Sorghum Joins CyberCrop for Internet Trading
May 12, 2000
The National Grain Sorghum Producers has worked out a deal with CyberCrop.com to allow farmers to sell grain sorghum, along with corn, soybeans and wheat, when the Internet trading site is launched later this month. CyberCrop.com is an e-commerce web site for producers and buyers in agriculture.
CyberCrop is to release an online cash grain exchange with a phased rollout this month in central and western Kansas and southern Nebraska with coverage across a majority of the country by July. It will offer a neutral, real-time exchange for cash commodities. The aim is for both buyer and seller to extend the reach of their traditional markets and increase operating and transaction efficiencies and revenues through the service.
"CyberCrop.com gives grain sorghum producers one more option for selling their cash grain, allowing individual producers to take advantage of the benefits of real-time market efficiencies," said NGSP President Tim Lust. NGSP, headquartered in Lubbock, TX, and its members represent 30 states with affiliate organizations in seven states throughout the U.S. sorghum-producing regions.