Rabo Ag Focus - US Floriculture and nursery
The floriculture and nursery sector is one of the fastest growing agricultural sectors in the U.S. The growth can be attributed in part to the rise of large-scale retail chains, having focused on bringing a bigger, broader and lower priced selection of these products to the masses. Further growth prospect for the sector will depend on how well it addresses its current set of challenges, namely the growing bargaining power of retailers, competition from imports and higher costs of prodcution due to rising energy, labour, transportation and property costs.
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