Midwestern BioAg today was named winner of the Rabobank Leader in Sustainability Award.
Announced at an annual event hosted by Rabobank North America Wholesale, the award is given to a leading company in the food and agribusiness industry. The award recognizes an organization that has made significant strides towards business, environmental, social and governance sustainability in the last year.
In making the announcement, Rabobank noted that Midwestern BioAg is “focused on building soil health to increase yields and profits,” and is able to “target solutions to fit specific crops and soil types.” In describing 2016 activities, it noted that Midwestern BioAg “began helping larger partners reduce their climate impacts, initiated new projects to track nutrient use efficiency, and completed a $21 million capital raise to support projected growth across the Midwest.”
Midwestern BioAg CEO Tony Michaels was in New York to receive the award.
“We are seeing large food companies asking for more nutritious crops and better environmental outcomes,” Michaels said. “With our focus on soil health, we can help farmers meet that demand, while also helping those farmers increase their crop yields and profits. That’s a sweet spot, and we’re grateful Rabobank recognizes it.”
Midwestern BioAg manufactures and distributes fertilizers that build soil health while increasing yields and nutritional quality of both food and forage. Its products and practices engage soil life, enhance nutrient use efficiency, build soil organic matter, improve crop resiliency and increase the long-term productivity of farmland. Founded in 1983, the Wisconsin-based company has facilities across the Midwest.
Rabobank Group is a global financial services leader providing wholesale and retail banking, leasing, and real estate services in more than 40 countries worldwide. Founded over a century ago, Rabobank today is one of the world’s largest banks with over $750 billion in assets. In the Americas, Rabobank is a premier bank to the food, agribusiness and beverage industry, providing sector expertise, strategic counsel and tailored financial solutions to clients across the entire food value chain.