FBN Announces Canadian Expansion, Dealer Acquisition

Farmers Business Network (FBN) today announced its international expansion into Canada for the 2018 growing season, and the acquisition of Yorkton Distributors in Yorkton, Saskatchewan. Canadian farmers can now take advantage of the rapidly growing FBN network providing growers valuable agronomic information, input price transparency, and input e-commerce.

“Since we launched in 2015, we’ve had tremendous interest from Canadian farmers. We’re excited to now be able to directly serve Canadian farmers with the FBN Analytics system and the FBN Direct e-commerce platform,” said Tom Staples, General Manager for Farmers Business Network Canada. “We’re ready to serve farmers across the prairie provinces, building a network that will boost their profitability.”

Canadian farmers can now share data about agronomic practices, seed performance and price intelligence regarding seed and crop protection products, benchmark and reap the benefits of FBN Direct. The FBN Crop Marketing platform will be available in Canada later this year. With the FBN Direct e-commerce platform, farmers can purchase inputs directly online with transparent, “no-haggle pricing,” farmer-friendly financing programs and the ease and convenience of online purchasing.

“A big challenge for Canadian farmers has been the lack of transparent pricing for inputs,” said Staples. “The FBN network has helped level the playing field through networking farms together, democratizing information and providing market transparency. All the more critical in a tough farm economy with more consolidation on the horizon.”

After getting started in Canada earlier this winter, more than 1.8 million acres of Canadian farms from Alberta, Manitoba, Saskatchewan, and Ontario have already joined the FBN network. As part of its Canadian launch, the company has hired more than ten Canadian employees to serve its rapidly growing Canadian member base. The FBN Canada operations will be based out of High River, Alberta.

FBN is Teaming Up with Yorkton Distributors

In addition to hiring a quickly-expanding team across Canada, the FBN network has also teamed up with Yorkton Distributors, a leading ag retailer from Yorkton, Saskatchewan through an acquisition earlier this month. By teaming up, FBN and Yorkton Distributors can provide Canadian farmers with access to a wide selection of popular seed and crop protection products, including generic and branded products from major manufacturers. The acquisition represents a major investment into bringing a world class data analytics and transparency platform to Yorkton Distributors’ growing customer base.

High Growth From Farmers Business Network, Inc.

The Canadian expansion comes on the heels of dramatic momentum for the FBN network in recent months. The FBN network now serves over 21 million acres of farmland throughout North America. The company also announced a groundbreaking partnership in December with Calyxt to expand the distribution and grower base of Calyxt’s identity-preserved high oleic soybeans in the upper Midwestern United States.

Creating an Independent Farm Economy to Put Farmers First

The idea for the FBN network originated from farmers who wanted to create an independent, farmer-driven information and commerce network. In the past, important information such as fair market input prices, real-world seed performance, or optimal grain delivery points were hidden from farmers or difficult to determine. The FBN network makes all this information transparent in a no frills way – driven by real-time statistics from its millions of acres of member farms.

With the price transparency and online purchasing through FBN Direct, farms have commonly saved tens of thousands on inputs, even as much as $120,000 in a single year. Yearly FBN membership is a flat fee with no punishing acreage fees, making it easily affordable for farms of all sizes.

