The grains market is perhaps the oldest market in history, predating our civilization by millennia. For as long as humanity has grown grains, we have been trading them, and this market still holds significance in today’s world.
In modern society, farmers still market their grain and sell what they grow on a larger scale. Customers can include ranchers who need feed for their livestock to ethanol factories requiring grains for their products.
Local buyers set the current cash price for grain in that area’s market. But to stay competitive in the grain market, producers rely on accurate data, such as weather trends, to determine their prices and sell grain.
Those involved in the grain marketing supply chain rely on technology for their success. This is why Agfinity offers a real-time live market and grain marketing app so you can view trade history, local pricing and gain access to a live futures feed.