In a new report from CoBank, agricultural retailers face three key issues over the next five years. The changing needs of farm customers are at the top of the list. CoBank said a growing number of farmers want to manage input purchases electronically without contacting an actual salesperson. Secondly, the report forecasts lower working capital for farmers. The third emerging risk is the sharply higher property insurance premiums expected this year. CoBank recommends ag retailers begin preparing now for the combination of lower grain prices and these emerging issues.
