The Andersons originated and is still headquartered in Maumee, Ohio. More than 70 years later, we own more than 50 grain terminals in eleven states as well as Manitoba and Saskatchewan, Canada, with a total grain storage capacity of more than 190 million bushels.
Our grain facilities accept corn, soybean, wheat, oats, and more commodities. Within the last several years, we have acquired both food grade and non-food grade grain and agronomy facilities which has allowed us to diversify our business unit into new territories in Texas and the central part of Michigan.
In addition to operating our own grain facilities, we provide services to the ethanol industry through plant management, corn origination, and the marketing of distiller dried grains (DDGS) and ethanol marketing. Our core competencies in risk management can be extended to help optimize the return on ethanol investments. We have origination and/or marketing agreements in place at several ethanol facilities throughout the Midwest. Our Commodity Risk Management department services the risk management and hedging needs for end-user suppliers through futures and options trading as well as through physical procurement and delivery of food grade corn and oats.