In the News
2023 Trends That Will Drive Change in the Food and Agriculture Industries
2022 brought new challenges to the world economy and the agricultural industry. We’ve witnessed the consequences of COVID-19 and war in Europe, leading to rising gas and electricity prices, continuous difficulties in sourcing ag equipment, and parts scarcity. However, food demand hasn’t decreased, and growers still face the challenge of feeding a fast-growing population.
Growing new opportunities with flexible financing
The initial partnership was focused on offering competitive and flexible retail financing programs for KIOTI tractors, UTVs and implements. In 2016, the DLL and Daedong-USA partnership expanded when DLL created an Asset-Based Whole Goods Lending (ABL) facility, providing exclusive inventory finance solutions to Daedong-USA’s dealers.
Trends in 2024 Continue to Connect the Agriculture and the Food Industry
The world economy is facing difficulties due to inflation driven by external factors like higher gas and oil prices. Additionally, the rapid population growth has led to a substantial increase in food demand.