in corn fields. Read More
HerbicidesBASF Investing $270 Million To Expand U.S. Herbicide Production
June 11, 2014
BASF has invested more than $270 million to expand herbicide production capacities in the U.S., including more than 20 new products to be launched over next two years. Read More

Latest News

Crop InputsSoybean Checkoff Produces Big ROI
July 30, 2014
Under the soy checkoff program, all U.S. soybean farmers contribute a small percentage of their gross soybean sales for research and marketing projects that maximize their profit potential. Read More
CropLife 100Learfield Sports, CHS Agree To Football-Centric, Colleg…
July 30, 2014
CHS Inc. will embark on a highly integrated collegiate sports sponsorship platform with 24 Division I universities in 19 states designed to reach the farmer-owned cooperative's rural owners and customers. Read More
LegislationUSDA Implements Key Farm Bill Crop Insurance Provision
July 30, 2014
The new Supplemental Coverage Option, available through the federal crop insurance program and set to begin with the 2015 crop year, is designed to help protect producers from yield and market volatility. Read More
CropLife 100Wilbur-Ellis Forms New Organizational Structure For Its…
July 30, 2014
The new structure will provide more responsive internal support and will allow regional vice presidents and area managers to spend more time with customers, on talent development and on operational excellence across branches. Read More
Palmer pigweed in cotton
HerbicidesNew Training Modules On Herbicide Resistance Now Availa…
July 30, 2014
The Weed Science Society of America has announced the availability of three new education modules on herbicide resistance in weeds. Read More
HerbicidesWillowood To Market Glufosinate
July 28, 2014
Willowood USA recently announced that Federal EPA has approved its technical registration for glufosinate. Read More
InsecticidesHow To Scout For Corn Earworms In Corn
July 28, 2014
In her weekly report, University of Missouri Agronomy Specialist Jill Scheidt discusses what to look for when scouting for corn earworm. Read More
Crop InputsDuPont Pioneer, Weyerhaeuser Enter Technology License A…
July 28, 2014
The agreement brings together agricultural and forestry know-how to sustainably improve crop productivity for corn growers around the world. Read More
EquipmentAGCO Launches Global iPad App
July 28, 2014
The free AGCO Global iPad App can be downloaded from the Apple iTunes Store and features the full family of RoGator self-propelled sprayers and TerraGator high-floatation spreaders. Read More
Eric SfiligojYuma Centennial Ag Supply Earns 2014 National Environme…
July 28, 2014
Colorado-based ag retailer receives top trophy in 24th annual DuPont Crop Protection/CropLife ceremony. Read More
CropLife 100Pinnacle Forms Alliance With Wildlife Managment, Seed O…
July 25, 2014
The strategic alliance will provide Tecomate with key wildlife products, processing facilities, distribution centers and sales through Pinnacle’s ever-growing retail network. Read More
ManagementFranken Presses White House On RFS Support
July 25, 2014
Al Franken and a group of Senate democrats recently met with senior White House official John Podesta to urge the administration to change its position on an EPA proposal. Read More
ManagementASA, FarmLink To Launch ‘Operation Benchmark̵…
July 25, 2014
The American Soybean Association (ASA) and FarmLink are teaming up to help farmers close the $11 billion gap between what they harvested in 2013 and what they could harvest annually. Read More
StewardshipNorthey: Farmers Commit $1.4 Million to Try New Water Q…
July 25, 2014
The practices that are eligible for funding include cover crops, no-till or strip till and using a nitrification inhibitor when applying fall fertilizer. Read More
Precision AgFarmers Learn How Changing World Will Impact Iowa
July 24, 2014
Technology and understanding global consumer demand for Iowa farm products brought hundreds of farmers and agribusiness leaders to Ames recently for the annual Iowa Farm Bureau Federation Economic Summit. Read More
HerbicidesPurdue: Late Season Weeds May Require Manual Removal
July 24, 2014
Hand-rouging and pulling late season weeds by hand may be the best way to remove them, more so than using a herbicide, a Purdue Extension weed scientist says. Read More
Soybean Field
InsecticidesTransform WG, Closer SC Insecticides Receive R&D 10…
July 23, 2014
Dow AgroSciences has received the award from R&D Magazine for Transform WG insecticide and Closer SC insecticide with Isoclast active. Read More
EquipmentKinze, Raven Team Up On 4900 Planter Monitor
July 23, 2014
Kinze Manufacturing announces a partnership with Raven Industries to develop a standalone monitor solution for the Kinze 4900 series planter. With this new Read More