Retail Business
The company, known for its extensive work in soybeans, formally moves into the corn marketplace with its introduction of Maverick herbicide, now available for use this season.
Tweaking three financial assumptions challenges most ag retailers to realize their income statements can go from showing a profit to only breaking even.
Realize 6, 7 or even 8 figures of savings without reducing your most valuable resource—your people.
Numerous measures were announced over the weekend in response to SVB which now appear to reduce the risk of financial contagion.
K&R conversations with more than 15,000 prospective candidates in 2022 validate how top leaders continue to look at career opportunities from a different lens.
Incorporate good ideas into your company’s DNA today. Work to do that before the stress of the coming cycle downturn paralyzes you from investing for the future.
Grant Mason, sales manager for Wheeler Brothers Grain in western Oklahoma, shares how the team doubled their agronomy business in just a few years.
Key items we are watching this week include inflation (CPI and PPI) and retail sales reports, earnings from Andersons, Deere, Mosaic and Nutrien, and USDA’s baseline forecast.
Going forward, strategic planning should focus on three tangible activities
The drop in natural gas and fertilizer prices is very noteworthy, while equity markets have begun the year higher.
In the Agri-food Executive Briefing for the week, seven items are highlighted on the watchlist.
With the expansion of the U.S. soybean processing industry due to the push for green fuels farmers are looking for a new home for the extra meal...and they’re finding it in Morocco.
Instead of focusing on adding more to the to-do list, start a “stop list.” You can stop doing things altogether, or you can stop doing them in a particular way.
Ag retail has been cemented in supplying farmers with solutions to needs. But remaining stubbornly rooted in yesterday’s success poses risk to today’s infrastructure crumbling to serve the farmer of the future.
I’ve reformulated Porter’s list and labeled the forces as “pressures.” Along with these pressures that most businesses face, there are trends to consider.
Brice Bonin is Sales/E-Business Support Administrator at Nu-Way K&H Cooperative. She details what their team has learned with two years of hosting a digital portal for their agronomy and energy business.
CEO Kevin Still says this is an unprecedented cash return, and its shows two things: the business had a great year in 2022, and also he’s working to focus on the future of the co-op.
Investing in customer service has built the business for Marion Ag Service.
This year’s Retailer of the Year, Marion Ag Service Inc., has adopted four core values, which resonate in all corners of the business.
Clayton Cunningham, Seed Hub manager at Crops 63 for Ceres Solutions, shares the main driver in farmers picking their seed choices.
Fufeng USA is purchasing 370 acres in Grand Forks to build a $700 million project. A government review didn’t raise enough red flags to block the proposal, which has refueled the debate about foreign land ownership.
Matt Clark shares how Ceres Solutions is challenging itself and challenging growers to adopt technology to improve how they do business. And he talks about a unique “test plot” for technology.
After a year of price volatility for agricultural inputs, 2023 is set to be a “normal” year for fertilizer and pesticide costs. . .
Known for the team’s incredible caliber of customer service and integrity, Marion Ag Service empowers its grower customers to thrive.
A rising tide of unique market circumstances may mask key business differentiators.
How it can turn around a company and accelerate innovation
Industry consultant Brad Oelmann, president at Farrell Growth Group, encourages ag retailers to stay true to their value propositions.
G-Mac’s AgTeam has 15 retail stores that will now be Simplot Grower Solutions locations.
Food prices will probably decline next year, even as global crop stockpiles stay very tight, especially for oilseeds, said David MacLennan, CEO of Cargill.
For the past four years, John Brubaker has led software company Smartwyre to exclusively serve Ag retail, distribution and manufacturers. He says the simple goal is to connect businesses with the information they need.