Despite Economic Troubles, Ag Retailers Expect Robust Demand

DENVER, CO – Ag retailers are on relatively firm footing as they prepare for spring following a tumultuous 2019 growing season marked by adverse weather, flooding and delayed harvest. Existing inventories of seed, agrochemicals, and fertilizer should meet customer needs during the 2020 planting season, which is expected to see an expansion in planted corn and soybean acres. A new report from CoBank’s Knowledge Exchange division indicates that demand for crop protection products and spraying, fertilization and other customized application services will likely be robust, given current field conditions and the larger than expected increase in acres.