CALGARY, Alberta, Canada – On October 25, 2013, INTL FCStone Inc.’s wholly owned subsidiary FCStone, LLC (FCStone) signed a strategic alliance and global license agreement with Decisive Farming™, a provider of farm software as a service (SaaS), precision agronomics, farm management and crop marketing. The agreement will allow for the integration of FCStone’s Know-Risk™ software into Decisive Farming’s web-based field to market platform, My Farm Manager™, reinforcing Decisive Farming’s position in the agriculture market as a leader in providing a wholly integrated solution to farmers.
FCStone’s Know-Risk software is used by companies around the world, particularly in the energy, food processing and agriculture industry to track their true margin on a near real-time basis by calculating their position in the market compared to the current price of commodities, including the valuation of futures and options.
“By bringing world class crop marketing and risk management software to the farm, it allows the grower to connect their farm data directly to the financial markets. This creates a powerful synergy by unifying the farmer’s agronomic, financial and other farm data into one decision platform.” said Remi Schmaltz, CEO of Decisive Farming. The Know-Risk Farm Management service is available through My Farm Manager and is designed to help farmers attain greater farm profitability by focusing on margin, while removing emotion from decision making.
John Snell, a Senior Vice President with FCStone, said, “this is very exciting for the agricultural industry. Combining Decisive Farming’s precision agronomy services, our Know-Risk software and the web based My Farm Manager allows for the delivery of a single field to market service for farmers around the world.”
Decisive Farming and INTL FCStone have been working together for more than 3 years, and they continue to strive to bring the ag industry new decision-making services that lead to greater profitability, all supported by excellent customer service.
INTL FCStone Inc. is a Fortune 500 company, providing their commercial and institutional customers across the globe with a comprehensive array of products and services, including proprietary Integrated Risk Management Program (IRMP®), as well as exchange and OTC execution and clearing services; physical trading in base metals, precious metals and grains; a global foreign exchange and currency payment service; investment banking advisory services; asset management; equities market-making; and securities execution and trading. www.intlfcstone.com
Decisive Farming Corp. provides a wholly integrated software as a service solution for farmers. Allowing for farmers to be more profitable, through optimized production and increased margins; all while reducing their risk. From field to market, Decisive Farming provides the farmer with the tools they need to be the most efficient producer in the market. Decisive Farming’s services include data analytics & management, crop marketing, carbon credits, agronomics and their patent pending variable rate technology, Optimize RX™. www.decisivefarming.com