To: Billsig who wrote (2592 ) 1/29/1999 1:41:00 PM From: Bucky Katt Read Replies (2) | Respond to of 57584
New Online Service Plans to Leverage Internet For Farmer Success CHICAGO, Jan. 29 /PRNewswire/ -- The American farmer will have the opportunity to become more productive and profitable by using a new web-based information service called VantagePoint Network, announced today in Chicago by three leaders in American agriculture. GROWMARK, Inc., Farmland and Deere & Company said they plan to form VantagePoint Network as an independent joint venture. The online service is scheduled to launch in the fall. Farmland Industries, Inc., Kansas City, Mo., (www.farmland.com) is the largest farmer-owned cooperative in North America with 1998 company sales of $8.8 billion in all 50 states and 90 countries. When including Farmland's share of the sales of its affiliated businesses, sales were $11.9 billion. Focused on meeting the needs of its 600,000 farmers-owners in the United States, Canada and Mexico, Farmland is a highly diversified company with major business lines in crop production and crop protection products, livestock feeds, petroleum, grain processing and marketing, and the processing and marketing of pork and beef products. GROWMARK, Inc. (www.growmark.com) is a regional agricultural supply and grain marketing cooperative, with headquarters in Bloomington, Ill. It supplies crop nutrient and protection products, energy products, feed and animal health products, seed hybrids, buildings and grain systems, along with technical support and services under the FS trademark through more than 120 local member cooperatives in Illinois, Iowa, Wisconsin, and Ontario, Canada. More than 250 grain member cooperatives in the same three states, plus Missouri, Indiana and Nebraska, provide grain marketing services. Deere & Company (www.deere.com) is the world's largest producer of agricultural equipment with headquarters in Moline, Illinois. Deere manufactures products in 11 countries and markets products in more than 160 countries. Deere & Company and its subsidiaries manufacture, distribute and finance a full range of agricultural equipment; a wide range of equipment for construction, forestry and public works; and a variety of commercial and consumer equipment for lawn and turf care. The company also provides credit, healthcare and insurance products for businesses and the general public.