This platform offers specialized software for farmers and grain marketing advisors to manage agricultural logistics and sales. Combyne Capture automates data entry from documents like contracts and load tickets, providing real-time tracking of sold grain positions. Advisors use Copilot to centralize client futures, options, and physical sales data for comprehensive risk management and strategy mapping.
Funding
Funding not disclosed
Founders
Product
Problem
Farmers and grain marketing advisors face challenges in accurately tracking grain contracts, settlements, and load tickets, leading to inefficiencies in data management and strategic planning. This manual process consumes valuable time and can result in suboptimal marketing decisions due to a lack of real-time visibility into sold positions.
Solution
Combyne provides a digital platform designed to streamline grain contract management and marketing operations for both farmers and advisors. The Combyne Capture technology utilizes optical character recognition (OCR) to automate data extraction from uploaded documents, such as contracts, load tickets, and settlements. This digitized information is then used to provide real-time updates on sold positions, deliveries, and cashflow, enabling users to make more informed marketing decisions. For advisors, Combyne Copilot offers a centralized web portal to manage client crop data, including futures and options trades, providing a comprehensive view of risk exposure and hedging strategies. The platform facilitates seamless data synchronization between farmers and their advisors, ensuring alignment and efficiency in marketing workflows.
Target Audience
The primary target audience includes individual farmers seeking to manage their grain marketing and advisors who provide crop marketing guidance to farmers.
Features
- Combyne Capture: OCR-powered document processing for automated extraction of key contract details (buyer, commodity, quantity, price, delivery window) from uploaded images or PDFs.
- Real-time Sold Position Tracking: Dynamic updates to available grain inventory based on contract sales and deliveries.
- Delivery and Cashflow Visualization: Monthly view of upcoming deliveries and projected cashflow derived from contract data.
- Load Ticket Integration: Ability to upload load tickets to track delivery progress and dockage against specific contracts.
- Settlement Tracking: Functionality to upload settlement documents and analyze final profits, settled prices, and discounts.
- Stored Crop Management: Tools to track the quantity and quality of on-farm and off-farm stored grain, linked to storage locations and delivery movements.
- Advisor Portfolio Management (Copilot): Centralized web portal for advisors to manage client crop data, including futures and options trades, and physical sales.
- Hedge Strategy Mapping: Capability to map paper trades to physical bushels and group related trades to track complex hedging strategies.
- Combyne Connect: Integration capabilities with other ag tech tools for seamless data flow.