Top Three Glyphosate Challenges in Today’s Global Market
Glyphosate is facing significant challenges throughout the global market. Concerns about its efficacy, regulatory acceptance, and oversupply continue to mount, writes Michele Katsaris at AgriBusiness Global. The glyphosate market finds itself at a crossroads, prompting industry leaders to navigate these top three challenges. We recently caught up with Nufarm’s Ken Barham, VP Sales – Crop Protection, to get his insight on the current state of the glyphosate market.
1. Highly Competitive Landscape Driven by Low Prices. “We see the key impacts to glyphosate being the lack of demand on suppliers in South America as they continue to work through high inventory levels, a highly competitive landscape driven by low prices, and just-in-time purchasing of inventory where retailers are often buying at the last minute to supply growers,” Barham says.
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1. Highly Competitive Landscape Driven by Low Prices. “We see the key impacts to glyphosate being the lack of demand on suppliers in South America as they continue to work through high inventory levels, a highly competitive landscape driven by low prices, and just-in-time purchasing of inventory where retailers are often buying at the last minute to supply growers,” Barham says.
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