CHS Inc. (CHSCP), the nation's leading farmer-owned cooperative and a global energy, grains and foods company, announced today the release of its new grain trading mobile app.
The free app allows easy access to CHS grain terminals, soybean processing plants and select service center bids. It enables producers to make, monitor and manage offers to sell corn, soybeans and wheat electronically. The app also provides market information with the ability to create and manage futures-only, basis-only and cash offers.
"We're excited to share our CHS grain trading mobile app, making it even easier for producers to manage aspects of their marketing when and where it's convenient for them," says Rick Dusek, CHS vice president, grain marketing-North America. "The app is perfect for those who want to actively check markets and trade grain from the field or anywhere."
Offers through the CHS grain trading mobile app are monitored during futures market hours from 8:30 a.m. to 1:15 p.m. and from 7 p.m. to 7:45 a.m. Utilizing the CME Group electronic markets, the app also facilitates an automatic connection between grower-approved offers and CHS hedge orders. With patented e-Pit services provided by Farmstech, the app can place a hedge order, receive confirmation of the fill, execute the cash purchase, and notify both buyer and seller in seconds.
The CHS Grain Trading mobile app is compatible with both Android and iPhone devices. Download the free mobile app at the App Store or Google Play store. Follow the registration process to link to your CHS account and create a grain trading mobile account. Enhanced login and security features ensure information privacy.