Latest News From Retail Business

3 Strategies to Manage Around High Fertilizer Prices
3 Strategies to Manage Around High Fertilizer Prices

Last year, farmers who bought nitrogen fertilizer early received lower prices. Will the same pattern play out this year?

From Now To The Future: Technology Builds The Bridge
From Now To The Future: Technology Builds The Bridge

Looking to the near future reveals a very different makeup of employees, as such Ceres Solutions is implementing technology to drive its business forward in customer experience, employee recruitment and retention.

Take The Time  To Think Differently
Take The Time To Think Differently

Mindset is key for innovation. During a 30-minute webinar, which is now available on demand, Shane Thomas presents five mental models ag retailers can use to augment their innovation strategies.

If Your People Aren’t In Your Mission, Your Mission Won’t Be In Your People
If Your People Aren’t In Your Mission, Your Mission Won’t Be In Your People

It sounds so basic, yet most companies have significant gaps in sharing and clarifying their missions.

Short Staffed: The New Pandemic
Short Staffed: The New Pandemic

What the pandemic has shown is that “life-work balance” is important and that employees will be expecting the right balance from their workplaces.

A Connection Between The Bookends: Telus Agriculture & Consumer Goods' New Strategy
A Connection Between The Bookends: Telus Agriculture & Consumer Goods' New Strategy

Bringing 20-plus years of experience in digital agriculture and data science, John Raines joined Telus Agriculture & Consumer Goods as president in 2021 as it springboarded from a series of 11 acquisitions.

Beware Of The Expense Tail
Beware Of The Expense Tail

Just like all other boom cycles, this one will come to an end. It is important to prepare for that eventuality now.

Rural Bankers Rank Top 3 Farmer Challenges. Do You Agree?
Rural Bankers Rank Top 3 Farmer Challenges. Do You Agree?

Trouble continues in the rural economy. Rural bankers point to the issues causing uncertainty ahead.

Digital Enablement: From Challenge to Opportunity
Digital Enablement: From Challenge to Opportunity

Leading ag retailers empower teams, enhance experiences, and exceed expectations with digital enablement solutions

Kubota to Offer Additional $100,000 to a Community in Need
Kubota to Offer Additional $100,000 to a Community in Need

Cast your vote in Kubota's Hometown Proud Grant Program to help a community win $100,000, and be entered for your chance to win a sub-compact tractor or zero turn mower.

Row Crop Product Innovations Announced by Corteva
Row Crop Product Innovations Announced by Corteva

On Thursday, Corteva Agriscience announced a number of 2022-23 market introductions and advancements for its corn and soybean product lineup. 

Ferrie: Year of the Waterhemp is Underway
Ferrie: Year of the Waterhemp is Underway

Non-GMO soybeans at R2 to R3 are seeing weed flushes. You will 'burn' the beans to get rid of waterhemp, but that's a better option than leaving the weed to flourish, go to seed and fill the seed bank for next spring.

Labor Contract Negotiations Continue Past Deadline at Some of America's Most Important Ports
Labor Contract Negotiations Continue Past Deadline at Some of America's Most Important Ports

U.S. Labor Secretary Marty Walsh remained optimistic about contract negotiations between workers and shipping companies for some of the country’s most important ports, even as talks extend past a previous deadline.

Sulfur Safety: Fertilizer Plant Fire Sheds Light on the Importance of Safe Handling Protocols
Sulfur Safety: Fertilizer Plant Fire Sheds Light on the Importance of Safe Handling Protocols

Gold Eagle Cooperative in Hardy, Iowa suffered a scare on Tuesday afternoon when the bin under its fertilizer building exploded.

Want More ROI from Fungicide Use in Corn? Fine-Tune Your Strategy
Want More ROI from Fungicide Use in Corn? Fine-Tune Your Strategy

If your traditional approach to fungicide applications in corn is to wait until you see signs of disease pressure, it could be time to rethink your strategy.

As Anxiety Levels Increase, Farmers Eye Acreage Shifts
As Anxiety Levels Increase, Farmers Eye Acreage Shifts

Another red flag is being raised for the farm economy. In June, the Ag Economy Barometer, by Purdue University and the CME Group, fell to a reading of 97.

Fungicide Use at R1 Can Stop ‘Driver Diseases’ and Protect Corn Yield Potential 
Fungicide Use at R1 Can Stop ‘Driver Diseases’ and Protect Corn Yield Potential 

Tar spot and southern rust are increasing concerns and require a proactive management plan. Some fungicides can mitigate these and other diseases while protecting plants from stress. Retailers can guide your decisions.

