DuPont Buys Equity Stake In Farms Technology
DuPont Co. (DD) said it purchased an equity stake in Farms Technology, an Overland Park, Kan., online grain marketing company.Terms of the purchase weren't disclosed.
DuPont, a Wilmington, Del., science company, said its Pioneer Hi-Bred unit recently began partnering with Farms Technology to develop MarketPoint, a new online market service that links corn growers with end users to provide producers with enhanced profit opportunities, greater product differentiation and more convenience.
Farms Technology's applications range from electronic hedging platforms to private cash commodity exchanges, to fully open public cash commodity exchanges, DuPont said.
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