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Having access to the latest industry information is crucial when it comes to performing at your highest level. At AmericanHort, we specialize in connecting you to the mentors, leaders, and knowledge resources you need so you can perform better day in and day out, grow faster than you ever dreamed possible, and prepare both yourself and your business for the future.
AmericanHort’s Industry Insider Reports, whether provided by video or written communication, is a tool designed to provide the important industry benchmarking information you need to maximize your business’s profitability. We are proud to align with industry experts like Dr. Charlie Hall and consultant, Steve Bailey, to bring you valuable insights to help your operation your business better. Stay tuned for future Industry Insider Reports as they become available.
This special summer supplement to the Index of Prices Paid is being generated because of the disruptions that COVID and trade instability continue to cause in the green industry supply chain, accelerating the pace of inflationary pressure on green industry inputs. This information should prove useful as growers are in the midst of negotiating with suppliers for next year’s inputs and simultaneously attempting to set next year’s plant prices.
In this Industry Insider Report, Dr. Charlie Hall, AmericanHort Chief Economist, talks about profit margins and the potential for margin compression in the green industry. Since 2008, the horticulture industry has seen a steady increase in input costs. In the video, Dr. Hall reviews the recently updated Index of Prices Paid by Growers in detail and discusses what this could mean for growers in 2020.
In the second video Dr. Hall talks about the major production inputs and what has transpired in the past year, as well as an outlook in the coming year for cost factors around Labor, Energy, Fertilizer and Transportation.
While focused on Garden Retail Center, the information in these videos is beneficial to any green industry business.
Economic industry expert, Dr. Charlie Hall, partnered with AmericanHort to launch the first Industry Insider video series to provide information on Dr. Hall’s Index on Prices paid by Grower in the Green Industry, which provides information on the key production cost inputs that are having the greatest impact on profit margin. The first video explains Dr. Hall’s index methodology. The subsequent videos discuss cost inputs such as Labor, Energy and Fertilizer costs, and Logistics and