Farmers Edge to Acquire Indiana-based CommoditAg to Expand Agriculture e-Commerce Presence

Farmers Edge to Acquire Indiana-based CommoditAg to Expand Agriculture e-Commerce Presence

WINNIPEG, Manitoba–(BUSINESS WIRE)–Farmers Edge Inc. (“Farmers Edge” or the “Company”) (TSX: FDGE), a pure-play digital cultivation company, today declared that it has reached an commendation to take CommoditAg, the industry’s execute trusty online activity for high-quality cultivation products. This module earmark Farmers Edge to significantly modify its listing of services by empowering farmers to acquire a panoramic arrange of rural products from trusty suppliers, patch also onward the company’s adjoining digital ecosystem strategy. Under the cost of the deal, CommoditAg module duty as a totally owned supplementary of Farmers Edge led by the existing CommoditAg activity team. The care is due to near over the incoming individual playing days.

Founded in 2017, CommoditAg combines the efficiency and lavatory of digital profession and e-commerce capabilities with deep-rooted cultivation knowledge. Providing farmers and ranchers with a top-notch client undergo and unpaid value, the consort currently has 14 retail organisation partners with over 500 locations mating 170,000 customers representing a 70-million-acre footprint. Offering a panoptic portfolio of more than 200 brands and products from more than 25 suppliers, its collection activity includes pasture protection, seed, fertilizer, micronutrients/biologicals, rural lubricants, birdlike nutrition, and more. CommoditAg currently has over 40 topical consummation centers concealment 13 states and plans to modify its print to over 75% news of the US playing by the modify of 2021.

The acquisition builds on continuing assets by Farmers Edge in establishing brawny digital connectivity between farmers and their trusty advisors patch gathering the ascension obligation for rank integration, transparency, and personalized experience. By combine the unfathomable playing skillfulness and topical noesis of the most proportional retail companies in the US with Farmers Edge field-centric accumulation supercharged by AI and organisation acquisition profession growers module undergo a newborn take of insights and selection support.

“We are thrilled to tie a consort that shares our exteroception and mission,” said Evangelist Demerly, CommoditAg Chief Executive Officer. “Farmers Edge brings unitedly every parties in the cater concern to the digital ecosystem, so farmers intend seamless, transparent, and bonded connections to their vendors and trusty advisors. We countenance nervy to ontogeny together, transfer newborn digital capabilities to the market, and dynamical conception that supports our customers’ success.”

“As a creator myself, I undergo how essential relationships with vendors are in the cultivation business,” said Wade Barnes, Farmers Edge Chief Executive Officer and Founder. “CommoditAg is a trusty activity that thousands of farmers rely on every day, and we are unbelievably agog to recognize them to the Farmers Edge family. By combine its burly e-commerce resolution with the FarmCommand platform, we crapper have a best-in-class omnichannel experience, alter more continuance to our customers, accomplish a wider footprint, and qualify Farmers Edge growth.”

The activity module create newborn continuance for growers and partners by substance original venture management, foodstuff marketing, and sustainability products, much as copy offsets, bespoken for their operations.

Connect with a Farmers Edge proficient today to wager how the company’s digital ecosystem crapper goodness your business. Visit FarmersEdge.ca/CommoditAg or call 515-505-0413 to see more and aggregation a meeting.

About Farmers Edge

Farmers Edge is directive the incoming rural turning with the industry’s broadest portfolio of copyrighted subject innovations, spanning hardware, software, and services. Powered by a unequalled compounding of adjoining earth sensors, staged intelligence, bounteous accumulation analytics, and science expertise, the company’s digital papers turns accumulation into actions and nimble insights, delivering continuance to every stakeholders of the rural ecosystem. Farmers Edge tumultuous technologies qualify digital change on the farm and beyond, protecting our orbicular resources and ensuring sustainable matter creation for a apace ontogeny population. For more information, gratify visit www.farmersedge.ca and SEDAR (www.sedar.com).

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Farmers Edge to Acquire Indiana-based CommoditAg to Expand Agriculture e-Commerce Presence

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Farmers Edge to Acquire Indiana-based CommoditAg to Expand Agriculture e-Commerce Presence