App empowers farmers with one-source direct access to essential market data and intelligence, leading to better informed pricing and trading decisions
Available for free download for both Android and iOS mobile users
New York, January 23, 2023 – StoneX Financial (Canada) Inc, a subsidiary of StoneX Group Inc. (“StoneX”), today announced that its Farm Advantage mobile app is now available in Canada, providing Canadian grain farmers and livestock producers with streamlined accessibility to key market data and tools.
Launched initially in the US in March 2022, Farm Advantage provides users direct access to market quotes, commentary, cash bids, weather, trading account positions and balances and margin tracking tools all in one free app.
Canadian producers can now access futures pricing, historical futures market charting, option premiums and competitive cash brokerage bids for specialty crops such as milling and feed quality grains, oilseeds and pulses. Farm Advantage also provides a profit calculator covering multiple commodities, including canola, wheat and soybeans. Clients of StoneX can see trade positions, profitability, margin values and statements for their trading accounts in the app. The app is available to download regardless of whether a user is an existing StoneX client.
Farm Advantage placed as runner up in the Innovation Showcase at Manitoba Ag Days in the Agribusiness Services category.
Jason Labossiere, Senior Risk Management Consultant, StoneX Financial (Canada) Inc. commented: “With our clients always on the go, Farm Advantage provides the information they need to make their hedging decisions, like futures and options pricing and market analysis. Our clients can access this information at their fingertips anywhere and anytime when they are outside the office.”
Cassie Adolf, Senior Vice President, StoneX Financial Inc., FCM Division, commented: “Making the Farm Advantage app available to Canadian producers furthers StoneX’s commitment to empower the farming sector with the data, tools, and intelligence producers need to enhance their trading, pricing and risk management decisions in a transparent and convenient way. It also furthers our drive to digitize our key solutions and expand our offerings in key markets.”
Farm Advantage is free to download and available for both iOS (via Apple App Store) and Android (via Google Play store) users.
About StoneX Group Inc.
StoneX Group Inc., through its subsidiaries, operates a global financial services network that connects companies, organizations, traders and investors to the global market ecosystem through a unique blend of digital platforms, end-to-end clearing and execution services, high touch service and deep expertise. The Company strives to be the one trusted partner to its clients, providing its network, product and services to allow them to pursue trading opportunities, manage their market risks, make investments and improve their business performance. A Fortune-500 company headquartered in New York City and listed on the Nasdaq Global Select Market (NASDAQ:SNEX), StoneX Group Inc. and its over 3,600 employees serve more than 54,000 commercial, institutional, and global payments clients, and more than 400,000 retail accounts, from more than 40 offices spread across five continents. Further information on the Company is available at www.stonex.com.
Head of Communications