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Farms Technology's next-generation Dynamic Pricing Platform Graindesk mobile app tracks growers’ grain contracts


Des Moines, Iowa, USA
August 13, 2013

With more growers relying on mobile technology for their daily farming operations, Farms Technology, L.L.C., a wholly owned subsidiary of DuPont Pioneer, has upgraded its Dynamic Pricing PlatformSM (DPPSM) Graindesk mobile app to reflect sellers' changing needs for updated grain-market information.

The free DPP mobile app puts your preferred buyers' bids at your fingertips, enabling you to make, monitor and manage offers to sell corn, soybeans and wheat 24 hours a day.

"With the updated DPP Graindesk mobile app, a grain producer can now make offers and monitor contracts anywhere, anytime," says Kevin Heikes, manager, Farms Technology. "Having access to contract and offer information helps growers manage logistics and the flow of grain to their local merchandisers."

The DPP Graindesk mobile app also delivers updated market information with the ability to create and manage futures-only and cash offers. Through mobile messaging, buyers can communicate with sellers directly through the mobile platform.

DPP Graindesk offers are monitored with every tick of the futures market from 8:30 a.m. to 1:15 p.m. and from 7 p.m. to 7:45 a.m. Utilizing the CME Group electronic markets, the DPP Graindesk facilitates an automatic connection between grower-approved offers and buyers' hedge orders. With patented e-Pit® services, DPP Graindesk can place a hedge order, receive confirmation of the fill, execute the cash purchase, and notify both buyer and seller in seconds. Before the DPP Graindesk and the upgraded DPP Graindesk mobile app, growers interested in selling grain contacted merchandisers to get a price or waited for a price notification via a scheduled text message.

"With the DPP Graindesk mobile app, the conversation between the grower and merchandiser is streamlined," Heikes says. "The DPP Graindesk helps growers set a target price with their preferred buyers, and conversations are enriched as discussions evolve from transactional to strategic."

The DPP Graindesk mobile app is compatible with both Android™ and iPhone® devices. Download the free mobile app at the App Store™ or Google Play store. Follow the simple registration process to link to your preferred buyer and create an account, all from your mobile device. Enhanced login and security features ensure information privacy.

For more information, visit dppgraindesk.com.

Farms Technology, L.L.C., is an industry leader for electronic grain marketing, facilitating millions of transactions between grain buyers and sellers since 2003. Our mission is to provide simple, useful tools that offer efficiency and convenience to farmers and grain buyers. Farms Technology, L.L.C., is a wholly owned subsidiary of DuPont Pioneer.

DuPont Pioneer (pioneer.com) is the world's leading developer and supplier of advanced plant genetics, providing high-quality seeds to farmers in more than 90 countries. Pioneer provides agronomic support and services to help increase farmer productivity and profitability and strives to develop sustainable agricultural systems for people everywhere. Science with Service Delivering Success®.

DuPont (NYSE: DD) has been bringing world-class science and engineering to the global marketplace in the form of innovative products, materials, and services since 1802. The company believes that by collaborating with customers, governments, NGOs, and thought leaders, we can help find solutions to such global challenges as providing enough healthy food for people everywhere, decreasing dependence on fossil fuels,  and protecting life and the environment. For additional information about DuPont and its commitment to inclusive innovation, please visit www.dupont.com.



More news from:
    . DuPont Pioneer
    . Farms Technology LLC


Website: http://www.pioneer.com

Published: August 13, 2013

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