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The Shifting Strategies of Big Agribusinesses

Farms are pushing Cargill and ADM for better prices and sometimes competing with them directly

File Photo
File Photo

The changing dynamic between agricultural companies and their farmer suppliers is forcing a shift in strategy among U.S. grain giants, reports The Wall Street Journal.

Cargill β€” which generates $115 billion in annual revenue β€” and its rivals are pushing efficiency at grain facilities, developing new technology for crop-planning and providing more personal attention to increasingly sophisticated operators of larger farms.

Among the shifts: low crop prices, farmers with more capacity to store their grain and competition for crops from livestock operations and ethanol plants. Venture capital-backed startups are developing services that scan a wider range of grain buyers or connect farmers directly with food makers.

Read the full article at The Wall Street Journal.

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