The entire operating model of grain elevator facilities is based on high quantity and low margins, says a report at Precision Ag.
With grain yields skyrocketing and new production innovations impacting the field, a number of roadblocks have emerged with regard to getting grain out of fields and into processing facilities.
If the agriculture industry wants to achieve true blockchain transparency, then the present operating model must change.
Digitizing elevator facilities will allow for inbound and outbound processing 24/7, without needing to hire full-time staff to operate each location at all times.
Agriculture operations that digitally transform will be able to capitalize on the fast-moving market by accepting higher-quality grain and selling it much quicker.
Read the full article here.
