Recently, Cultura’s Product Line Manager Mike Terning visited several customers to ensure we understand the challenges that are on their minds.  He identified trends – from mergers and acquisitions to changes in customer base to supply chain disruptions and departmental performance measurement.  He has prepared a series of discussions on what he learned and would like your input, too.  Take a look at the new video below and be sure to follow along as Mike adds to this series.  Then, let us know what you think.  Get in touch on our social media sites and tag your responses with #AgIndustryTrends and #CulturaConnects.

Want to know more?  Take a look at the following articles to further understand the impact of the trend of on-going price and supply volatility:

  • Capacity is a complex issue.  While we may want to think of capacity as an infrastructure issue, rolling stock, power, employees and operating strategies (size of trains, speed of trains, timing of trains, etc.) all factor into the equation.  With capacity max’d out and those impacts on agri-business in the news, Carl Ice, president and chief executive officer of BNSF Railway addressed the NGFA in this article.
  • Record and near-record harvests in back to back years; coupled with an increase in oil production exposed the risk agri-businesses face when transportation capacity does not keep up with needs. This article shows how legislators are getting involved to address the concern of enough rail transportation capacity for agriculture.
  • This article serves as a good reminder that as grain prices fall, fertilizer may be an area where producers reduce costs.  Understanding this connection accentuates the need for careful planning, forecasting and position management.