Decisive Farming and INTL FCStone expand grain marketing offering
Professional pricing program now available to Decisive Farming customers.
Calgary, Alberta (June 25, 2019) – Decisive Farming, the leading integrated farm management platform, in conjunction with its strategic partner, INTL FCStone Inc. (NASDAQ: INTL), a diversified global financial services organization providing risk management and advisory services, execution, market intelligence and clearing services across asset classes and markets around the world, announced an expansion of their physical risk management products for agricultural growers in Canada with new pricing programs and cash contracts.
The physical products offered by FCStone Merchant Services, LLC (FMS), a wholly owned subsidiary of INTL FCStone Inc., allow Decisive Farming’s customers to mitigate price risk and manage their commodity purchase and sales without tying up the physical grain to a particular elevator and the valuable resources involved in accounting, logistics and hedge management.
FMS’s pricing program, Merchants Plus, provides growers the opportunity to share in the performance of professional marketing strategies for a portion of their crop. Depending on the strategy selected, a hedging plan will be run on behalf of all participants and the gains or losses will result in an effective ‘Merchant Plus Price’ which is used to settle the growers’ cash contracts.
In addition to Merchants Plus, FMS offers cash pricing strategies that can be added to physical contracts which include Futures First and other options-based risk management tools, with the flexibility to deliver to the grower’s most advantageous delivery location.
“FMS products will add significant value to existing commodity risk management services offered to Decisive Farming’s customers,” said Remi Schmaltz, CEO of Decisive Farming. “This game changing component will bring additional tools to our growers looking to diversify their marketing approach and maintain an unbiased position in the grain value chain.”
Decisive Farming is a company dedicated to increasing farmers’ profitability, sustainability, and technology ease-of-use by providing a single integrated platform that is the farm’s primary operating system. The complete solution covers the three core farm functions; Farm Management to improve performance, Precision Agronomy to increase yield and Crop Marketing to grow farmer revenue. Decisive Farming’s platform currently has over five million acres representing 1.5 billion in annual production and is being used on forty different crop types in North America. The company is headquartered near Calgary, Alberta and has strategic partnerships with the leading distributors across the agriculture value chain. To learn more about Decisive Farming please visit DecisiveFarming.com and follow us at @decisivefarming
About INTL FCStone Inc.
INTL FCStone Inc., through its subsidiaries, is a leading provider of financial-services execution, risk management, market intelligence, and post-trade services across asset classes and markets around the world. A Fortune 500 company with a nearly 100-year track record, the company focuses on providing products and services within the commodities, securities, foreign exchange and global payments sectors. INTL customers include the producers, processors and end users of virtually every major traded commodity; commercial counter parties; and governmental, nongovernmental and charitable organizations. The company also serves institutional investors, brokers, professional traders, CTA/CPOs, proprietary trading groups, commercial banks and major investment banks. Headquartered in New York City, the company is listed on NASDAQ under the ticker symbol “INTL”. Further information on INTL FCStone is available at www.intlfcstone.com.