Company Directory - Farmers Business Network
Company Details - Farmers Business Network
Farmers Business Network
WebsiteFarmers Business Network (FBN) is an agricultural technology company that focuses on sustainability by providing a digital platform for farmers. The platform enables farmers to share data, collaborate on resources, and access actionable insights aimed at improving productivity and promoting sustainable farming practices.
CCI Score
CCI Score: Farmers Business Network
29.16
-0.02%
Latest Event
Federal Judge Dismisses FBN Antitrust Lawsuit
A federal judge dismissed a lawsuit filed by Farmers Business Network in 2021 that alleged major agricultural seed companies colluded to restrict B2B ecommerce and inflate prices. The dismissal highlights a legal setback for FBN's effort to challenge practices perceived as undermining competitive market dynamics.
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DISSENTER
Farmers Business Network is currently rated as a Dissenter.
Latest Events
- OCT142024
A federal judge dismissed a lawsuit filed by Farmers Business Network in 2021 that alleged major agricultural seed companies colluded to restrict B2B ecommerce and inflate prices. The dismissal highlights a legal setback for FBN's effort to challenge practices perceived as undermining competitive market dynamics.
+20
Public and Political Behavior
March 29
FBN’s decision to file an antitrust lawsuit, despite its eventual dismissal, reflects an effort to counteract potential collusion among dominant agricultural firms. Such collusion, if allowed, could lead to market concentration and oligarchic control that undermines democratic and free-market principles.
Federal judge throws out FBN ecommerce lawsuit against big agriculture
+10
Economic and Structural Influence
March 29
By attempting to legally challenge alleged anti-competitive practices that could stifle market entry and reinforce monopolistic structures, FBN signaled concerns over economic practices that have the potential to consolidate power. Although the lawsuit was dismissed for lack of sufficient evidence, the initiative points toward a resistance to structural market imbalances with authoritarian tendencies.
Federal judge throws out FBN ecommerce lawsuit against big agriculture
- SEP102024
The article details how Farmers Business Network uses a data-driven digital platform to promote price transparency and disrupt traditional agricultural supplier networks, thereby empowering farmers in their purchasing decisions and challenging long-standing collusive practices in the industry.
+50
Business Practices and Ethical Responsibility
March 29
FBN’s model leverages transparency and data analytics to empower farmers, reducing the exploitation inherent in opaque pricing structures. This proactive business practice supports ethical responsibility and challenges established monopolistic practices, which aligns with anti-authoritarian and worker-empowering principles.
‘The price of transparency: A legal battle for farmers’ rights and industry stability’
+30
Technology and Services Impact
March 29
FBN utilizes digital technology to aggregate and analyze vast amounts of agricultural data, which helps farmers make well-informed decisions. This technological innovation disrupts traditional power hierarchies, reinforcing a more equitable distribution of market power.
‘The price of transparency: A legal battle for farmers’ rights and industry stability’
+40
Economic and Structural Influence
March 29
By challenging traditional supply chain dynamics, FBN is restructuring economic power in the agricultural sector. Its approach encourages competition against established, potentially monopolistic companies, thereby redistributing financial and bargaining power toward individual farmers.
‘The price of transparency: A legal battle for farmers’ rights and industry stability’
- MAR142024
Farmers Business Network (FBN) has surpassed $1bn in farm operating lines financed and has expanded its portfolio with a regenerative agriculture fund that offers interest rate rebates for sustainable practices. The move aims to support farmers facing financial stress by providing quick, efficient financing options and reinforcing long‐term economic stability in agriculture.
+70
Business Practices and Ethical Responsibility
March 29
FBN’s innovative financing options, including rapid online credit approvals and a regenerative agriculture fund with sustainability incentives, reflect strong commitment to ethical business practices. By rewarding sustainable practices through interest rate rebates, FBN is contributing to community resilience and supporting farmers during turbulent economic times.
With $1bn in farm operating lines, FBN sees ‘a greater need for financing’ on the near horizon
+40
Economic and Structural Influence
March 29
By surpassing a significant financing milestone and broadening its credit offerings, FBN is reshaping the economic landscape for farmers. This effort supports financial empowerment and stability amid rising production costs, indicating a progressive economic influence in the agricultural sector.
With $1bn in farm operating lines, FBN sees ‘a greater need for financing’ on the near horizon
- DEC312023
OpenSecrets data reveals that Farmers Business Network spent $40,000 on lobbying activities in 2023, indicating the company's efforts to influence federal policy-making through targeted lobbying investments.
-15
Political Contributions and Lobbying Efforts
March 29
The expenditure of $40,000 on lobbying in 2023 by FBN suggests that the company is actively investing in political influence initiatives. From an anti-fascist perspective, such political engagements can contribute to the undermining of democratic processes by aligning corporate interests with policy outcomes. The amount, though modest compared to mega-donations, still reflects a deliberate use of corporate resources to gain political leverage.
- OCT122023
Farmers Business Network announced an expanded collaboration with ADM to further drive regenerative agriculture practices. Utilizing its digital farm management platform, FBN will enroll more growers to validate sustainable practices and reward conservation efforts.
+70
Business Practices and Ethical Responsibility
March 29
The expanded collaboration with ADM underlines FBN's commitment to ethical business practices by promoting sustainability and supporting family farmers through incentivized regenerative agriculture practices. This approach helps combat the detrimental effects of centralized, authoritarian-agenda-driven farming policies by empowering local producers.
Farmers Business Network Accelerates Work with ADM to Expand Regenerative Agriculture
+60
Technology and Services Impact
March 29
FBN’s use of its innovative digital platform to facilitate data sharing and validation of sustainable practices highlights the positive impact of technology in the agricultural sector. This approach supports transparent, decentralized decision‐making that benefits family farmers and counteracts centralized, authoritarian power structures.
Farmers Business Network Accelerates Work with ADM to Expand Regenerative Agriculture
- NOV182021
Farmers Business Network secured $300M in Series G funding from prominent investors including Fidelity and ADM, validating its digital platform for sustainable agriculture and enhanced supply chain transparency.
+40
Business Practices and Ethical Responsibility
March 29
The $300M funding round underscores strong market confidence in FBN's mission to promote sustainable agriculture and ethical business practices. The investment reinforces the company’s commitment to transparency and accountability, crucial for empowering farmers and challenging opaque traditional agribusiness practices.
FBN’s $300m Series G with Fidelity, ADM brings ‘validation’ to oft-controversial company
+45
Technology and Services Impact
March 29
FBN’s digital platform is central to its value proposition by providing farmers with critical data insights and improved logistics. This technological innovation not only enhances transparency in the production and distribution processes but also contributes to a more equitable marketplace for farmers, challenging traditional models that often marginalize small producers.
FBN’s $300m Series G with Fidelity, ADM brings ‘validation’ to oft-controversial company
+35
Economic and Structural Influence
March 29
The infusion of capital and strategic partnership with ADM positions FBN as a transformative player in the agricultural supply chain. This economic initiative is set to improve infrastructure and market dynamics, aiding farmers by breaking down long-standing barriers and enhancing distribution networks.
FBN’s $300m Series G with Fidelity, ADM brings ‘validation’ to oft-controversial company
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