Bonded buyers search the database by price, location, percentage of lean, or a combination of factors. When they find a contract they like, they hit a button on the keyboard, and the sale is complete. The database manager then confirms the sale with the buyer and the seller. From that time on, seller and buyer work with each other through th e contract's delivery and settlement. The seller is paid directly by the bonded buyer after th e delivery.
Buyers use the servic e for free.
If a contract doesn't sell, it is automatically removed from the catalog's inventory and released back to the seller. Ready to go All these Internet marketing formats are in place now. If producers embrace Internet marketing, and place inventories for sale, it will succeed. Buyers will go where th e commodities are for sale. Online SF Online Copyright Meredith Corporation 1997-98.