FBN Spins Out Its Crop Protection Business, Focuses on Marketplace and Technology

“We’re doubling down, allotting capital on digital innovation for FBN’s future,” says Diego Casanello, CEO of FBN.

FBN Spins Out Its Crop Protection Business.jpg
(FBN)

Last week, just a few hours after Corteva announced its spin out dividing seeds from crop protection, Farmers Business Network (FBN) announced it is separating its businesses. Moving forward FBN will focus on its digital marketplace for farmers, and the newly launched Global Crop Solutions will be an independent supplier of crop protection products.

FBN leaders say the timing is coincidental. Their motive for the timing was brought about by the new fiscal year. But they offer both of the announcements together could be a sign of a trend of vertical integration getting unwound in the name of efficiency and focus.

“We’re doubling down, allotting capital on digital innovation for FBN’s future,” says Diego Casanello, CEO of FBN. “FBN’s core business is a digital commerce and fintech platform. We want farmers to be able to buy, finance, and market everything they need while sitting in their combines. These are technology challenges, so the core competence you need to be successful at FBN is different from managing the supply chain of the crop protection business.”

In the past 14 months, FBN has been refocusing its business. First, it spun off its insurance business, then its Gradable business into a joint-venture with ADM. Now with its crop protection business spin out, Casanello says the FBN marketplace will feature GCS products, such as Willowood USA branded products, via a strategic partnership, and GCS products will explore distribution beyond the FBN marketplace.

“The big unlock for GCS is the opportunity to serve the entire retail and co-op industry,” Casanello says. “It frees GCS of any channel conflicts and hits the ground running with one of the largest portfolios of products in the industry. And it frees FBN from similar constraints as we move to an open marketplace architecture. We are onboarding new sellers and their portfolios every week. We provide them the tools to manage pricing, marketing, and placement. FBN is open for business and we’ve had significant interest from additional partners before and after the announcement.”

FBN’s Marketplace Strategy

Currently, FBN says it has 120,000 farmer members in the U.S. and Canada. The business provides a marketplace with farm inputs and supplies, financial services and data-driven intelligence.

FBN co-founder Charles Baron says the FBN marketplace has expanded its product range to include crop protection, seed (with additional partner news coming soon), fertilizer, livestock products, veterinary pharmaceuticals, farm supplies and more.

“To farmers, there’s no change in their experience. And over time, we’ll bring an even broader assortment of goods,” Baron says. “You’ll be seeing announcements from us every two weeks or so about the suppliers coming on the platform. It’s one of the most exciting times in our history.”

The leaders say farmer use of e-commerce has increased every year since they launched, and in 2025 FBN served a record number of customers. “Farmers are really focusing on value right now and maximizing every dollar,” said Baron. And per their analytics roughly 35% of U.S. farmers visit FBN.com to browse inputs, apply for financing, or look for information.

The Future of GCS

As a newly formed independent crop protection supplier, GCS has a portfolio of 250 registrations on post-patent products. The company will specialize in sourcing, managing first mile logistics, developing new products and regulatory aspects.

To lead the business and its team, Amy Yoder, most recently EVP of FBN’s livestock division, is incoming CEO.

“Global Crop Solutions launches today as an independent powerhouse,” said Yoder, in a press release. “For the first time, our extensive portfolio and efficient global supply chain are fully available to all partners— from retailers, to distributors, to co-ops. Our independence unlocks immense growth potential and allows us to be the most reliable and collaborative partner to the entire agricultural industry.”

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