BerganKDV is pleased to announce the completion of our annual compilation of grain and retail farm supply company and cooperative industry benchmarking data. This year marks the 20th year we are providing this important industry data to our clients and our sample has grown to include the metrics of approximately 50 companies and cooperatives. Our main goal is to give our clients the opportunity to compare themselves to others in the industry while providing insights to trends impacting agribusiness.
In an industry where the only constants are volatility and change, 2020 obviously took the element of uncertainty to a whole new level. Despite the past year of unprecedented challenges, the industry saw strong margins, was relatively conservative in spending, and saw overall improved financial health. Here’s a preview of the various industry data included in the report
Other data points include gross profit margins of merchandise and petroleum, operating expenses and revenue, balance sheet ratios and more.
If you’d like to see how you shape up against the industry, you can fill out your contact information here to download the benchmarking report. Our agribusiness team would be happy to visit with you about your financial performance and make sure you have the right benchmarks in place to manage the ever-changing agriculture landscape, contact us here with your questions.