Method for electronically initiating and managing agricultural production contracts
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United States of America Patent
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Mar 8, 2011
Grant Date -
Jan 6, 2005
app pub date -
Oct 20, 2003
filing date -
Jun 22, 1998
priority date (Note) -
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Abstract
A method of facilitating the contracting of agricultural products using the Internet is used for providing buyers and sellers with real time information relating to the type and amount of agricultural products available for contract. The invention includes a relational database for the storage and retrieval of information. One or more end use buyers can store information in the database relating to a desired type and quantity of agricultural products. Agricultural producers, such as farmers, can view listings of agricultural products desired and the system can facilitate the contracting between the buyers and producers for the agricultural products. The system can display in real time the quantity and types of agricultural products under contract and available for contract. The system can manage delivery preferences, quality data and determine contract pricing based on these criteria.
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