Difficult times ahead for grain elevators; merger pressure to rise
Grain elevators “are in for a difficult 2016/17 season,” says agricultural lender CoBank, citing demands for more storage space while prospects darken for revenue from grain merchandising and grain drying. CoBank senior economist Tanner Ehrnke said financial belt-tightening was certain and “pressure for consolidation will likely intensify in an environment of slimmer profit margins.” A growing… » Read More
FERN’s Ag Insider gives you the reporting you need every day to navigate the difficult terrain of food and agriculture policy. Editor Chuck Abbott has been covering this beat for nearly three decades — few journalists have the connections in the halls of power and the understanding of the issues that Chuck does.
Executives and leaders across the political and corporate spectrum consider FERN's Ag Insider an essential read. Get the reporting you need every weekday. Subscribe now to get full access! Don’t miss out.
Features include:
- • In-depth reporting and analysis
- • A roundup of key reporting from a range of sources
- • Articles tagged and viewable by subject
- • A searchable archive of all Ag Insider reporting
- • All this PLUS a newsletter summary in your email inbox every weekday morning.
As low as $6.60 / month
30-day free trial
Subscribe
