BLOOMINGTON, ILLINOIS, US — GROWMARK, Inc. on Jan. 11 announced that it has acquired the remaining interest of AgriVisor, LLC, a full-service agricultural risk management and marketing services firm, making it the sole owner and operator.
The transaction comes after GROWMARK purchased the Illinois Agricultural Association’s ownership interest in AgriVisor on Dec. 30, 2021.
Bloomington, Illinois-based AgriVisor provides in-depth market analysis and recommendations to more than 1,000 producers across North America. Using extensive relationships with grain elevators, farm insurance brokerages, farm bureaus, ag research firms and other ag advisory firms to stay ahead of industry trends, AgriVisor said it leverages collective buying power and pricing strategies on crop insurance and other services such as its Crossover Solutions.
“We continually adapt our services to meet the high demands of marketing, especially in times of volatility, utilizing the latest technology,” said Tim Tresslar, manager of grain origination, GROWMARK. “Under GROWMARK’s ownership, we have assembled an industry-leading team of experienced professionals to assist customers with an unsurpassed level of customer service. Despite rapid and sometimes challenging changes in this industry, our advice and recommendations have remained focused on a single objective: to improve the profitability of your farm business.”
GROWMARK is a Bloomington-based agricultural cooperative serving almost 400,000 customers across North America, providing agronomy, energy, facility engineering and construction, and logistics products and services, as well as grain marketing and risk management services.