Farmers Edge Inc., a pure-play digital agriculture company based in Winnipeg, Man., announced on March 25 that Wade Barnes, who founded Farmers Edge in 2005, is stepping down as CEO. Barnes will continue to work with Farmers Edge while the company’s Board of Directors searches for his successor. He will also maintain his seat on the Board of Directors, where he will continue to be involved in helping steer the business.
“On behalf of the Board of Directors and management, I want to thank Wade for his dedication, vision, and significant contributions as the founder of Farmers Edge,” said Bill McFarland, Chair of the Board of Directors.
“It has been an honor and a privilege to lead this great company as CEO,” Barnes said. “My journey with Farmers Edge has been a truly rewarding one. I’m incredibly proud to have worked with such talented, creative, and innovative team members over the years who have helped build Farmers Edge into what it is today. I am confident that the company will continue to grow, achieve important new milestones in its development, and deliver on my vision.”
Farmers Edge launched an initial public offering in March 2021, and continues to add Digital Agronomy acre subscriptions, mostly through its Progressive Grower Program. In August last year, the company purchased online farm inputs retailer CommoditAg, Effingham, Ill. (GM Aug. 20, 2021) to diversify its revenue while expanding its roster of services to growers. CommoditAg continues to function as a wholly-owned subsidiary of Farmers Edge.