News + Press / Press Release
Growers Edge Partners with Midwestern BioAg to Deliver Innovative Warranty-Backed Challenge to Growers
Johnston, Iowa and Blue Mounds, Wisconsin – April 1, 2021 — Growers Edge, a provider of data-driven financial technology (fintech) solutions for the agricultural industry, today announced a partnership with Midwestern BioAg (MBA) to provide growers with an innovative, 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. “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 U.S. to deliver grower-relevant solutions to meet the industry’s ever-changing demands. 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.
“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, Chief Commercial Officer of Growers Edge. “An offer like this helps growers manage the risk involved with new technologies, without limiting the upside potential for them when yields exceed expectations.”
About Midwestern BioAg
MBA is headquartered in Blue Mounds, Wisconsin, with locations in Iowa, Illinois, Michigan, Minnesota, and Ohio. MBA’s offering of field-proven products feed a balanced mineral diet to the soil and crop, which stimulates soil life and enhances nutrient-use efficiency. Their products and approach address a farm’s yield-limiting factors with balanced fertilizer blends that go beyond NPK to include calcium, sulfur, and micronutrients, such as boron, magnesium, and manganese. To learn more about Midwestern BioAg, visit www.MidwesternBioAg.com or www.Facebook.com/MidwesternBioAg.
Source: Growers Edge
The Cutting Edge of Agricultural Finance
All industries can benefit from financial technology and innovation. Our mission is to share these advantages with agriculture retailers in a way that benefits them, farmers, and as a result, the world.About Us