This is a sustainability-oriented blog. Topics pertaining Energy Efficiency (EE), Telecommuting, Sustainable Health/Wellness, etc., but mainly focus on solutions to non-sustainable practices and trying to address means and methods for resolving them. Sustainability is something that we all have to do, sooner or later! (Low politico please!).
This is a short, but concise article on collaboration and strategic partnerships in the agrofarm business.
In forming agreements of sole supplier, independent contractor & R&D agreements, it is clear that clairvoyance would be best to make these decisions!:-)
Unfortunately, in farming, as in many things in life, you make your bets in advance when you make your agreements and when you sow the seeds. And then you wait to see if it was the right bet given the weather appears on the horizon.
You might hedge your bets with revenue insurance and such, but your bets are pretty well planted in the ground with the seeds.
In this article, it's not so much the farm as the bins to store grains in, but the concepts and strategies still apply.