Saskatoon (Rural Roots Canada) – In a time when technology is growing as quickly as farmers can think of what they need to make their operation more successful, one company that is seizing the opportunity is Saskatoon-based Ag Exchange Group.
The company’s CXN360 grain marketing platform reached an impressive milestone in mid-November, surpassing the $1 Billion in grain offers mark in three-years.
In a statement, President and CEO Lyle Ehrmantraut says their business vision to create opportunities for producers and buyers in Western Canada has exceeded their expectations.
“While $1B is no small accomplishment, we are confident this is only a small percentage of what we can achieve over the coming months,” Ehrmantraut.
READ MORE: AG Exchange: What is a “good” grain price? And would you know it if you saw it?
Since it was formed in 2017, the company has been focused on providing Canadian producers and buyers an efficient way to sell and buy grain.
Ehrmantraut says they are committed to increasing opportunities within their digital marketplace.
“We will continue to develop the marketplace into new geographies and enhance the capabilities of the platform in 2021.”
RELATED: Ag Exchange: Do fertilizer and grain prices make you feel like Chicken Little?
As the network continues to grow, the new opportunities for producers grow exponentially, creating more profitability and sustainability, which has been good for agriculture in general in Canada.