Agrex

What Agrex does

Agrex Inc. is a full-service agricultural commodity trading company that handles grain, oilseeds, feed ingredients, hay, and other food ingredients from origination and marketing through financing and logistics. Founded as Koeppel, Inc. in the 1970s, renamed Agrex Inc. in 1981, and relocated to Overland Park, Kansas in 1986, the company has expanded to twelve locations and approximately 130 employees. Its physical infrastructure includes grain elevators in Nebraska, Alabama, Indiana, and Ohio, an export terminal in Mobile, AL, a forage processing facility in Moses Lake, WA, and shuttle train loading capabilities across multiple states, often held through joint ventures with Cargill, ADM, Columbia Grain, Viterra, and Max Farmers Elevator.

Agrex is a wholly-owned subsidiary of Mitsubishi Corporation (Americas), which is itself part of Mitsubishi Corporation, Japan's largest general trading company (sogo shosha) with operations in approximately 90 countries and around 65,000 employees. The Mitsubishi affiliation provides a global network enabling Agrex to export U.S. agricultural commodities to Asian and other international markets through affiliates Agrex Asia (Singapore) and Agrex Beijing (China), and to source South American grain through Agrex do Brasil (formerly Ceagro), which handles approximately 1 million tons of grain annually across seven Brazilian states and over 70,000 hectares of plantations.

The company serves grain and oilseed producers, feed manufacturers, livestock producers, and international buyers. Revenue is generated primarily through trading margins on domestic and international commodity transactions, including grains (wheat, corn, soybean, sorghum, durum), oilseeds, feed ingredients (DDGS, soybean meal, hay cubes), and specialty crops. Distribution is conducted through seven U.S. trading offices plus the Pacificor JV export terminals at Kalama, WA and Portland, OR. Customer-facing digital channels include a Bushel-powered mobile app for cash bid notifications and email/SMS alert registration on the company's website.

Name

Agrex

Legal name

Agrex Inc.

Website

https://agrexinc.com

Company type

Private

Founded year

1981

Operating status

Operating

Headcount range

101–250 employees

Short description

Agrex Inc. is a full-service agricultural commodity trading company handling grain, oilseeds, feed ingredients, and hay from origination to export. A wholly-owned subsidiary of Mitsubishi Corporation, it serves farmers, feed manufacturers, and international buyers across 12 U.S. locations and a global Mitsubishi-affiliated network.

Ownership category

akta.pro rank

Headquarters

HQ city

Overland Park

HQ country

United States

HQ region

North America

Offices10 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Commodity Trading: Agrex Inc. is a full-service agricultural commodity trading company handling grain, oilseeds, feed ingredients, hay, and many other food ingredients from origination and marketing to financing and logistics. Revenue is generated through trading margins on domestic and international commodity transactions.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels4 records

Core offering

Agrex Inc. is a full-service agricultural commodity trading company that originates, merchandises, and exports grains, oilseeds, feed ingredients, and hay/forage from its U.S. elevator and trading office network to domestic and international end-users. It provides cash and basis pricing, contract execution, logistics coordination, and financing services for producer and end-user counterparties, with its wholly-owned parent Mitsubishi Corporation extending reach into Asian markets.

Product overview

Agrex Inc. is a full-service agricultural commodity trading company offering a portfolio of commodity trading products and services. The core offerings include Grains and Oilseeds Trading (handling Black Beans, Canola, Chick Peas, Corn, Durum, Flax, Oats, Peas & Lentils, Pinto Beans, Rye, Sesame, Sorghum, Soybean, Rice, Flour, and Wheat) and Feed Ingredient Trading (including Beet Pulp Pellets, Canola Meal, Cotton Seed, Corn Gluten Meal, DDGS, Dehydrated Alfalfa Pellets, Hay Cubes, Hay Bales, and Soybean Meal). Supporting infrastructure includes a network of grain elevators in Nebraska, Alabama, Indiana, and Ohio, a forage export facility in Moses Lake, WA, and trading offices strategically placed throughout the United States. Services are delivered through Domestic Trading (offices in Overland Park, Minneapolis, Bowling Green, and Franklin) and International Trading (leveraging Mitsubishi Corporation's global network). The company also provides mobile applications for cash bid notifications on Android and iOS platforms.

