Indigo Ag completes evolution to digital merchandising application providerIndigo Ag completes evolution to digital merchandising application provider
The Andersons will act as counterparty to Indigo's remaining legacy grain contracts, helping to complete evolution.
March 14, 2022
Indigo Agriculture, the ag industry's independent technology platform provider, and The Andersons Inc., a diversified company leveraging enduring relationships and deep market expertise to add value across the ag supply chain, announced that The Andersons will act as counterparty to Indigo's remaining legacy grain contracts, helping to complete Indigo's evolution from a digital merchant to digital merchandising application provider.
Beginning with the launch of direct-to-buyer contracts as a cornerstone feature of its Market+ offer last year, Indigo has continued to demonstrate its commitment to serve as a neutral and independent partner of choice for the industry with milestones including the recently announced launch of new technology enhancements and integrated ag industry partnerships. Now, by securing The Andersons' support for its remaining legacy grain contracts, Indigo is removing itself from the transaction flow, enabling the continued expansion of Market+ to directly connect a wider set of stakeholders across the agricultural supply chain.
"The sustainability mega-trend is driving an economic and structural transformation of all industries. Agriculture can harness these transformative forces to meaningfully improve profitability and efficiency for farmers and the rest of the supply chain – and we hope to be the neutral, independent, and quality-driven partner to help navigate this transition," said Ron Hovsepian, chief executive officer of Indigo Ag. "By removing itself from the business of buying grain, Indigo is proud to operate as an agnostic enabler, leveraging science and digital innovation to unlock new value for the mutual benefit of farmers and agribusiness."
Patrick Bowe, president and CEO of The Andersons, commented, "The Andersons has a 75-year legacy working with farmers with services that go beyond marketing grain to deliver value. We are excited for the opportunity to broaden our footprint by working with these growers.”
You May Also Like
Iowa turkey flocks confirmed with HPAIOct 23, 2023
Current Conditions for
New York, NY
Enter a zip code to see the weather conditions for a different location.
Colostrum in New York Holsteins: Metabolic Indicators and affected by prepartum nutritionNov 16, 2023
Wheat finds more upside in midweek tradingAug 01, 2023
Tyson Foods opens fully-cooked food production plant in VirginiaNov 29, 2023
Avian flu hits large egg laying operation, more turkey farmsNov 29, 2023