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Cooper

Cooper Investment and Consulting featured in Agro-pages 2022 year end summary:




In early 2023, we invited our columnists to participate in a survey designed to get their perspectives on the most influential events or trends in the agri-inputs industry in 2022 and what they expect to see in 2023. We had the enthusiastic participation of 11 experts. Here are some trends and predictions we compiled based on their responses.


A look back at 2022 trends Transformation of agricultural practices and food production accelerated under uncontrollable factors:

In 2022, when much of the world was slowly recovering from the impact of COVID-19, the conflict between Russia and Ukraine suddenly broke out in February. Everyone involved in agriculture has been affected to a greater or lesser degree.


“Last year was very difficult and unstable for agricultural business. This was mainly due to two factors: struggling with the effects of the pandemic and the outbreak of the war in Ukraine. Disturbed supply chains and the rising cost of raw materials and energy had greatly impacted prices and sales of agri-input products. However, due to the high prices of soil fertilizers and their instability, some farmers were forced to reduce the dose of fertilizers per hectare or switched to crops, which require less fertilization (e.g. leguminous crops) instead of high fertilizing demanding crops (e.g. corn),″ said Anna Konieczny, International Marketing Manager at INTERMAG Ltd...

Rafael Juncosa, President and CEO at Futureco Bioscience, holds a similar view, saying, ″The uncontrollable factors set the trend towards a food production system less dependent on conventional fertilizers and chemical pesticides, and thus more environmentally sustainable. In these times, the resistance of the primary sector has become clear, but it also needs to accelerate the transformation of agricultural practices and food production towards more sustainable models. It is now essential to use the minimum of resources and to rely on innovation and technology to maintain production levels in agricultural fields.″...



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