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FBN Expands AI-Powered Platform for Ag Commerce, Financing, and Farm Intelligence

FBN Expands AI-Powered Platform for Ag Commerce, Financing, and Farm Intelligence

Business Wire6 days ago
SAN MATEO, Calif.--(BUSINESS WIRE)-- Farmers Business Network (FBN®), the collaborative peer-to-peer farmer network generating farm-level intelligence and a leading marketplace for North America's agricultural sector, announced new investments and platform expansions alongside $50 million in funding to fuel new product lines and AI deployment.
The funding will support FBN's mission of powering the prosperity of family farms. Backed by leading investors, including GV (Google Ventures), Temasek, Arteqin, Colle Capital and T Rowe Price, the company builds on its digital platform to simplify agriculture's supply of goods, financing and services, while becoming the farmer's trusted personal AI partner.
FBN's farmer network has grown to over 117,000 farms, representing 187 million acres in the U.S. and Canada. Its Amazon-like e-commerce platform offers more than 7,200 products from crops and livestock with direct-to-farm delivery on most orders within 24 to 72 hours. According to recent farmer surveys by Stratus Ag Research, FBN was visited by 35% of farmers when shopping for inputs, and the number of farmers buying inputs online grew 86% vs. 2023. In 2025, more farmers returned to FBN to purchase inputs than ever before, as producers focused on profitability. FBN's Finance platform has now extended nearly $3 billion in total financing to growers.
"Our commitment to putting farmers first means a relentless focus on efficiency and convenience," said Diego Casanello, CEO of FBN. "Our goal is to reduce a farm's operating costs 20% or more compared to brick-and-mortar retail. We're working to maximize grower savings and ensure every dollar they spend goes as far as possible."
To better serve its members and build for the future, FBN is evolving to focus on its core digital strengths. This has meant making difficult choices to align its workforce with strategic priorities. These essential changes, while challenging, position FBN to deliver exceptional and sustainable value to its members through innovation.
FBN is increasing its strategic investment in advanced AI development. "Artificial Intelligence is enabling us to provide our farmer members with more personalized and relevant insights," said Casanello. "Simultaneously, it offers new tools to automate our marketplace operations, reducing costs and improving the customer experience."
FBN launched 'Norm', the first Large Language Model (LLM) to answer farmer's agronomy questions. The model has been now trained to help farmers with crop marketing related inquiries. Future versions are expected to include personalized agronomy, finance and risk management support.
The company is broadening its marketplace offerings – all while improving the fast and convenient service farmers have come to expect and rely on. FBN has significantly expanded its private label product portfolio in 2025 and opened the platform to third-party sellers, allowing them to offer their own brands directly to FBN members via a suite of seller tools and commercial services.
Today's announcement includes these expanded product portfolio features:
More Private Label and Third-party Crop Protection Products: FBN is enhancing its crop protection, biological and nutrition offerings for major commodity crops like corn, canola, cotton, soybeans, alfalfa and wheat, creating one of the industry's broadest and most trusted portfolios under its Willowood USA ® and Farmers First ® brands, while opening up the platform to more third-party sellers.
Canadian Growth: FBN Canada has expanded its wheat crop protection portfolio, added bulk liquid fertilizer and equipment financing, and will open two new distribution centers in 2026.
New Seed Platform: FBN is opening the marketplace for third-party seed offers, with leading brands like Seitec Genetics ®, featuring products for corn, soybean, sorghum, alfalfa, and cover crops.
Expanding Livestock: FBN's rapidly growing livestock marketplace will continue to expand with new products including feed from Ridley ® & Sweetlix ®, fencing, and a growing assortment of farm & ranch supplies.
About FBN
Farmers Business Network, Inc. (FBN®) is a pioneering digital marketplace and farmer-to-farmer network dedicated to empowering family farmers globally while promoting sustainable agriculture. With over 117,000 members, FBN's Farmers First® promise unites growers and ranchers in their quest to maximize profitability and increase food production. FBN leverages data, AI and direct-to-farm delivery to simplify the agricultural supply chain, boosting convenience and transparency, reducing farm input costs, enhancing access to financing and services, and providing personalized farm insights. Its Gradable® joint-venture helps thousands of farmers adopt and earn rewards for regenerative practices while simplifying the access of regenerative products for the world's leading food companies and grain buyers.
To learn more, visit www.FBN.com.
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Last week's big winners and losers reveal where the stock market is headed
Last week's big winners and losers reveal where the stock market is headed

CNBC

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Last week's big winners and losers reveal where the stock market is headed

