22 RVC Insights Spring - Flipbook - Page 15
Another way technology can help manage price risk is by utilizing the
River Valley Cooperative App.
You may already be familiar with the agronomy management features
of the App, including:
- Product Pricing
- Approving Quotes
- Purchase History
- Product Bookings
- Invoices
- Payment
Grain activity is available. Along with being able to see grain prices,
futures, and hours, you can look up contracts, review scale tickets, view
settlements, and check balances. Regarding grain price management,
the App now allows you to place price offers that you can manage 24/7.
The steps are easy:
Tap on “Grain” in the main menu
Tap on “Offers”
Select “Create Offer”
This screen will appear.
Verify location and
commodity then select
the delivery period.
Enter offer information and
submit. Note offer can be for
Cash, Futures or Basis.
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