USA – ADM, an American multinational food processing and commodities trading corporation, has partnered with Farmer’s Business Network (FBN) to launch a new joint venture empowering farmers and commercials with a cutting-edge grain buying platform, sustainability scoring system and premiums marketplace.
The joint venture, Gradable, is a platform created by FBN in 2020 to help farmers benefit from growing and selling grain made with sustainable and regenerative practices.
According in FBN, Gradable is a cohesive enterprise solution composed of cutting edge tools and technology, sustainability solutions, and financial services for commercials in the agriculture space.
With the Gradable platform, the partners say grain buyers can build a managed bushel program, organize your customers, and source low-carbon bushels all through one technology and service platform.
Gradable’s current numbers include 20,000 users covering more than 12 million farmed acres. Yearly, the company facilitates upwards of US$30 million in financial incentives for farmers who practice sustainable and regenerative agriculture.
Gradable Plan offers modern nutrition programs that can include conventional fertilizer, manure, biologicals and/or cover crops.
“We’re excited to partner with an agricultural leader like ADM to launch Gradable, providing thousands of farmers with powerful sustainability solutions,” said FBN CEO Diego Casanello.
“By combining our expertise, Gradable will enhance insights, incentives, and support to help growers profitably adopt regenerative practices. We believe Gradable can become the industry-leading platform.”
Former FBN Senior Director of Strategy and Business Operations Steele Lorenz has been tasked with overseeing the growth of the platform,as its CEO.
“Gradable is rapidly becoming one of the industry’s leading and largest technology platforms enabling sustainability scoring at scale. We welcome all partners from the CPG and grain buying industries and look forward to serving new markets and more farmers,” Lorenz said.
Already, ADM has laid out its principles of regenerative agriculture are based on Indigenous ways of land management and are adaptive to local physical conditions and culture.
These principles include minimizing soil disturbance, maintaining living roots in soil, continuously covering bare soil, maximizing diversity with emphasis on crops, soil microbes and pollinators and responsibly managing inputs including nutrients and pesticides.
Liked this article? Sign up to receive our email newsletters with the latest news updates and insights from Africa and the World HERE
