Fargo-based Bushel has acquired a joint venture owned by ADM and Cargill called GrainBridge. That follows Bushel’s recent acquisition of FarmLogs. Bushel CEO Jake Joraanstad says this platform will help farmers make grain marketing decisions. “One of the biggest complaints in agriculture technology right now is that farmers have too many tools that they are supposed to use during the season,” Joraanstad told RRFN. “If farmers do business with their local co-op or the large nearby Cargill processing center, those experiences will now be similar and easier for the farmer to use.” Joraanstad says Bushel has a role in resolving the bottlenecks within the supply chain. “Instead of waiting weeks to reconcile deliveries between facilities, Bushel is allowing you to do that on the same day and multiple times per day.” Bushel’s platform now reaches 40 percent of the grain origination in the U.S. and Canada. The GrainBridge employees will join the Bushel staff and will remain based in Omaha.
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