A reader spotted this story; thank you.
GrainBridge is a digital trading platform to give farmers secure access to ADM and Cargill transactions and allow them to execute grain deals on their own schedule.
In other words, "Schwab For Farmers."
Meanwhile, there was a Bushel, a Fargo, ND-based firm that does the same thing. Bushel claims to be the largest digital network for US grain growers and buyers.
In other words, "Ameritrade For Farmers."
Well, get this.
Cargill / ADM just sold their GrainBridge division to Bushel.
Wow.
Bushel is counting on the deal to cement its claim that it is the largest digital network in this niche market.
GrainBridge employees will remain based in Omaha, Nebraska.
Note: I often misunderstand stories like this. I think I have this correct. But if this is important to you, go to the source.
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