Andersons Inc 's

The Company operates in the sale of commodities and nutrient inputs, competing with public and private grain brokers, farm retailers, elevator operators, and farmer-owned cooperatives. Competition is primarily based on price, service, and reliability. Agricultural commodity competition is generally local or regional, although some large national and international companies maintain regional grain purchase and storage facilities. A significant portion of grain bushels purchased and sold are transacted using forward contracts. For many crop inputs, particularly fertilizer, the Company sources large volumes from a limited number of suppliers, making purchasing power important for delivering value to customers.