Global Commodity Oversupply and Industry Consolidation to Reshape U.S. Grain and Farm Supply Industries
Strong Dollar and Foreign Competition Add to U.S. Producer and Retailer Challenges
DENVER (December 8, 2016) — A confluence of market factors will dramatically reshape the U.S. grain and farm supply industries between 2017 – 19, according to new report from CoBank. Continued low commodity prices, increased foreign competition and the strong U.S. dollar will stress U.S. crop and animal supply chains leading to more industry consolidation, which will introduce the next phase in the evolution of the agricultural industry.