Mother Nature Takes Another Small Bite Out of Crop Quality
Mother Nature Takes Another Small Bite Out of Crop Quality

Corn and soybean yield potential took another hit across the U.S. this past week, according to the USDA Crop Progress Report.

Stalk Borer is On the Move. It’s Time to Scout
Stalk Borer is On the Move. It’s Time to Scout

The pest injures corn most often during the VE through V5 growth stages. Timing foliar insecticide applications is critical. They are only effective when the larvae migrate and are exposed to the pesticide.

Ferrie: ID Your Agronomic Issues to Grow More Bushels
Ferrie: ID Your Agronomic Issues to Grow More Bushels

Figure out which 'sins of spring' are plaguing your cornfields. Also, sign up for Corn & Soybean College. It's just a few weeks away. We have all new agronomic topics to help you take more grain to the bin this fall!

John Phipps: Remarkable Mix of Conditions Have Now Created Rare Opportunity to Lease Equipment
John Phipps: Remarkable Mix of Conditions Have Now Created Rare Opportunity to Lease Equipment

What advantages or disadvantages are there to leasing farm equipment? John Phipps walks through the many pertinent factors to making this decision, including current red-hot used equipment values and interest rates.

See The Business For What It Is, Not Your Vision Of It
See The Business For What It Is, Not Your Vision Of It

Teamwork is a key theme for Nelson McCord, senior manager of retail operations at Simplot Grower Solutions.

Jury Decision marks Fourth Consecutive Win in Court for Bayer and Roundup
Jury Decision marks Fourth Consecutive Win in Court for Bayer and Roundup

An Oregon case marks the latest in a long line of lawsuits the company has had to contend with in the past few years. Most of the 138,000 cases have come out of the U.S. residential lawn and garden marketplace.

Could the High Heat Cause Corn Prices to Repeat 1988 and 2012 Levels?
Could the High Heat Cause Corn Prices to Repeat 1988 and 2012 Levels?

Heat seemed to be the focus of the markets this week. Two veteran market analysts say if this heat continues, and drought becomes an even larger concern, commodities could see a violent run-up in prices.

U.S. Breaks 1,853 Heat Records this Week. Topsy-Turvy Forecast for Father's Day Weekend
U.S. Breaks 1,853 Heat Records this Week. Topsy-Turvy Forecast for Father's Day Weekend

Sizzling heat hit much of the U.S. this week. The NOAA reports May 2022 was among “Earth’s top 10 warmest months,” and that 2022 is the sixth-warmest year on record so far.

Is Trouble Brewing for the Farm Economy?
Is Trouble Brewing for the Farm Economy?

For the first time since September 2020, the rural economy is showing signs of weakness.

Upset to Global Agricultural Trade? Long-Term Impacts of the Russia-Ukraine Conflict
Upset to Global Agricultural Trade? Long-Term Impacts of the Russia-Ukraine Conflict

The Russia-Ukraine conflict threatens to upend world trade.

Supply Constraints Bring A Unique Opportunity
Supply Constraints Bring A Unique Opportunity

Managing the manufacturing process has been a great challenge and opportunity for Meredith Hubbell and the team at Wilbur-Ellis.

Agtegra’s New CEO: Jason Klootwyk
Agtegra’s New CEO: Jason Klootwyk

“After an extensive CEO search, in which we saw some very elite candidates, we are excited to announce that our internal candidate rose to the top against the stiff competition,” says Board Chairman Rick Osterday

Fertilizer Prices Finally Cooling Down
Fertilizer Prices Finally Cooling Down

After hitting record highs, fertilizer prices are finally cooling down.

Farmer Optimism Takes a Hit, reports Purdue Ag Barometer
Farmer Optimism Takes a Hit, reports Purdue Ag Barometer

Grower sentiment plummeted to a reading of just 99 in May, the lowest in two years. The dramatic rise in input costs “creates havoc in people’s minds,” says Jim Mintert, report co-author.

6 Machinery Trends Highlighted For Ag Retailers
6 Machinery Trends Highlighted For Ag Retailers

With the recent twists and turns in the ag retail industry—Arnie Sinclair reflects on top trends he’s seeing across ag retail, and specifically in the machinery segment.

Valent BioSciences To Expand Its Iowa Facility
Valent BioSciences To Expand Its Iowa Facility

When it was completed in 2014, the Osage plant was the world’s largest purpose-built biorational manufacturing facility.

Fertilizer Prices Have Dropped, Should You Book 2023 Needs?
Fertilizer Prices Have Dropped, Should You Book 2023 Needs?

Almost all types of fertilizer are trending lower in price. So is now the time to buy?

