Jul 20, 2016 at 03:54 PM CST
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http://farmfutures.com/story-grain-merchandisers-brace-tough-year-0-144016 With no relief immediately in sight, grain merchandisers will undergo further belt-tightening in the year ahead,” says Tanner Ehmke, senior economist with CoBank’s Knowledge Exchange Division. “Most grain elevators have solid balance sheets thanks to multiple years of strong revenues. Nonetheless, pressure for consolidation will likely intensify in an environment of slimmer profit margins.” |