Please click here . Pradium - Speed. Pradium Inc. Pradium will operate an online marketplace and information resource for buyers and sellers of cash grains, oilseeds, and by-products. Joe Braker , former agriculture group president with The Andersons Inc. is senior vice president, operations. Investors Initial investors include ADM, Cargill, Cenex Harvest States, DuPont, and Louis Dreyfus.
Discussions are underway with other industry investors.
Pradium's exchanges will include virtual trading pits for corn, soybeans and commodity by-products including wheat middlings, soy hulls, corn gluten feed, corn gluten meal, meat and bone meal, corn hominy and distillers dried grains pits. Future product pits will include wheat, soybean meal, oats, grain sorghum, barley, and non-refined vegetable oils among others. A transportation exchange is also planned. Pradium will bring best of class market information, streamlined news, weather, quotes and expert commentary to one site. The site will offer access to integrated back-office transactions, financial services, risk management, logistics, and supply chain management tools.