The operating environment for F&A companies is becoming increasingly complex as new external influences compound traditional pressures like rising agri commodity prices. In this report, Rabobank addresses the flaws in the current F&A supply chain structure that leave the sector ill equipped to respond to this new complexity. It calls for the industry to transform the way supply chains are organized, by adopting longer-term supply agreements and, cooperative relationships with upstream and downstream partners. The report identifies the dedicated supply chain model as the best next step for F&A companies. This structure has the potential to revolutionize the F&A industry by making it more productive, innovative, safe and sustainable; all of which will be vital if the sector is to deliver food security to a future global population of 9 billion.