Written Commentary
ADM and Farmers Business Network® Launch Gradable Joint Venture to Accelerate Adoption of Regenerative and Sustainable Ag Practices
CHICAGO–(BUSINESS WIRE)– On August 19, 2024, Farmers Business Network (FBN ® ) and ADM (NYSE: ADM) announced that they have launched a joint venture, Gradable , creating a new company to expand the Gradable technology platform and enable more farmers and buyers to confidently pursue and derive value from grain produced using sustainable and regenerative practices.
First introduced in 2020, the Gradable platform tracks sustainable and regenerative agricultural practices and outcomes, making it easier for farmers to earn financial rewards. For grain buyers, Gradable provides reliable farm-level data, allowing them to easily identify and purchase grain that helps them meet growing customer demand for sustainably produced products.
Currently, Gradable, whose partners include ADM, POET, and Attebury Grain, LLC, is a leading grain procurement platform in North America, with over 20,000 farmer users across more than 12 million acres. It has scored more than 200 million bushels of corn and soybeans, analyzed 48 million acre-years of agronomic events, and facilitates over $30 million in financial incentives for sustainable practices each year. The new 50-50 joint venture will enable Gradable to expand and reach new partners and customers at every stage of the grain supply chain – from growers to grain buyers.
Read full release here
Futures and options trading involve significant risk of loss and may not be suitable for everyone. Therefore, carefully consider whether such trading is suitable for you in light of your financial condition. The information and comments contained herein is provided by ADMIS and in no way should be construed to be information provided by ADM. The author of this report did not have a financial interest in any of the contracts discussed in this report at the time the report was prepared. The information provided is designed to assist in your analysis and evaluation of the futures and options markets. However, any decisions you may make to buy, sell or hold a futures or options position on such research are entirely your own and not in any way deemed to be endorsed by or attributed to ADMIS. Copyright ADM Investor Services, Inc.
