The Supply Location Monitor assesses the economics of buying, storing, and handling grain at each grain production facility in the US, and it compares the pricing risk of different crops. The Supply Location Monitor  is customizable, enabling users to select a center and radius for a given crop.

 

Customers Use This Tool To

  • In-season production forecasts for corn, soybeans, wheat driven by Gro’s yield models
  • Historical production data from USDA NASS
  • Current and forward cash price of wheat, corn and soybean of a specific facility
  • The ability to compare current per bushel basis prices on a particular facility against other production facilities within a user specified radius as well as the ability to compare it to that facility’s historical per bushel basis prices
  • Competitive analysis capabilities, ie the ability to see how much competitors  are willing to pay per bushel in a given area

 

Why this Matters

The Supply Location Monitor helps Gro users to understand the supply of corn, soybean, and wheat available near grain production facilities in the US. 

The tool shows both current and historical production-weighted basis price information, and it dynamically updates when users adjust the radius or trucking rates in the app. The app, which can analyze up to six facilities simultaneously, shows how different facilities compete for bushels when sourcing areas intersect. 

Gro Users can apply the Supply Location Monitor to analyze the bushels available, the price that they will have to pay, and how they will compete with nearby facilities. Buyers can also conduct sensitivity analyses to determine how traveling farther or paying more per bushel might change realized costs.

With this information, users such as bank lenders or grain buyers and sellers can all more comprehensively assess and analyze supplier relationships and facilities.

 

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