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Farmer's Business Network
Work Here?
Technology-driven services for family farmers
Farmer's Business Network
Work Here?
Technology-driven services for family farmers
About
Farmers Business Network (FBN) provides a range of products and services to family farmers, focusing on increasing their profitability. The company sells farm inputs like seeds and livestock feed directly to farms, ensuring competitive prices and convenience. FBN also offers marketing and risk management services, along with data-backed insights to help farmers make informed decisions. Their direct-to-farm model and emphasis on community engagement and sustainability distinguish them from competitors.
Company Stage
N/A
Employees
1,001-5,000
Industries
Food & Agriculture, Data & Analytics
Total Funding
$893.8M
Headquarters
Sioux Falls, South Dakota
Founded
2014
Simplify's Take
What believers are saying
- FBN's expansion into Canada and the addition of new crop protection products demonstrate their commitment to growth and innovation in the agricultural sector.
- Surpassing $1 billion in operating lines financed highlights FBN's strong financial position and ability to support farmers with affordable access to capital.
- The appointment of Diego Casanello as CEO brings seasoned leadership and strategic acumen, potentially driving further growth and value creation for farmers.
What critics are saying
- The agricultural sector's volatility and potential increase in farm production costs could impact FBN's profitability and farmers' ability to invest in their services.
- Integrating new products and expanding into new markets like Canada may pose logistical and operational challenges that could affect service quality.
What makes Farmer's Business Network unique
- FBN's direct-to-farm business model eliminates middlemen, allowing them to offer competitive prices and maintain profitability, unlike traditional agricultural suppliers.
- The company's data-backed insights and community engagement provide farmers with valuable information and support, setting them apart from competitors who may not offer such comprehensive services.
- FBN's focus on sustainability and regenerative financing options aligns with the growing demand for environmentally responsible farming practices, distinguishing them in the agricultural sector.
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6 month growth
↑ 5%1 year growth
↑ 5%2 year growth
↑ 25%Benefits
In Sickness And In Health - We offer a robust medical, dental and vision plans to all full time employees and their families. We even offer discounted pet insurance!
Work Hard Play Harder - Unlimited time off so you can take time off when you need time off. It's important to rest and recharge.
Adulting Time - We care about your future so we offer 401(k), pre-tax benefits, income protection plans and money management tools such as Personal Capital & SoFi.
A Piece of the Pie - All of our full time employees are offered equity as part of their benefits package.
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