It's Never Easy Deciding When to Book Feed, This Year is Extra Challenging
It's Never Easy Deciding When to Book Feed, This Year is Extra Challenging

Feed costs are seeing volatile swings, even as hog prices trend higher. While the markets produce major whiplash for producers, margins on the farm show costs are increasing faster than returns.

Ferrie: That Yellowing and Striping You're Seeing are likely Zinc and Sulfur Deficiencies 
Ferrie: That Yellowing and Striping You're Seeing are likely Zinc and Sulfur Deficiencies 

Yes, the problem could also be a nitrogen deficiency or even a phosphate deficiency. Check out the photos provided to identify which deficiency your crop is encountering now and determine next steps.

Right Now: Top of Mind Challenges for Ag Retail Leaders
Right Now: Top of Mind Challenges for Ag Retail Leaders

Brett Bruggeman says their business starts with the customer, and he’s a believer in segmentation as such identifying customers by appetite to growth, transparency with data, and willingness to advocate.

Iowa-Based Landus Joins Integrated Agribusiness Professionals
Iowa-Based Landus Joins Integrated Agribusiness Professionals

IAP serves more than thirty independent retailer-owners with locations across the United States with sales exceeding $2 billion

Premium Diesel
Will Record-High Diesel Prices Race Even Higher with EU's Partial Ban on Russian Oil?

Even with the partial ban by the European Union, one industry expert says it's possible diesel prices will see a slight reprieve in the coming weeks; however, it won't come in the form of dollars.

Equip Future Agricultural Leaders: AgCareers.com Roundtable to Discuss Pivotal HR Trends
Equip Future Agricultural Leaders: AgCareers.com Roundtable to Discuss Pivotal HR Trends

From recruitment to retention to building trust in the workplace, AgCareers.com will host their annual HR Roundtable on June 15, discussing current trends and issues in the agriculture industry workforce.

Farmers in ‘Surprising’ State help Ease Grain Distribution Disruptions
Farmers in ‘Surprising’ State help Ease Grain Distribution Disruptions

This spring about 100 growers in New York started shipping corn and soybeans to Europe and Africa, via the Great Lakes Seaway system.

John Deere Looks for Leaps in Automation and Digitalization
John Deere Looks for Leaps in Automation and Digitalization

“The more tech we can develop to allow farmers to get productivity out of their land without having to spend so much money on fertilizer and inputs, the better off everybody is,” says John Deere's Julian Sanchez.

CRP Contract Termination to Offset Global Food Crisis Gains USDA's Approval
CRP Contract Termination to Offset Global Food Crisis Gains USDA's Approval

Participants who seek this one-time, voluntary termination do not have to repay rental payments. But they must make requests for voluntary termination in writing through their local USDA office.

Supply: You’re a Hero If You Have It, A Zero When You Don’t
Supply: You’re a Hero If You Have It, A Zero When You Don’t

Forecasting the demand and facilitating the flow of crop inputs has changed the way these businesses are operating. 

containers_exports_trade
What Biden's New Economic Framework Means for Ag Trade

President Biden spent last weekend in Tokyo, Japan. During the visit, Biden announced a dozen Indo-Pacific countries will join the U.S. in a “sweeping” economic initiative, primarily focused on countering China.

We Must Do Something Different, Alltech CEO Says
We Must Do Something Different, Alltech CEO Says

“Reducing is not enough; we must do something different,” urged Mark Lyons, president and CEO of Alltech, during the Alltech ONE Conference on May 23.

Diesel Prices Jump 37% in 10 Weeks, Gas Prices Projected to Hit $6.20 by August
Diesel Prices Jump 37% in 10 Weeks, Gas Prices Projected to Hit $6.20 by August

The White House is considering waiving U.S. gasoline environmental rules aimed at reducing summertime smog, hoping the waiver will combat rising pump prices, Reuters reported.

Is the Soybean Market Getting Nervous About Supplies? Here's What the Latest Price Run Tells Us
Is the Soybean Market Getting Nervous About Supplies? Here's What the Latest Price Run Tells Us

Soybean prices are up 7.4% since May 9, with prices surging again this week. The July soybean contract posted closes in the green four out of five days this week, kicking the week off with a 63¢t price jump.

anhydrous ammonia
World’s Largest Clean Ammonia Production Facility to be Built in Louisiana

Nutrien announced this week it will build the world’s largest clean ammonia production facility in Geismar, Louisiana, to “decarbonize agriculture.”

Filling A Tractor Tank Daily Now Costs Some Farmers $1,000, Double What It Did a Year Ago
Filling A Tractor Tank Daily Now Costs Some Farmers $1,000, Double What It Did a Year Ago

U.S. diesel prices are the highest ever, with warnings of shortages, especially in the eastern U.S., and the most intensive part of the farming season is still ahead.