FCStone buys Australian risk management firm

Adelaide-based Elders Risk Management, which specialises in risk management for producers and users of agricultural commodities, will now be known as FCStone Australia and become the US company's first Australian office.

FCStone is looking to boost its capabilities in the world's major agricultural regions at a time when the agricultural business is becoming increasingly internationalised and interconnected. "Australia is a key part of that strategy, because it is one of the world's most importan