Growers Edge partners with Mid Kansas Cooperative on warranty-backed agronomic offer
Growers Edge, which provides data-driven financial technology (fintech) solutions for the agricultural industry, and Mid Kansas Cooperative (MKC) have announced a partnership to deliver a warranty-backed agronomic offer to their growers.
“The MKC Optimal Security program creates new opportunities for farmers to benefit from the potential of MKC products and services with confidence,” said Kent Nichols, MKC regional sales manager, in a news release. “We are partnering with Growers Edge to offer this solution to our customers to encourage adoption of new technologies and practices to help boost their productivity and profitability.”
Growers Edge partners with retailers and input suppliers across the U.S. to deliver grower-relevant solutions to meet the ag industry’s ever-changing demands, say company officials. In 2020, the company closed a $40 million Series B round of financing that company officials say will help speed the introduction of warranty-backed crop plans and deploy the company’s new end-to-end agricultural lending platform.
“We are excited to bring important new tools that retailers and ag suppliers can tailor to their product line and customer needs,” said Tracy Linbo, chief commercial officer of Growers Edge, in a news release. “These offers help growers manage their risks involved with adopting new technologies but doesn’t limit the upside potential when yields exceed expectations.”