AC Grain, LLC

What AC Grain, LLC does

AC Grain, LLC is a privately held joint venture between Agrex and Cargill that operates a single grain elevator facility in Dana, Indiana, handling corn and soybeans for local agricultural producers. The entity was formalized in Fall 2013 when construction of an expanded elevator (started November 2011) was completed, upgrading the site from a prior smaller Cargill-only 65-car unit train facility to its current scale.

The core asset is the Dana, IN elevator, which provides 9 million bushels of storage capacity, 90-car unit train loading capability, and dual 25,000 bu/hr receiving legs for fast truck intake during harvest. Grain is received from local farmers via truck, stored on-site, and shipped out by rail in unit train configurations to downstream commodity markets. Cargill handles all commercial functions on behalf of the JV, including grain purchasing, cash bid pricing (published via Cargill's platform), customer onboarding, settlement, and cash bid text notifications; AC Grain operates the physical facility and its own Office/Scale locations.

The business model is grain merchandising: AC Grain buys corn and soybeans from local farmers at published cash bids (with quality-based discounts per downloadable schedules) and sells into larger commodity markets, earning revenue on the spread between purchase and sale price. Pricing is transaction-based and varies daily with commodity markets. The company serves grain farmers in the Dana, IN draw area, with 1-10 employees, and is currently active in seasonal hiring for harvest operations.

Name

AC Grain, LLC

Legal name

AC Grain, LLC

Website

https://acgrain.com

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

1–10 employees

Short description

AC Grain, LLC is a joint venture between Agrex and Cargill operating a single grain elevator in Dana, Indiana. It purchases corn and soybeans from local farmers, stores up to 9 million bushels, and ships via 90-car unit trains, with Cargill handling all commercial grain buying and settlement.

Ownership category

akta.pro rank

Product category

Grain Elevator Services

NAICS

Farm Product Warehousing and Storage (493130)

SIC

Wholesale-Farm Product Raw Materials (5150)

akta.pro primary industry

Grain & Agri-Bulk Terminals (Elevators, Silos, Feed Grains) (TLAHABAD)

akta.pro secondary industries

Grain Merchandising & Origination Facilities (AFAOAAAD), Country & Inland Grain Elevators (Receiving/Shipping) (AFAOAAAA), Bulk Grain Conveying & Handling Systems (Conveyors/Legs/Spouts) (AFAOAAAI), Bulk Loadout Systems (Railcar/Truck/Vessel) (AFAOAAAH)

Keywords

• Grain elevator services
• Corn and soybean handling
• Bulk grain storage
• Agricultural commodity merchandising
• Rail unit train loading

Headquarters

HQ city

Dana

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Operations, Infrastructure, Personnel

Revenue model

1. Grain Merchandising: AC Grain operates as a grain elevator purchasing corn and soybeans from local farmers, then selling into larger commodity markets via rail and other channels. Revenue generated through the spread between purchase price and sale price.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

AC Grain, LLC operates a grain elevator in Dana, Indiana that purchases, stores, and merchandises corn and soybeans from local farmers. The facility is equipped with rail-based unit train loading capability, large-scale storage, and high-throughput receiving infrastructure to support efficient harvest intake and bulk shipment. Commercial sales and grain marketing functions are handled by Cargill through the joint venture arrangement.

Product overview

AC Grain, LLC is a joint-venture grain elevator company operated by Agrex and Cargill, offering a unified grain marketing and storage platform. The core product consists of grain buying/selling services supported by Cargill's settlement systems, complemented by grain storage infrastructure with 9 million bushel capacity and 90-car unit train loading. Additional services include AC Grain Cash Bids for real-time pricing, downloadable Corn and Soybean Discount Schedules for quality-based pricing transparency, StoneX Market Intelligence for market analysis, and a New Customer Welcome Packet for onboarding. The company serves agricultural producers in the Dana, Indiana region with regular business hours Monday through Friday.

Differentiator

Problem solved

Functional benefit

Products and services

• Grain Purchasing and Merchandising Services Outright purchase of corn and soybeans from local farmers at posted daily cash bids, with downstream sale handled through Cargill's commercial merchandising network. Intended for commercial grain farmers delivering at harvest or throughout the year.
• Grain Storage and Handling Services On-site storage and handling of corn and soybeans at the Dana, Indiana facility, with 9 million bushel storage capacity and dual 25,000 bu/hr receiving legs for high-throughput intake. Used by farmers to hold grain post-harvest for later sale at improved prices.

Quantifiable outcome

• Upgraded from 65-car to 90-car unit train loading capability
• +1 more outcomes

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature3 records

Partnerships

Two partnerships are on record, tiered core.

• CargillcoreStrategic or Co-development Partner · 1 January 2013Cargill co-owns the AC Grain joint venture asset and handles all grain buying and settlement operations. Cargill provides the commercial infrastructure, customer service, pricing (cash bids), and market access for the elevator's grain purchasing activities. The Dana elevator was originally a smaller Cargill-only facility before the joint venture upgrade.
• AgrexcoreStrategic or Co-development Partner · 1 January 2013Agrex co-owns the AC Grain joint venture asset alongside Cargill. Agrex is a widely respected agricultural company that provides strategic backing and operational expertise to the grain elevator operation.

Scale indicators3 records

Recent moves5 records

Expansion highlights3 records

Broad incumbents

• Bunge: Global agribusiness and oilseed processor with significant U.S. grain origination assets. Comparable in commodity merchandising, rail logistics, and storage infrastructure serving corn/soybean supply chains.
• ADM (Archer Daniels Midland): One of the world's largest agribusiness firms with a major U.S. grain origination and storage footprint across the Midwest. Comparable to AC Grain in handling corn and soybeans and shipping via unit trains to processors and exporters.
• CHS Inc. Largest U.S. agricultural cooperative with grain handling, storage, and rail-loading facilities across the Midwest. Operates country elevators similar in function to AC Grain but at far greater scale.
• Cargill: Global agricultural commodities giant and AC Grain's JV partner. Operates an extensive North American grain elevator network and provides commercial/settlement infrastructure to AC Grain, making it the most direct benchmark for asset utilization and merchandising capability.

Direct peers

• GROWMARK: Midwest-based agricultural cooperative operating grain elevators and agronomy services across Indiana and surrounding states. Directly comparable as a country elevator competitor sourcing corn and soybeans from local farmers.
• The Andersons: U.S. agribusiness operating grain elevators, storage, and rail logistics in the Eastern Corn Belt and beyond. Directly comparable country elevator model with unit train shipping capability.
• Consolidated Grain and Barge (CGB): Operates a network of inland grain elevators and river terminals with unit-train capable facilities. Directly comparable to AC Grain in bulk grain origination, storage, and rail/vessel shipping economics.
• Perdue AgriBusiness: Operates grain elevators and merchandising operations across the Eastern U.S., including Indiana-adjacent states. Comparable in handling corn and soybeans and serving farmer customers with similar services.

Others

• StoneX Group: Financial services and market intelligence provider integrated into AC Grain's website for grain pricing and analysis. Adjacent ecosystem participant rather than a direct competitor, but relevant given AC Grain's reliance on StoneX for market data distribution.

Regional players

• Heartland Grain: Regional grain elevator operator in the U.S. Midwest focused on corn, soybeans, and wheat merchandising and storage. Comparable operating model to AC Grain though concentrated in different geographies.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/ac-grain-llc

Revenue estimate

Valuation estimate

Number of profiles

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 AC Grain, LLC