Registered office: 3rd Floor, The Minster Building, 21 Mincing Lane, London EC3R 7AG. Joranstaad explains that the GrainBridge original approach was that ADM and Cargill elevators would be the first to use the innovative platform, and eventually other elevators would be brought in to use the system. A final thought about GrainBridge is its unique structure and history. This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. "Today 40% of the U.S. and Canada grain origination market is using our tool," Joranstaad says. . GrainBridge is available at no cost to producers in North America. Copyright 2022. Submitted By : Trinidad Hill Verifier Bushel is counting on the deal to cement its claim of being the largest digital network for U.S. grain growers and buyers. "Companies that buy volume from the farmer are using our tool. ADM joins Cargill in becoming a Bushel client, giving what the Fargo, North Dakota-based firm bets will be an edge in the crowded space of digital agriculture trading platforms. AppGrooves experience. View pricing and marketing data from ADM and other buyers, Look up information about participating nearby elevators, Retrieve grain contracts, scale tickets, and payment information, Set alerts for target prices and delivery periods. Finish setting up your account for the full AppGrooves experience. Launched in 2017, Fargo, North Dakota-based Bushel aims to digitalize the grain industry via its software platform that integrates different systems in the grain supply chain - from . We looked at weather and satellite data to try and understand the planet better. Free to Enable . Official Links of Grainbridge Login website is provided in this page. 10/29/2018. What features will GrainBridge offer right away? Archer-Daniels-Midland Co. and Cargill Inc. sold their technology venture GrainBridge to startup firm Bushel Inc., which seeks to deepen digital trading connections for the U.S. and Canadian grain industry. ADM is pleased to roll out GrainBridge, a new digital tool that simplifies the grain marketing process and will help you make more profitable decisions. English (United States) franais (Canada) . Bushel acquires ADM, Cargill joint venture GrainBridge, Export Sales: Tallies slump to disappointing levels, Corn, soybean producers critical factor in U.S. red meat success, Rail companies, unions extend deal deadline, Rise in partisanship complicates Farm Bill, Traction Ag, accounting startup acquires Granular Business, Companies launch grain marketing digital platform, Allowed HTML tags: . 3 min read. Simply log on to GrainBridge.com, open an account, and you can easily link your separate accounts. November 13, 2020 at 6:45 pm CST. At GrainBridge, security is a core competency of the company. Johnson: Theres been a lot of work done on the agronomy side of the equation, such as bringing data to better seed varieties, variable-rate technology, yield forecasting and remote imagery. He points to the extensive development of roads, bridges, rivers and barges to export grain developed in the last century. Terms of the deal, announced Tuesday by Bushel, werent disclosed. 2 yellow corn anymore," he says. Then well integrate other relevant data, such as your crop insurance coverage, production and yield variables, and forecasts from agronomic apps. Bushel works in the background handling the transaction. Weve put a lot of work into putting the right plumbing in place to separate producer data from buyer data. Among other planned enhancements, future versions of GrainBridge will incorporate agronomic and risk-management tools. Any statement of facts herein contained are derived from sources . "It's not just No. The joint venture will develop digital tools to help North American farmers consolidate information on production economics and grain marketing activities into a single digital platform, at no cost to them. Learn more about each company at bushelpowered.com and grainbridge.com. Ask for ideas anytime. With a permission-based data sharing and visualization system there can be improved data-based decision-making. Joranstaad has a vision for a digital infrastructure for the grain market, the GrainBridge acquisition builds on that goal. Yes. My personal data will be processed in accordance with our Privacy Policy. Johnson: GrainBridge brings data together from multiple places to give you a clear view of the financial position of your farm. If youre an ADM FarmView user, the transition from ADM FarmView to GrainBridge will be simple. ", The acquisition brings two key features to Bushel. Don't miss new videos Sign in to see updates from your favourite channels Sign In coupons for your favorites apps every week. Johnson: GrainBridge safeguards customer data and privacy. We see GrainBridge as a data refinery that pulls in data from many different sources to help you become more profitable. Data will not be accessible on GrainBridge unless approved by an individual account owner, and confidential customer data will never be shared among participating companies. Fargo software firm expands digital infrastructure reach with acquisition, working to provide industry a data-based approach to commodity marketing. Based in Effingham, Ill., it supplies ingredients that make the. The older platform still exists but is now called GrainBridge Advisor. Bushel announced today, Oct. 12, it has acquired GrainBridge. Subscribe to get reviews, tips, and similar game recommendations! New features for a new year After GrainBridge's launch late last year, we've been busy incorporating user feedback into our product. Both the GrainBridge platform and the company's employees will become part of Bushel, and Cargill and ADM will transition their customers over to the startup. Receive timely market recommendations from a team of ADM grain marketing professionals. