Dynamic Pricing Platform Graindesk Mobile App Tracks Growers' Grain ContractsTue, 13 Aug 2013 12:55:26 CDT
With more growers relying on mobile technology for their daily farming operations, Farms Technology, L.L.C., a wholly owned subsidiary of DuPont Pioneer, has upgraded its Dynamic Pricing Platform Graindesk mobile app to reflect sellers' changing needs for updated grain-market information.
The free DPP mobile app puts your preferred buyers' bids at your fingertips, enabling you to make, monitor and manage offers to sell corn, soybeans and wheat 24 hours a day.
"With the updated DPP Graindesk mobile app, a grain producer can now make offers and monitor contracts anywhere, anytime," says Kevin Heikes, manager, Farms Technology. "Having access to contract and offer information helps growers manage logistics and the flow of grain to their local merchandisers."
The DPP Graindesk mobile app also delivers updated market information with the ability to create and manage futures-only and cash offers. Through mobile messaging, buyers can communicate with sellers directly through the mobile platform.
DPP Graindesk offers are monitored with every tick of the futures market from 8:30 a.m. to 1:15 p.m. and from 7 p.m. to 7:45 a.m. Utilizing the CME Group electronic markets, the DPP Graindesk facilitates an automatic connection between grower-approved offers and buyers' hedge orders. With patented e-Pit® services, DPP Graindesk can place a hedge order, receive confirmation of the fill, execute the cash purchase, and notify both buyer and seller in seconds. Before the DPP Graindesk and the upgraded DPP Graindesk mobile app, growers interested in selling grain contacted merchandisers to get a price or waited for a price notification via a scheduled text message.
"With the DPP Graindesk mobile app, the conversation between the grower and merchandiser is streamlined," Heikes says. "The DPP Graindesk helps growers set a target price with their preferred buyers, and conversations are enriched as discussions evolve from transactional to strategic."
The DPP Graindesk mobile app is compatible with both Android™ and iPhone® devices. Download the free mobile app at the App Store™ or Google Play store.
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