FBN® accelerates partnership with ADM to expand Renewable Agriculture Gradable Platform for Sustainable Development

FBN® achieved several milestones and major expansion projects through an increasingly close partnership with ADM, a global leader in the sustainable agricultural supply chain. It is expected to cover more than 3,000 farms and 2 million acres of arable land, with the project expected to double in size as FBN's technology plays a leading role in creating incentives to reward farmers for implementing regenerative practices.

In 2022, FBN and ADM launched a partnership that will allow ADM customers to leverage FBN's innovative digital farm business management platform, Gradable. The partnership successfully recruited 1,500 growers and covered more than 1 million acres, rewarding producers for conservation practices such as crop conservation, conservation tillage and emission reduction. In 2023, the project will continue to expand.

In 2023, FBN's key role in this partnership will help drive a significant expansion of ADM's re:generations™ regenerative farming program, which provides extensive financial and technical support to producers who adopt or continue to adopt current regenerative farming practices. This move will ultimately have a positive environmental impact on the food, feed and fuel businesses of ADM's downstream customers. In addition, the project highlights the important role of producers in reducing greenhouse gas emissions, improving water quality and soil health, and enhancing biodiversity through positive practices such as the use of conservation crops, nutrient management and reduced tillage.

 John Vaske, CEO of FBN, said ADM continues to lead the industry when it comes to sustainability, and FBN technologies and solutions can help drive this transformation while providing a significant revenue stream for both FBN and ADM customers.

FBN helps growers better manage their operations and make decisions that expand their earning potential. Through its Gradable platform, FBN encourages farms to incorporate sustainable practices into their operations, giving value to their conservation activities. Growers submit data in a secure manner, which Gradable then uses to verify their sustainable practices and calculate the corresponding environmental outcomes. FBN and its Gradable enable ADMs and farmers to obtain voluntary and regulatory incentives in the supply chain area through practice and results reporting, and farmers can easily access this service and technology through the FBN app and securely link their ADM account information. This allows you to view futures, spot grain bidding, pound tickets, contracts and settlements through a single app, while keeping abreast of the latest market-related information, daily market news and more.

The FBN will help ADM achieve its ambitious 2023 goals, which include: more conservation activities in more areas, with more than 2 million acres of farmland in 18 U.S. states and three Canadian provinces participating in the project; Increasing farm participation in more commodities, more than 3,000 growers will participate in the re:generations program designed for corn, soybeans, wheat, cotton, peanuts and other crops; Increase incentives so participating farmers can receive up to $25 per acre.

Greg Morris, president of ADM's Agricultural Services and Oilseeds business, said FBN's technology will help ADM significantly expand its footprint in regenerative agriculture. Farmers have always been stewards of the environment, and Gradable is a key enabler in helping producers improve profitability, strengthen farm resilience, meet the growing global demand for more sustainably sourced products, and pave the way to a more sustainable future.