Differentiator

Problem solved

Functional benefit

Products and services

• Grain and Oilseed Merchandising Domestic and export merchandising of grains and oilseeds via Agrex's multi-state elevator network and trading desks; serves U.S. producer sellers (farmers) and end-user buyers (feed manufacturers, processors, exporters).
• Feed Ingredient Trading Trading of feed ingredients to U.S. livestock feeders, feed manufacturers, and international buyers; sourced through Agrex's origination network and partner suppliers.
• Forage and Hay Export Containerized and bulk export of U.S.-origin hay and forage products, primarily to Asian markets (notably Japan), via the Mobile, AL export terminal and Pacificor JV terminals.
• International Commodity Trading Cross-border merchandising and export logistics services, primarily connecting U.S. producers with Asian end-buyers through the Mitsubishi Corporation global network.
• Agrex Mobile App (Bushel-powered) Mobile application enabling producer customers to view cash bids, manage grain offers/contracts, and transact with Agrex digitally; built on the Bushel platform.

Quantifiable outcome

• 10.2M bushels storage capacity at AC Grain joint venture facility
• +2 more outcomes

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Eleven partnerships are on record, tiered core and minor.

• TriGen Ag Partners LLCcoreStrategic or Co-development Partner · 1 August 2020Joint venture between Agrex Inc. and Max Farmers Elevator began in August 2020. Facilities in Max, Plaza, and Makoti, ND where Max Farmers Elevator has over 100 years of history within Ward, McLean, and Mountrail counties. A shuttle train loader in Ryder, ND on the Canadian Pacific was completed in fall 2021.
• Tronson Grain LLCcoreStrategic or Co-development Partner · 1 August 2013Joint venture between Agrex Inc. and Tronson Grain Company started in August 2013. Original facility of 800,000-bushel capacity located in Doyon, ND plus 600,000-bushel facility in Tolna, ND. Expansion completed for harvest 2013 with approximately 1.5M bushels additional storage capacity with ability to load 110 car shuttle trains. Additional upright storage of 425,000-bushel completed fall 2014 bringing total capacity to approximately 3.9M bushels.
• AC GraincoreStrategic or Co-development Partner · 1 November 2011Joint venture between Agrex Inc. and Cargill started in November 2011 with main facility in Dana, Indiana. Construction completed in 2013 to add flat storage building with additional storage capacity of 9.4M bushels with total storage capacity of 10.2M bushels. Handles corn, soybean, and wheat delivered to domestic and export markets.
• Pacificor LLCcoreStrategic or Co-development Partner · 1 January 1998Joint venture export marketing company formed by Archer Daniels Midland, Columbia Grain, Viterra, & Agrex Inc. with two terminals located in Kalama, WA and Portland, OR. Excels in local sourcing and international marketing offering full range of commodities including soybeans, corn, sorghum, durum, barley, hard red winter wheat, dark northern spring wheat, and soft white wheat.
• Sesaco CorporationminorStrategic or Co-development PartnerSince 1978, Sesaco Corporation has been working to help coordinate development of the sesame industry. Believes sesame adds value to a farmer's rotation, helping extend use of vital resources, particularly water. With approximately 50% oil, 25% protein, and several forms of antioxidants, sesame contributes positively to human health and nutrition.
• Agrex do Brasil (former Ceagro)coreStrategic or Co-development PartnerOne of the largest agribusiness companies in Brazil now called Agrex do Brasil. Focuses on system solutions for grain producers. Operates in seven Brazilian states (Goiás, Maranhão, Piauí, Tocantins, Mato Grosso, Bahia, and Minas Gerais). Handles approximately 1 million tons of grain commodities per year. Provides products and services to more than 1,300 small and medium farmers. Has plantations in over 70,000 hectares of land.
• TH Foods, Inc.minorChannel Partner/ Reseller/ DistributorLeading manufacturer in the snack food industry offering wide array of sesame, corn, and rice snack products known worldwide for innovative snack products.
• Indiana Packers CorporationminorChannel Partner/ Reseller/ DistributorFully integrated pork company centralized in one Midwest location to provide freshest, premium-quality products to food industry. Brand name is Indiana Kitchen. Created unique partnership consisting of hog producer and feed manufacturer resulting in leaner, healthier, and more flavorful bacon and pork products.
• Agrex Asia (Singapore)coreChannel Partner/ Reseller/ DistributorAffiliate of Agrex Inc. handling grain and oilseeds marketing in South East Asia as part of Mitsubishi Corporation's global supply and demand network.
• Agrex BeijingcoreChannel Partner/ Reseller/ DistributorAffiliate of Agrex Inc. handling grain and oilseeds marketing in China as part of Mitsubishi Corporation's global supply and demand network enabling direct exports to China and other Asian countries.
• Agrex Australia (JV with Olam)minorStrategic or Co-development PartnerJoint venture with Olam (MC 80% / Olam 20%) handling grain and oilseeds procurement, marketing and export. Has 2 trading offices and export terminal (Newcastle Agri Terminal) at Newcastle, NSW.

