“We believe Farmers Risk is THE solution to empower grain farmers to track, manage, and execute their risk management strategies. Farming is hard enough and the tools should not add to the complexity. We believe that farmers need simple solutions to help solve complex problems.” says CEO Dakota Hoben.
The web based application includes a free profitability tracking tool for farmers, regardless of size, and allows them to track insurance levels, sold bushels, and bushels hedged. The new trading tool will allow all farmers to trade futures and options and see the impacts of their decisions on their overall risk. In addition farmers who are already working with a broker can integrate their brokerage account and aggregate their farm risk data in one convenient location.
“We truly feel that the technical foundation and capabilities that we’ve established within Farmers Risk will continue to speed our innovation cycles and deliver increasingly delightful experiences to our customers" says Eric Barnard, CTO & Co-Founder. "The team we’ve built over the past year impresses me everyday, and I couldn’t be more excited about this milestone in our journey" he adds.
Farmers who grow corn, soybeans, or wheat are encouraged to sign up for a free account at farmersrisk.ag to start aggregating their farm risk portfolio.