Farmers Options & Hedging Services has expanded its successful core services beyond grain marketing and changed its name to Market 1 Inc. — Futures, Forecasting and Risk Management.
The company will now include livestock hedging, development and implementation of ingredient-purchasing programs, application of forecasting tools, market education and client representation with lenders in its service offering.
“As the agriculture industry continues to evolve, risk management remains essential for continued success. Given this belief, we continue to grow and evolve as a company and have utilized our knowledge and experience in assisting our clients to recognize and manage their risk,” said Nathan Kier, president of Market 1.
To accommodate the increased market base, the business has added an office located at 2617 Northridge Parkway, Suite 101, Ames, Iowa 50010. Market 1 has branch offices located in Harlan and Council Bluffs, Iowa, as well as Grant, Neb., specializing in grain marketing plans. For more information about risk-management programs or about Market 1, contact Heather Coffelt, general manager, at (612) 270-4290.