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. ADM joins Cargill and more than 200 other local country cooperatives, processors, feed mills, ethanol plants and other biofuel companies collaborating in building a digital infrastructure network. All rights reserved. The information and recommendations in this communication are subject to change without notice. Most farmers know ADM as a grain business. Archer-Daniels-Midland Co. and Cargill Inc. sold their technology venture GrainBridge to startup firm Bushel Inc., which seeks to deepen digital trading connections for the U.S. and Canadian grain . Just in time for harvest, you can sign up for a mobile friendly account at GrainBridge.com (its free!) GrainBridge is an Omaha-based ag tech company creating software for farmers. Im excited to be here because GrainBridge will help farmers market their grain better by understanding their grain position and how to maximize their profits. On the GrainBridge side, we think about using data to optimize revenue with better grain marketing. English (US) See all supported languages. Bushel's system is branded to the local business, so the farmer sees only that name. Start Saving with Free Coupons Delivered Daily. From Business: ADM Alliance Nutrition Inc. is a wholly owned subsidiary of Archer Daniels Midland Company. A farmer's data is controlled by the farmer in this system. By Eric Schroeder. Bushel's approach was different. By. GrainBridge is focused first on foundational documents and data, and how they impact the profit and loss picture of your farm. It enables a lot more efficiency in this digital infrastructure. Live from New York and London, analyzing the major market moving stories across the day in Europe, hear from the biggest newsmakers and showcase the unrivaled expertise of Bloomberg News. That original application will continue, primarily to support marketing advisory firms that work with farmers. ADM is a leader in global nutrition who unlocks the power of nature to envision, create and combine ingredients and flavors for food and beverages, supplements, animal feed, and more. Joranstaad sees a day with the Bushel software at the elevator can communicate with the FarmLogs software on the farm. ADM joins Cargill on Bushel's platform, working with their respective customers to transition from . ADM and Cargill, the two major U.S.-based agribusinesses that set up GrainBridge in 2019, announced Tuesday they've sold it to Bushel, a Fargo, N.D.-based ag software and service provider that plans to gradually transition GrainBridge over to its own platform. Johnson: GrainBridge is available now for ADM customers. More recently, ADM and Cargill acquired GrainBridge in a joint venture to help us launch this all-new platformone that will help producers take their grain marketing to the next level. How will GrainBridge protect data privacy and security? The Power of the Bond Between Producers and Small Towns, New ADM Video Series Showcases American Farms, Shift Course: Create Your Fall Fertilizer Plan. We also spent a lot of time looking at global crop production and understanding agricultural supply chains. FARGO, NORTH DAKOTA, US Bushel, an independently owned software technology company focused on developing solutions for the grain supply chain, has acquired GrainBridge, LLC, a joint venture owned by Chicago, Illinois, US-based ADM and Minneapolis, Minnesota, US-based Cargill. CHICAGO and MINNEAPOLIS (March 4, 2019) Archer Daniels Midland Company (NYSE: ADM) and Cargill have successfully completed their transaction, formally launching Grainbridge, LLC. "Bushel is a branded white label product, while GrainBridge is a single place to do business," he . One issue emphasized by Joranstaad is that the system uses permission-based data sharing. From early crop-year planning until your moneys in the bank, we pledge to be the best grain marketing strategists you can find. Description. We have to advance our digital capabilities to remain a leader in the world and advance food security and serve customers. Related: Software firm Bushel acquires FarmLogs. Grainbridge Company Profile: Acquisition & Investors Well also show bids from elevators and buyers from various parts of the country. We are passionate about the need to use. How are the various contracts performing vs the market? "We've acquired the whole business including the team and I'm excited about that," says Jake Joranstaad, CEO Bushel. "Instead of having to go into the elevator to get your information you could see a profit and loss statement from a field and farm level," he says. FARGO, N.D., October 12, 2021 - Bushel, an independently-owned software technology company focused on developing solutions for the grain supply chain, today announced its acquisition of