Aligning with a highly respected partner such as INTL FCStone is a vital step as we expand our markets, capabilities and offerings.
Leawood, Kansas (PRWEB) September 19, 2014
Agspring, a leading manager of agricultural supply chains for grains and oilseeds, today announced that it has selected INTL FCStone Inc. as a key resource partner to provide comprehensive world-class risk management services for all Agspring operations.
Agspring maintains decentralized operations, relying on subsidiaries and local operating companies to know their growers and geographies while seeking broader merchandising opportunities with increasingly national and global trade flows. INTL FCStone’s market intelligence and global viewpoints will be a vital new resource for Agspring management to nimbly manage essential supply chains.
Agspring will be able to leverage INTL FCStone’s comprehensive array of products and services, including exchange and OTC execution, clearing services and market intelligence. The company currently handles farm-first grain merchandising for crops such as wheat, corn, soybeans, and rice and will be able to use INTL FCStone resources to enable risk management; global merchandising and currency management; swaps; repos and OTC commodities transactions.
Additionally, Agspring subsidiaries such as Big River Rice & Grain and Thresher Artisan Wheat will be able to facilitate growers directly interfacing with INTL FCStone experts to provide timely counsel about market dynamics and wider market implications.
Agspring President Brad Clark said, “Aligning with a highly respected partner such as INTL FCStone is a vital step as we expand our markets, capabilities and offerings.”
"We’re pleased to have the opportunity to partner with Agspring. Their innovative approach to maintaining agricultural supply chains demonstrates what a progressive company they are and we look forward to helping them serve their customers with the scope of services offered by INTL FCStone,” said Mike O’Dea, a risk management consultant with INTL FCStone’s subsidiary FCStone, LLC.
Agspring combines entrepreneurial teams, essential agriculture supply chains, and superior capital partners to feed our changing world. Deep equity and credit relationships provide Agspring a solid platform for capital improvement and expansion. Agspring maintains decentralized operations and puts leadership teams in place who desire to grow into new markets including grains and oilseeds; livestock feed ingredients; and consumer food ingredients.
About INTL FCStone Inc.
INTL FCStone Inc., including its subsidiaries, is a leader in the development of specialized financial services in commodities, securities, global payments, foreign exchange and other markets. Our revenues are derived primarily from financial products and advisory services that fulfill our clients' real needs and provide bottom-line benefits to their businesses. We create added value for our clients by providing access to global financial markets using our industry and financial expertise, deep partner and network relationships, insight and guidance, and integrity and transparency. Our client-first approach engenders trust, and has enabled us to establish leadership positions in a number of complex fields in financial markets around the world.