Syngenta Crop Protection President Vern Hawkins expects to see improvements within the supply chain for the new sales year. “However, we know that there are a number of areas where constraints will still continue with some of that driven by raw material issues in certain classes of chemistry.” A year ago, farmers were concerned about product shortages and wanted to take possession of their crop inputs as soon as possible. That is not happening to the same degree this fall, but there are situations where crop protection products were purchased a year ago and held over for the 2023 growing season. “There’s more inventory being held by retailers and more inventory being held by growers than normal,” said Hawkins. “We think most of that inventory is probably at retail, but it’s hard to know because we don’t have great visibility of inventory once it leaves the distribution warehouses.” Hawkins is encouraging retailers to take an active role in planning to gain insight into the inventory perspective.
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