Following four straight years of growth, ag retailers and their grower-customers still believe that the new year will be another good one, if only the industry can weather a few potential bumps.
Retailers feel that their precision offerings won’t suffer in 2014, even if the overall agriculture market takes a hit this year.
The past few years, ag retail equipment sales have been strong. And from all indications, 2014 will be another good year for Big IRON.
With many strong sales years under its belt, the agricultural community is hoping for another positive growth experience in 2014, but mindful of a few challenges that might keep this from happening.
Retailers are closely following herbicide tolerance and drought resistance traits.
Developing markets overseas are taxing the patience of domestic ag retailers as crop protection manufacturers allocate more and more inventory to serve this relatively newer market demand.
Despite uneven weather and uncertain commodity prices, ag retailers continued to make money in 2013.
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Members of the agricultural community might be tempted to take short-term fixes to problems, but only a long-term approach will ultimately prevail.
Recruiting consultants discussed the state of the ag workforce and strategies for finding and keeping employees at the CLMG’s recent Webinar (NOW AVAILABLE ON DEMAND).
Attendees at the annual Ag Issues Forum heard myriad agricultural topics discussed, but two issues – relations with the public and honeybee health – dominated the event.
There are plenty of changes ahead for agriculture over the next dozen years, says one expert.
Globalization, volatility and risk management are now the predominant drivers of fertilizer price and availability.
Skilled supply chain management will help keep ag retailers stocked and ready when it comes to managing crop nutrients in 2013.
The most successful companies at keeping employees are those that have an established image in their communities, clients and potential workers.
While some individual crop input prices are expected to increase, some will decrease and others will stay about the same, according to a farm business management specialist.
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