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Cargill: The largest private US agricultural commodity trader and Agrex's JV partner in AC Grain LLC (Dana, IN). Directly comparable as a global grain, oilseed, and feed-ingredient merchant with origination, storage, export, and trading capabilities overlapping Agrex's core book.
• Archer Daniels Midland (ADM): Global grain and oilseed merchandiser/processor and Agrex's JV partner in Pacificor LLC (Kalama/Portland). Operates origination elevators, shuttle-train loaders, and export terminals with a comparable commodity book spanning corn, soybeans, and wheat.
• Bunge: Global agribusiness and grain merchandiser with extensive US origination and export capability (including EGT joint venture terminal). Directly comparable to Agrex in oilseed/grain origination and international marketing through Brazilian and US platforms.
• Viterra: Global grain trader and Agrex's JV partner in Pacificor LLC. Comparable origination-and-export business model with similar commodity mix (wheat, canola, soybeans, corn) and significant North American elevator footprint.
• Louis Dreyfus Company: Global commodity merchant with US grain, oilseed, and cotton origination. Comparable as a privately held merchandiser with origination assets, river and export terminal access, and international marketing reach overlapping Agrex's core business.
• Columbia Grain International: US-based grain originator and merchandiser, and Agrex's JV partner in Pacificor LLC. Comparable as a PNW-focused grain trader handling wheat, corn, and soybeans with similar origination-to-export model.
• CHS Inc. US farmer cooperative and one of the largest US grain merchandisers. Comparable as a major US grain originator, elevator operator, and exporter with strong Midwest origination network similar to Agrex's footprint.
• The Scoular Company: Privately held US commodity trader active in grains, oilseeds, feed ingredients, and specialty crops. Comparable as a similarly sized private merchandiser with overlapping commodity mix and a focus on origination plus niche specialty markets.
• Olam Agri (formerly Olam International): Global agricultural commodity merchant and Agrex's JV partner in Agrex Australia. Directly comparable in grains, oilseeds, and feed ingredient trading with overlapping Australian and Asian footprints.

Regional players

• Zen-Noh (JA Group): Japanese agricultural cooperative federation that is a major grain importer and global grain trading participant. Comparable as a Japan-headquartered grain trading counterpart that channels agricultural imports through Mitsubishi-style supply chains; relevant given Agrex's Asia-driven export book.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/AgrexInc

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries11 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Agrex