In this issue: Mercaris Launches New Website; Industry-First Online Auctions for Transitional Organic Oats
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Mercaris Launches New Website
More tools, updated design


We’re excited to announce the launch of our brand new website! The new site features more tools for providing accurate, reliable market information for organicand non-GMO commodities and brand new tools for buying or selling organic or non-GMO grain. And, we think it looks pretty snazzy, too!  If you’ve already signed up and created an account with us, your existing email and password still work.  If you’re visiting for the first time, you can get started by creating a free account from the sign up page

Whether you're a grower, merchandiser, processor, consultant or food company, there’s something for you on our website.  Please check it out and let us know what you think!  We’ll be rolling out even more tools for you over the coming weeks and months, so the time to join is now.

 

Industry First Online Auctions for Transitional Organic Oats


If you've been watching the news from the organic sector, or if you're involved in the organic supply chain, you know that finding and procuring high quality, reliable supplies of organic commodities and ingredients is a real challenge.  Consumer demand continues to outpace supply, particularly for U.S. grown organic grains & oilseeds.

There are several reasons behind the tight supply. However, there is one key factor that has proven to be a significant barrier to entry for growers looking to convert conventional farmland into organic production. That is, the three years that elapse between the time a farmer begins to manage his or her acreage under USDA NOP rules, and when the farmer receives organic certification and can begin marketing crops as certified organic.  During that time period, the grower may be incurring the higher burdens and costs of changing management practices but cannot yet reap expected organic premiums.

One way of  facilitating and supporting transition is to determine whether there is demand in the marketplace for crops grown under accepted organic farm management practices during the transition period (Transitional Organic).  If so, what is a market price for those crops?


To begin to answer these questions, in August Mercaris hosted the first-ever online auction for transitional organic grain.  Per our standard protocols, the grower was confirmed to be undertaking organic management practices with his certifier, and interested buyers were able to request samples ahead of the auction.  The auction was a success, with strong participation from buyers, and observations including:
  • 10,000 bushels of organic, food grade oats were sold;
  • The price per bushel settled 60% above the local cash price for conventional oats, and 85% below the national price for organic oats;
  • Buyer participation was motivated by the chance to form early relationships with new organic growers
  • Establishing a market price for transitional crop was an efficient way to support the goals of both buyer and seller.

Companies that are proactive about procurement opportunities and growers that wish to capture some of the financial and environmental benefit of transitioning acreage now have one more option available to them for easing the transition into organic production.  For more information, contact Lizzie Ekeberg, Director of Market Operations directly by email or by phone at 312-423-1875.

 

Upcoming Auctions

On the Mercaris Platform in September:

Selling:

Organic Corn, Feed grade, 4,000 bushels, FOB NE Iowa

Non-GMO, White Corn, Food Grade, 5,000 bushels FOB Central Indiana


Buying:

Organic Corn, Feed grade, 20,000 bushels, FOB SE Nebraska

For more information or full contract specs, log-in to your Mercaris Auctions Account, or contact Lizzie Ekeberg.

Upcoming Events

We’ll be attending the following conferences and events.  If you’d like to connect with us, please email us or call 312-423-1875


Sept. 9-11
Midwest Shippers Association Conference
Minneapolis, MN
Tradeshow booth #306

Sept. 16-19
Natural Products Expo East
Baltimore, MD

Sept. 30-Oct. 1
Grain & Oilseeds Summit
Minneapolis, MN

Annoucements

Mercaris is growing!  We're hiring a Sales Associate and a Director of Business Development. 

Want to join an innovative, growing new company?  
 
Visit our website for more information.
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