CoBank report: Farm supply co-ops should rethink business models

 

By Amie Simpson, Brownfield

November 16, 2020

 

Farm supply cooperatives are a major provider of agricultural inputs but competition from other growing regions and low commodity prices in recent years have challenged their business models.

 

A new report by CoBank outlines ways that co-ops can create additional value and look at other options beyond consolidation.

 

CoBank Lead Economist Ken Zuckerberg saysweve seen a lot of consolidation in the co-op space, but our feeling is that consolidation does not solve underlying fundamental issues.

 

He tells Brownfield co-ops should consider partnering with an aerial imagery or robotics company...

 

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https://brownfieldagnews.com/news/cobank-report-farm-supply-co-ops-should-rethink-business-models/