“It’s an Industry Disruptor.” See How Ag Chemical Price Transparency Empowers This Mississippi Farmer
All across the country, farmers are paying drastically different prices for inputs— especially their ag chemicals. Even farmers who live and operate fairly close to each other can see a huge difference in the prices they pay for the crop protection products they need the most.
Without price transparency, suppliers and distributors control the market for ag chemicals. This leaves you to do whatever comparison shopping you can in hopes of finding prices that will benefit your operation.
At Farmers Business Network℠, we’re committed to giving you the tools you need to reduce your cost of production and make confident decisions for your operation. That’s why we’ve built chemical price transparency into our online store. And farmers are seeing the difference.
Price transparency changes the way Marcus Jost does business
Marcus Jost grows cotton and corn and raises catfish on roughly 2,000 acres in the eastern part of Mississippi.
While he initially joined FBN℠ for the data analytics and record-keeping tools he needed for his operation, Jost quickly saw the value in being able to utilize FBN Price Transparency when shopping for ag chemicals.
“It’s an industry disruptor,” he says. Jost estimates that he has saved as much as 15 to 20 percent each of the three years he has purchased chemicals through FBN Direct℠.
With more than 79,000 aggregated price points entered into the system, he can see what farmers near him are paying for their products and view other product options with the same active ingredient—right from his mobile phone.
"Transparency is probably the best thing about FBN. It's an industry disruptor."
- Marcus Jost, Mississippi
Let’s say, for example, that Jost paid $51.96 per gallon for a particular herbicide product last year. He can use the Price Transparency feature in his FBN app to see that the market average for that product is actually $41.63 per gallon—a difference of $10.33 per gallon!
Even better, there’s an alternative product with the same active ingredient available in the online store for just $25.50 per gallon.
With price transparency like this, you can see the savings start to add up.
“Transparency is probably the best thing about FBN,” Marcus adds. “It’s a tremendous asset to my operation.”
Are you equipped for the challenges you face?
Ag chemical price transparency is just one of many data-driven solutions we’re delivering to farmers to help them reduce the cost of production, maximize the value of their crop and make confident decisions.
Download our free report, The Future of the Family Farm, to learn more about ways we’re responding to challenges in today’s ag economy to put Farmers First®.
ALWAYS READ AND FOLLOW LABEL USE INSTRUCTIONS. It is a violation of federal and state/provincial law to use any pesticide product other than in accordance with its label. The distribution, sale and use of an unregistered pesticide is a violation of federal and/or state law and is strictly prohibited. It is your responsibility to confirm prior to purchase and use that a product is labeled for your specific purposes, including, but not limited to, your target crop or pest and its compatibility with other products in a tank mix. This information should not be used as a replacement for consulting the applicable product label. Consult the label for the most complete and up-to-date information about any referenced product. Readers must have a valid applicator license to use restricted use pesticides. Please consult your state department of agriculture for complete rules and regulations on the use of restricted use pesticides, as some products require specific record-keeping requirement