Leave a Reply

Americas Stories
AmericasNutrien Ag Solutions Brand, New Digital Platform Launched
July 9, 2018
Nutrien (formerly Crop Production Services) has officially rebranded its retail business to Nutrien Ag Solutions, aligning the company’s retail operations Read More
AmericasRaven Name to Grace New South Dakota State University Facility
June 27, 2018
According to a press release issued by the company, Raven Industries was recognized today in the naming of South Dakota Read More
AmericasMFA Precision Head Talks Precision Ag, Cover Crops at 2018 4R Summit
June 18, 2018
Although implicit to anyone that spends a good chunk of their career in agriculture, the link between advanced precision technology Read More
David-Perry-featured-image
AmericasIndigo Touts ‘New Approach to Agricultural R&D’
June 13, 2018
Indigo, the Boston-based microbial crop technology startup that has raised more than $400 million, announced it is expanding its research Read More
Trending Articles
ISPA-Yoshua-Bengio
EventsHighlights from the 14th International Conference on Precision Agriculture
July 9, 2018
The 14th International Conference on Precision Agriculture (ICPA) presented by the International Society of Precision Agriculture (ISPA) was held in Montreal, Read More
Topcon X30 Console in cab
EventsAssociation Seeks Definitive Definition of “Precision Agriculture” — What’s Your Vote?
July 2, 2018
More than two-dozen definitions of precision agriculture have been identified through the years — but which is the best and Read More
AmericasRaven Name to Grace New South Dakota State University Facility
June 27, 2018
According to a press release issued by the company, Raven Industries was recognized today in the naming of South Dakota Read More
dropcopter
DronesNew York Apple Orchard Claims World First in Pollination by Drone
June 18, 2018
Beak & Skiff Apple Orchard in LaFayette, NY, is the first orchard in the world to use drones to pollinate Read More
JDandPessl
Sensors/IoTJohn Deere, Pessl Instruments Team Up to Create Opportunities
June 18, 2018
John Deere is best known for its line of tractors, combines, sprayers, and implements. However, in an effort to help Read More
Matt-Waits-featured
Decision Support SoftwareSST’s Matt Waits: Innovative Data Solutions Key to Transforming Global Agriculture
May 31, 2018
Proagrica, part of RELX Group, earlier this year acquired U.S.-based precision agriculture solutions company, SST Software, in a move set Read More
Latest News
Agrible
Grower Services & SolutionsNutrien Drops $63 Million to Acquire Agrible
July 16, 2018
Nutrien announced today that it has entered into a definitive agreement to acquire Agrible for total consideration of $63 million, Read More
Industry NewsFarmobile Acquires Prime Meridian, Taps Cubbage as New …
July 13, 2018
Farmobile today announced an agreement to acquire the assets of Prime Meridian, a precision agriculture data management company based in Read More
group-photo
DronesPrecision Agriculture Takes Flight at North Carolina St…
July 13, 2018
Take a walk into the Suggs Laboratory for Precision Agriculture and Machine Systems and it’s hard not to be impressed, Read More
Skeketee-IC-Weeder
DronesAutomated Weeders Have Arrived in Vegetable Fields
July 12, 2018
The vegetable production areas of the Central Coast of California have lifted vegetable cultivation to a high art, writes Richard Read More
AgJunction, InfoAg 2014, Autosteer, GPS
Industry NewsAgJunction Settles with Raven in Patent Infringement Su…
July 12, 2018
AgJunction Inc., a leader in advanced guidance and autosteering, has settled a patent infringement lawsuit it filed against Raven Industries, Read More
Retailer-Grower-tablet
Business ManagementTaking Measure of the Precision Agriculture Program: 6 …
July 12, 2018
In the overall agriculture market, the rhetoric surrounding emerging technology over the past half-decade has been nothing short of breathless. Read More
raven-slingshot-job-generator-job-sync-1
Industry NewsNew Raven Slingshot Advancements Will Help Save Time, R…
July 11, 2018
Raven Industries, Inc. has announced several new services available on the Slingshot and Viper 4 platforms: Job Generator and Job Read More
Onsite-logo
Industry NewsAgIntegrated Acquires Exclusive Licence to Satshot’s Im…
July 11, 2018
AgIntegrated, Inc. (AGI), a leader in precision ag data integration and software development, and Satshot, a leader and pioneer in Read More
Australian Harvest
Australia/New ZealandAustralian Agritech Plants Blockchain for Efficiency
July 11, 2018
“Agritech” at one time would have meant new equipment such as tractors and combine harvesters, but today it refers to Read More
Tomato-crop-India
AsiaIndia: Using Artificial Intelligence for the Good of Fa…
July 11, 2018
After graduating from IIT-Madras, the first thing that Vivek Rajkumar did was to buy four acres near Thiruvananthapuram and start Read More
BrightFarms
Industry NewsForbes List of Innovative Ag-Tech Companies Includes Gr…
July 9, 2018
Forbes magazine recently posted a list of the 25 most innovative ag-tech startups in 2018, which includes a few companies Read More
AmericasNutrien Ag Solutions Brand, New Digital Platform Launch…
July 9, 2018
Nutrien (formerly Crop Production Services) has officially rebranded its retail business to Nutrien Ag Solutions, aligning the company’s retail operations Read More
ISPA-Yoshua-Bengio
EventsHighlights from the 14th International Conference on Pr…
July 9, 2018
The 14th International Conference on Precision Agriculture (ICPA) presented by the International Society of Precision Agriculture (ISPA) was held in Montreal, Read More
TerrAvion
Industry NewsTerrAvion Integrates Aerial Imagery with John Deere Ope…
July 6, 2018
TerrAvion, Inc., a large volume provider of aerial imagery to agriculture, has announced an integration to allow TerrAvion’s aerial imagery Read More
Farmer-Tablet
Data ManagementAgriculture’s Next Breakthrough: New Technologies…
July 3, 2018
We live in an exciting time in agriculture. Not only is technology advancing rapidly, but the understanding and comprehension of Read More
Nebraska-Storm
Precision IrrigationNotes from the Field: A Look at Irrigation Management P…
July 2, 2018
One of the things I love most about my work is making periodic treks into the field – more often Read More
Topcon X30 Console in cab
EventsAssociation Seeks Definitive Definition of “Preci…
July 2, 2018
More than two-dozen definitions of precision agriculture have been identified through the years — but which is the best and Read More
Industry NewsAg Equipment Manufacturers: 3 Trends to Shape Farming G…
July 2, 2018
Bottom line instead of brand loyalty. Tractors and harvesters will look more like computers. Data will drive productivity. These are Read More