MORE THAN 10,000 producers and 1,500 buyer facilities are registered, and about 4,000 bids are transacted daily in Iowa, Kansas, Nebraska, Illinois, Indiana and Minnesota. The company will soon be in Missouri, Michigan, North and South Dakota, Oklahoma, Texas and Colorado, Flatlie notes. Our emphasis is on the relationship between the local farmer and his dealer. Our site allows elevators to sign up to post their bids, and sometime during the fourth quarter we ll have on-line market transactions, says Beadle. We re an electronic desk in the ag world, says company CEO Don Lies.
Feed is made up of grains.
Millions of tons of feed are mixed yearly. It s a coming together of the grain industry and blending directly with feed industry, says Lies. Farmers can check prices and updates at any time. Grain crops are sold direct to elevators. Elevators turn around, sell the product on line to feed mills and other places.