Tag: Farmland Industries
Farmland Industries, located in Kansas City, Missouri, is the largest co-op agribusiness cooperative in the U.S. In addition to the brand Farmland Foods, the company makes nitrogen- and phosphate-based fertilizers. Because the company uses a tremendous amount of natural gas, it has its own risk management operation. Its energy traders evaluate the price situation, working with various commodity traders, and then take futures positions in the natural gas commodity market.
The premise of shared risks and shared rewards which characterizes all joint ventures has stood the test of time and taken on new significance in todays business environment.