You can learn an awful lot by looking at the list of stocks that made new highs last week — and the list of stocks that hit new lows. Foremost, they can tell you what is and isn't working in this market, especially during earnings season. We saw many groups roll over and only one, the data center, really advance. The combination of Friday's weak employment number , more discriminatory tariffs , and President Donald Trump's anger, brought out sellers after a very long run up. The selling is real and it will take an end to speculative excess and endless tariff news to get us to restart, and I don't see it happening. I hear the usual geniuses talk about how dip-buying is as stupid as ever, even as though it has been fabulous since 1982. I see a landscape that wants to go lower, but I also see earnings that don't justify big declines, just a drift until something great happens. And I don't mean Fed Chair Jerome Powell quitting. Let's start — and end — with some cracks in the Magnificent Seven. The growth in Microsoft's Azure cloud business and the breakout of Meta's multiple revenue streams explain the incredible gains of those two Club names — gains strong enough that they both made the list of new highs. The perceived weakness of Amazon's 17% gain in web services versus the whopping 39% gain in the smaller but all-powerful Azure certainly helped. Amazon put up $30.9 billion in revenues in its AWS cloud unit. That's obviously a ton of business, but it was flat with the previous quarter and only equal to the estimates. Microsoft's cloud acceleration in the quarter was jaw-dropping. The staggering distance between Azure's triumphant growth and Amazon's perceived slowing led to a rally in Microsoft's stock and a sell-off in Amazon shares — losses which triggered immense soul-searching. Was Microsoft real? Or was it inflated by its partnership with OpenAI and its ChatGPT function, which reigns supreme? The burgeoning ChatGPT roster was a big reason why OpenAI was able to raise $8.3 billion this week at a $300 billion valuation. That little-noticed fact should have turned more heads, and that alone could explain some of this week's craziness. After all, design software company Figma only raised $1.2 billion in its initial public offering Thursday, a puny deal, but it still managed to capture everyone's attention. (More on that later.) There was lots of grousing about Microsoft benefitting from the surge in OpenAI business. Some experts liken the partnership to that of Trump and Tesla CEO Elon Musk, and predict it too will soon flame out, meaning that huge stream of Open AI revenue could go away. But the amount of fear instilled by AWS critics was behind the huge sell-off in Amazon . As I made my calls to sources Friday, I kept hearing that AWS, built to sell product, isn't built to help create new businesses based on AI. There is some truth here. AWS has fallen behind Microsoft in the cloud. I also believe that it doesn't have enough Nvidia product and has too much of its own chips, which are considered inferior by the fresh-faced AI developers even as it regarded as darned good for DevOps. Amazon is underspending its competitors. That's highly unusual and not good, and it's all that people cared about last week. I wish it didn't matter, but after this quarter Amazon's status as one of the greatest companies on Earth is now going to be considered suspect. The conference call was dispiriting, with CEO Andy Jassy giving a long and unnecessary soul-searching answer to Morgan Stanley analyst Brian Nowak's question about Amazon falling behind in generative. A do-over on that question would help, but there are none. All of the great data about retail meant nothing. Sure, we own Meta and Microsoft, but the stock of Amazon now worries me, even though I would never count these guys out in a gunfight. 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They can keep going higher, even as the bears consider them meme stocks. They are most decidedly not. Caterpillar reports next week and it will be considered part data center, part reshoring and part Biden infrastructure. All of those themes work until someone decides they don't work well enough. Eaton is a better analogue. DoorDash and Roblox make the list because there are always a couple of companies that amaze and can't be denied. Doordash caught some upgrades. Roblox has accelerating revenue. Both are awful shorts. (Reddit will have a similar trajectory when it eventually gets added to the S & P 500.) S & P Global is a pure play on offerings, something that we can all agree to are about to heat up based on Circle and Figma. And Altria ? Its basic business repels managers even as it enthralls users. I want to break down and buy Altria, which happens to be the greatest stock of all time. No kidding. 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Watch These Amazon Stock Price Levels After Post-Earnings Tumble
Watch These Amazon Stock Price Levels After Post-Earnings Tumble

Yahoo

time2 hours ago

  • Yahoo

Watch These Amazon Stock Price Levels After Post-Earnings Tumble

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Top Analysts Raise Amazon Stock (AMZN) Price Target Despite Pullback on Q2 Earnings
Top Analysts Raise Amazon Stock (AMZN) Price Target Despite Pullback on Q2 Earnings

Business Insider

time3 hours ago

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Top Analysts Raise Amazon Stock (AMZN) Price Target Despite Pullback on Q2 Earnings

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