GrainBridge, LLC, a joint venture owned by ADM and Cargill Incorporated. Now We Need More. What that means is that an elevator would use the branded GrainBridge tool. The recommendations in this communication do not take into account any particularindividualsor companys objectives or needs, which should be considered before engaging in any commodity transactions based on these recommendations. ADM now joins Cargill and more than 200 other local cooperatives, processors, feed mills, ethanol plants, and biofuel companies on Bushel's platform, working with their respective customers to transition them from GrainBridge to Bushel over a period of time, further connecting the entire grain industry through the industry's largest digital . ADM cash bids and location info. I led that company for five years before I became CEO of GrainBridge in April of 2020. Once thats accomplished, well build a series of features on top of that base level. Bushel has acquired GrainBridge, a joint venture owned by ADM and Cargill Incorporated. "We feed the world from here, but the next 100 years it will not look that way. GrainBridge employees will join the Bushel team and remain based in Omaha, Neb. ADM Sells Fertilizer Too. GrainBridge is bringing farmers a big advance in technology, launching in early 2020. Contact your local ADM representative for any support. I've heard of GrainBridge before. Receive the latest ADM news, tips, and trends about grain marketing. When is GrainBridge availableand will I still be able to use ADM FarmView? Check your inbox for a special welcome gift! "The missing link is the ability to use the data collected from whatever machine or tool and apply it simply [as part of the sale].". Johnson: In this first phase, we are focused on providing farmers with information about their transactions from both ADM and Cargill, including all contracts, scale tickets and settlements in a single location. How will GrainBridge build on other ag technology? October 24, 2019, By ADM Grain Marketing Keeping track of your business with different grain buyers can be overwhelming today. The acquisition complements Bushel's strategic focus to enable the agriculture industry and push toward a digital strategy to solve what the company identifies as "real pain points" in the ag and food value chain. Cash bids, basis, and futures for Silver Grove, KY (Elevator) In a statement announcing the transaction, Doug Roose, vice president, producer marketing ADM, says: "Bringing GrainBridge and Bushel together will give farmers a path to new features and functionality, including existing staples like the ability to see local cash bids and account information.". GrainBridge: The simple dashboard that makes your grain marketing easier. TOLEDO, OHIO, US A project created to revitalize the ADM grain silo facility in Toledo is taking shape thanks to the vision of artist Gabe Gault and Urban Sight, the nonprofit overseeing the project, which is known as the Glass City River Wall. For those of you new to us,GrainBridge is the best place on the web to view bids and your contracts from ADM and Cargill. On top of these transactional documents, well build a series of features around risk-management decision support to help optimize profitability for farmers. This is not a solicitation of any order to buy or sell, but merely a collection of information related to ADM Investor Services, Inc. and commodities trading provided by ADM Investor Services. News For additional help, feel free to reach out to your local ADM representative for assistance with this process. 29 Oct 2018 29, 2018) Archer Daniels Midland Company (NYSE: ADM) and Cargill, Incorporated, have agreed to form a technology joint venture, Grainbridge . Ive heard of GrainBridge before. This will include developing digital tools designed to help farmers, in the U.S . GRAIN INDUSTRY MERGER: Grain marketing innovator Bushel has acquired GrainBridge, a joint-venture formed by ADM and Cargill to digitize grain management. "They have data science capability inside the GrainBridge group and can help us understand how to add value to customers using information we have," Joranstaad says. Create a free account to receive new The data expertise of the GrainBridge team will further strengthen the end-to-end capabilities of the Bushel platform, enabling its . Subscribe to get reviews, recommendations, and more with AppGrooves! Click on these fertilizer tools to buy products, calculate savings, and view historical pricing charts. Related: Companies launch grain marketing digital platform. GrainBridge consolidates transaction records and will soon help clarify your profitability goals. How can I find a fertilizer rep in my area? Our focus on data will make us a successful company because were trying to make you successful as a farmer. Receive weekly performance updates on ADM's ASP contract. ADMis providing this communication for informational purposes, and it is not a solicitation or offer to purchase or sell commodities. Let us help you build better margins into your bottom line. 7 were here. Informa Markets, a trading division of Informa PLC. ", That linkage between on-farm practices if shared by the farmer to grain buyer needs could open new doors to premium pricing.
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