ST. PAUL, Minn., Feb. 19 /PRNewswire/ -- Today Country Hedging, Inc. ( http://www.countryhedging.com/ ) finalized acquisition of Futech Commodity Services, a Fargo-based commodity brokerage business.
"We are committed to continually find the kind of business opportunities that allow us to help producers understand and manage commodity risk," explained Scott Cordes, president, Country Hedging. "Futech Commodity Services has built a solid business with expert market analysis for producers. We're proud to bring them into our group and strengthen services in our core trade territories."
Doug Lingen, broker and co-owner at Futech, continued, "Country Hedging shares our customer focus and the vision we have for our clients to be managing risk through sound decision-making. We are lucky to have found such a compatible business for our producers."
Futech Commodity Services has offered analysis and brokerage services in the grain, livestock, energy, metal and soft markets since 1989. With its principal brokers, Lingen and Gary Houghton, experienced in agriculture and business, the company serves customers in the Upper Midwest and Canada.
A subsidiary of CHS Inc. ( http://www.chsinc.com/ ), Country Hedging is a full-service risk management and commodities broker providing customized marketing strategies and educational services to producers, ranchers and commercial agribusiness through some 60 branch offices across the Eastern Corn Belt, Midwest and Pacific Northwest. Country Hedging is a Futures Commission merchant member with the National Futures Association and a clearing member of the Minneapolis Grain Exchange and the Kansas City Board of Trade.
