CHS, a leading farmer-owned U.S.-based global agribusiness which is diversified in grains, food and energy, and Ruralco Holdings Ltd., a leading Australian agribusiness specializing in providing products and services in fertilizer, seeds, wool, livestock, real estate, risk management, water, grain, finance and insurance have formed a joint venture investing in Agfarm, an Australian-owned agribusiness which works with growers to manage the marketing and sale of their grain. CHS and Ruralco will each own 50% of Agfarm and the company’s name and management structure will remain the same.
To receive relevant news stories with summaries provided by GAI Research & Insight, subscribe to Global AgDevelopments, our free bi-weekly enhanced eNews service.