NEWS RELEASE Contact: Casey Pearce, Marketing Communications Specialist 870-243-0040 RITTER GRAIN SERVICES ACQUIRED BY POINSETT RICE & GRAIN, INC. March 7, 2017; Marked Tree, Ark. – Ritter Agribusiness announced today that Poinsett Rice & Grain, Inc. has purchased Ritter’s Grain Services operation located in Marked Tree, effective March 3, 2017. “We’re pleased that Poinsett Rice & Grain, a family-owned, Arkansas-based business has taken over the Marked Tree grain operation and that all of Ritter’s grain services employees in Marked Tree have transitioned to Poinsett Rice & Grain,” Ritter Agribusiness President Kevin Wright said. “We’ve had a great working relationship with Poinsett Rice & Grain for many years and we believe they will be great partners for us and our producers as Ritter continues to serve the Delta agriculture community.” Ritter Agribusiness owns 32,000 acres of Delta farmland, oversees the management of another 16,000 acres, and is a partner in a cotton gin and warehouse operation. Ritter has leased a grain facility in Otwell, AR since 2013. The lease on the Otwell location expires at the end of March, and the property owner will reassume control of that facility at that time. As it has been since 1886, Ritter Agribusiness will remain headquartered in Marked Tree. “Delta farming is part of who we are and it is deeply embedded in our company history,” Wright said. “We remain committed to the agriculture industry and to the Marked Tree community. We’re excited about the opportunities that lie ahead.” Poinsett Rice & Grain now owns and operates six storage facilities as well as a river port and a brown rice mill. The company ships crops via truck, barge, rail and vessel and offers the following products for domestic and export markets: long grain rough rice, medium grain rough rice, long grain brown rice, medium grain brown rice, soybeans, corn and wheat. “We are pleased to have the opportunity to continue to grow our business as we serve Northeast Arkansas farmers and Arkansas agriculture as a whole,” said Poinsett Rice & Grain Vice President Ryan Carwell. “The acquisition of the Marked Tree facility gives our customers another marketing option that will prove beneficial to their businesses. It’s a win-win situation for all involved.” About Ritter Agribusiness: For more than a century, Ritter Agribusiness has grown and evolved to become one of the most respected and diverse agricultural businesses in east Arkansas, offering farms management to landowners and cotton ginning and warehousing to area farmers. The company owns over

Ritter Grain Services Acquired by Poinsett Rice & Grain Inc. · 2017. 3. 7. · Grain, Inc. has purchased Ritter’s Grain Services operation located in Marked Tree, effective March

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NEWS RELEASE Contact: Casey Pearce, Marketing Communications Specialist 870-243-0040

RITTER GRAIN SERVICES ACQUIRED BY POINSETT RICE & GRAIN, INC.

March 7, 2017; Marked Tree, Ark. – Ritter Agribusiness announced today that Poinsett Rice & Grain, Inc. has purchased Ritter’s Grain Services operation located in Marked Tree, effective March 3, 2017.

“We’re pleased that Poinsett Rice & Grain, a family-owned, Arkansas-based business has taken over the Marked Tree grain operation and that all of Ritter’s grain services employees in Marked Tree have transitioned to Poinsett Rice & Grain,” Ritter Agribusiness President Kevin Wright said. “We’ve had a great working relationship with Poinsett Rice & Grain for many years and we believe they will be great partners for us and our producers as Ritter continues to serve the Delta agriculture community.”

Ritter Agribusiness owns 32,000 acres of Delta farmland, oversees the management of another 16,000 acres, and is a partner in a cotton gin and warehouse operation. Ritter has leased a grain facility in Otwell, AR since 2013. The lease on the Otwell location expires at the end of March, and the property owner will reassume control of that facility at that time. As it has been since 1886, Ritter Agribusiness will remain headquartered in Marked Tree.

“Delta farming is part of who we are and it is deeply embedded in our company history,” Wright said. “We remain committed to the agriculture industry and to the Marked Tree community. We’re excited about the opportunities that lie ahead.”

Poinsett Rice & Grain now owns and operates six storage facilities as well as a river port and a brown rice mill. The company ships crops via truck, barge, rail and vessel and offers the following products for domestic and export markets: long grain rough rice, medium grain rough rice, long grain brown rice, medium grain brown rice, soybeans, corn and wheat.

“We are pleased to have the opportunity to continue to grow our business as we serve Northeast Arkansas farmers and Arkansas agriculture as a whole,” said Poinsett Rice & Grain Vice President Ryan Carwell. “The acquisition of the Marked Tree facility gives our customers another marketing option that will prove beneficial to their businesses. It’s a win-win situation for all involved.”

About Ritter Agribusiness:

For more than a century, Ritter Agribusiness has grown and evolved to become one of the most respected and diverse agricultural businesses in east Arkansas, offering farms management to landowners and cotton ginning and warehousing to area farmers. The company owns over

Page 2: Ritter Grain Services Acquired by Poinsett Rice & Grain Inc. · 2017. 3. 7. · Grain, Inc. has purchased Ritter’s Grain Services operation located in Marked Tree, effective March

32,000 acres of Mississippi Delta farmland and manages another 16,000 acres in the region. The company is headquartered in Marked Tree, Arkansas.

About Poinsett Rice & Grain:

Poinsett Rice & Grain, Inc. was founded in 1988 in Waldenburg, AR. The company started with a small storage facility, and over the years it has grown to include six storage facilities, a river port and a brown rice mill.

The company attributes their growth to the loyalty of their customers as well as a strong commitment to operating with integrity, honesty and superior customer service. They treat each and every customer as though they are part of the Poinsett Family.

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