White River Nutrition Implements RadarRadar Risk Management Platform
White River Nutrition, a leading developer and operator of oilseed processing facilities, has chosen RadarRadar, a premier commodity price risk management software provider, to bolster its risk management strategy. This strategic partnership will enable White River to streamline its risk management processes and make more informed decisions.
White River Nutrition, headquartered in Omaha, Nebraska, operates soybean processing plants in Seymour, Indiana, and Creston, Iowa. The company is dedicated to deliveringsuperior quality vegetable protein meal and oil, contributing to improved nutritional outcomes.
“RadarRadar provides us with the tools to manage risk effectively and make smarter, more agile risk and compliance decisions in real-time,” stated Walter Cronin, Co-Founder and President of White River. “We’re thrilled to partner with RadarRadar to gain a deeper understanding of our exposures to price fluctuations in both the futures and physical markets.”
The RadarRadar platform allows White River to automate its position and risk function, freeing up valuable resources to focus on core business objectives. This automation streamlines data processing, leading to more accurate and timely reporting, ultimately improving decision-making capabilities.
Alexander Regnault, COO and Co-Founder of RadarRadar, emphasized the significance of this partnership: “White River Nutrition is an exciting entrant into the U.S. soybean crush industry, and we’re honored to partner with such an ambitious company. By automating White River’s position and risk functions, we enable them to focus on their strengths, which is margin management, not data management. This is a win-win scenario that propels both organizations toward a brighter future and supports White River’s goals to produce superior soybean meal for better nutritional outcomes."
RadarRadar, founded in 2010, has established itself as the leading Software-as-a-Service (SaaS) commodity price risk management platform globally. Regarded as a profit center by its clients, RadarRadar empowers them to achieve higher margins through its leading-edge technology.
About RadarRadar
RadarRadar revolutionizes commodity price risk management with its cutting-edge SaaS platform. Serving clients ranging from global enterprises to single crush plants, RadarRadar acts as a profit center, enabling clients to optimize margins by automating position reporting processes. The platform delivers faster, more accurate reporting, enhancing risk functionality from Value at Risk (VaR) to Stress Testing and even propelling forward-looking margin management. This empowers RadarRadar clients to spend less time aggregating and validating data compared to their competitors, allowing for more time allocating time to strategic decision-making driven by superior information. Learn more at www.radarradar.com.
About White River Nutrition
Headquartered in Omaha, Nebraska, White River Nutrition is dedicated to developing and operating state-of-the-art oilseed processing facilities across the United States. With decades of experience in soybean processing and a steadfast commitment to production and safety excellence for its employees, the company strives to provide the highest quality vegetable protein meal and oil, driving positive nutritional outcomes.
Passionate about building lasting partnerships with farmers and contributing to the well-being of their communities, White River Nutrition is dedicated to delivering superior soybean products to its customers. Learn more at www.whiteriversoy.com.
How does the partnership with RadarRadar help White River Nutrition manage risk associated with fluctuating soybean prices?
## New Partnership Aims to Improve Risk Management in the Soybean Industry
Today we’re joined by Walter Cronin, Co-Founder and President of White River Nutrition, a leading developer and operator of oilseed processing facilities. White River recently announced a partnership with RadarRadar, a premier commodity price risk management software provider. Walter, welcome to the show!
**Walter Cronin:** Thank you for having me.
**Interviewer:** Can you tell us a little about this new partnership and what it means for White River Nutrition?
**Walter Cronin:** We’re thrilled to be partnering with RadarRadar. As a company committed to delivering superior quality soybean meal and oil, managing risk is crucial for us. RadarRadar’s platform will allow us to automate our position and risk functions, freeing up valuable resources to focus on our core objective: delivering the highest quality products. This means we can make smarter, more agile decisions in real-time, ultimately leading to improved outcomes.
**Interviewer:** What are some of the key benefits you hope to see from this partnership?
**Walter Cronin:** First and foremost, RadarRadar provides us with the tools to manage risk effectively. This includes gaining a deeper understanding of our exposures to price fluctuations in both the futures and physical markets. The platform also streamlines data processing, leading to more accurate and timely reporting, which is essential for making informed decisions.
**Interviewer:** Alexander Regnault, COO and Co-Founder of RadarRadar, stated that this partnership is a “win-win” scenario. Could you elaborate on that?
**Walter Cronin:** Absolutely. By automating tasks that were previously time-consuming, we can free up our team to focus on what they do best – managing margins and ensuring the highest quality products. This partnership allows us to focus on our strengths while benefiting from RadarRadar’s expertise in risk management.
**Interviewer:** This is a significant development in the soybean industry. Do you see this type of partnership becoming more common?
**Walter Cronin:** I believe so. The agricultural industry is constantly evolving, and technology is playing an increasingly important role. Companies like RadarRadar are providing innovative solutions that enable companies like ours to operate more efficiently and effectively.
**Interviewer:** Thank you for your insights, Walter. We wish you all the best in this exciting new partnership!
**Walter Cronin:** Thank you for having me.
