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New app streamlines grain trading

Audrey Kittrell 07/07/2011 @ 11:17am Editorial Intern for Successful Farming magazine and Agriculture Online

A new mobile application has been released for grain commodity sellers who use iPhone and Android smart phone systems. The trading app, called DPPSM (Dynamic Pricing PlatformSM) grain desk, allows electronic buying and selling of corn, soybeans, wheat and sorghum.  The DPP grain desk application is free, and can be downloaded from the Farms Technology, L.L.C., website.

DPP grain desk is designed to streamline sellers with buyers, making it easier to make, manage and monitor offers.  App users can monitor futures markets, view local cash bids, market commentary, and make grain transactions.  Growers can choose the bushel quantity, delivery period and desired cash price for the grain commodity.

The app attempts to connect sellers and buyers in close geographical locations to present local opportunities to market grain.  Active private bids (APB), which are typically pricier compared to public bids, are made freely available.  APB text alerts can be set up to meet immediate needs for a specific quantity or quality of grain from a desired location.

Download the free software from the Farms Technology, L.L.C., website www.farmstech.com or directly at www.dppgraindesk.com/mobile

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