In this issue: Mercaris inaugural online grain auction coming this fall. 
 
     
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Going Once, Going Twice!

Online Grain Auction Coming This Fall


Our mission is to grow and advance organic and non-GMO agriculture by providing better market data and an online trading platform for identity-preserved agricultural products. We are making great strides in delivering market data services and are excited to begin publishing market reports in just a little over a month. We've also been laying the groundwork for our inaugural online identity-preserved grain auction. We are pleased to announce that we will host our first auction this fall.

Markets for identity-preserved grains are developing rapidly, with consumer demand driving growth initiatives from both the public and private sectors. We are seeing state-run efforts to label non-GMO foods, and sector leader Whole Foods Market enacting their own labeling requirements.

We've spoken with supply chain participants. At every link, from growers to retailers, there is considerable interest in online auctions to market or source ingredients and grow networks. We are seeing interest in organic and non-GMO, food and feed-grade grains for both traditional “product-for-sale” auctions as well as “product-wanted” reverse auctions.

Online auctions of certified products can transform interactions between buyers and sellers to help sustainable agriculture grow. Mercaris is leveraging technology to improve market infrastructure and to provide a solution that helps participants in the identity-preserved grain markets be more successful.

How Mercaris online auctions benefit buyers and sellers:
  • Opportunity: Access new buyers/sellers, create new markets, and establish new partnerships
  • Ease: Conduct business more easily and efficiently  
  • Choices: Gain new market options for offloading excess capacity or filling in for supply shortages
  • Information: Transparent price discovery  
  • Anonymity: Confidential identity during bidding process
  • Security: Quality control and assurance of product specifications, creditworthiness, and certification integrity
These are exciting times for the sustainable agri-food industry. Mercaris is pleased to be providing solutions to help the market advance.

I will be reaching out to many of you to talk further about our plans for the first online auction. If you are interested in participating as a buyer or a seller, or if you have questions, please don’t hesitate to give me call at 308.530.9443 or to email me.

Cinch Munson
Director of Market Operations
 
 
 
 

Upcoming Events


September 16-18, 2013
Midwest Shippers Association-Specialty Grains Conference & Trade Show
Davenport, Iowa
 
September 25-28, 2013 
Natural Products Expo East
Baltimore, MD
 

We will be attending the above events. Contact us for more information.


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