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Growers Edge partners with Midwestern BioAg for agronomic warranty offer

Officials for the firms say partnership will enable farmers to use products with peace of mind.

Growers Edge, a provider of agricultural data-driven financial technology (fintech), is partnering with Midwestern BioAg (MBA) to provide growers with a warranty-backed agronomic offer.

“We’re confident the Midwestern BioAg Challenge will allow growers to see the potential of our proven products while providing peace of mind and confidence as they make decisions to use our products in their fields,” said Michael Birger, CEO of MBA, in a news release. “Our partnership will open doors for growers to adopt new technologies that will help boost yields, increase profitability, and improve soil health.” 

Growers Edge partners with agricultural input suppliers and retailers across the United States to deliver grower-relevant solutions to meet the industry’s ever-changing demands, say company officials. In 2020, the company closed a $40 million Series B round of financing that will help speed the introduction of warranty-backed crop plans and deploy the company’s new end-to-end agricultural lending platform, say company officials. 

“The MBA Challenge is an exciting opportunity to bring a new approach to the ag industry with a warranty-backed offer tailored to meet the needs of Midwestern BioAg and their growers,” said Tracy Linbo, Growers Edge chief commercial officer, in a news release. “An offer like this helps growers manage the risk involved with new technologies, without limiting the upside potential for them when yields exceed expectations.” 

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