Danish Commoditrader platform for farmers starts

The volume of grain in world trade will increase by 12 million tonnes (2 percent) this year, according to the International Grains Council (IGC). In the 2020/2021 season, the volume of grain in global trade will already exceed 2.2 billion tonnes. With such huge volumes, digital tools are playing an increasingly important role, making it easier to optimize grain trade. In Denmark, 40 percent of farmers have already registered on the Commoditrader digital grain exchange, and cereal producers using the platform have obtained up to 12 percent better selling prices. Commoditrader is now available in Poland.

Commoditrader provides producers and buyers with better and wider market access, and most importantly - allows for obtaining better prices for both parties to the transaction. Danish and Romanian experiences say that prices are up to 12 percent. better than average market prices obtained in the traditional form of trade at the same time.

Users can both sell and buy grain as on e-commerce platforms known in Poland: Allegro or OLX. Buyers and sellers can register their interest in buying or selling by creating or listing bids. One of the most important functions of Commoditrader is the ability to purchase goods including transport - the platform will facilitate contact with an independent logistics provider.

“We believe that you can participate in trade on fair terms and with equal access to information,” Ida Boesen, co-founder of Commoditrader, said.

“When creating the platform, we were guided by the desire to provide cereal producers with better and wider market access. Thanks to our product, farmers will have a better starting point for price negotiations, as well as better access to various types of partners: producers, traders, mills, brokers,” she added.

(WBJ)