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Website Connects Feed Buyers & Sellers
USAgNet - 05/09/2012
Feed manufacturers and livestock producers have a new tool to save time and reduce costs when buying bulk feed ingredients. A newly launched website, www.feedpail.com, is designed to connect buyers and sellers of bulk feed ingredients quickly and easily.
Dairy, beef, swine and poultry producers, as well as other bulk feed buyers, now have direct access to the feed ingredients they need through Feedpail.com. The free service allows users to see prices and availability of more than 50 bulk feed ingredients such as fats and oils, animal proteins, grain byproducts,
minerals and more.
Each week more than $200 million of bulk feed ingredients are bought and sold outside of the futures and option exchanges. The buying and selling process often requires multiple phone calls, emails and negotiations to complete a transaction. This time-intensive trading is solved through technology with the free
Feedpail online service.
Feedpail was developed by Ryan Cooney, who wanted to create a quicker, easier and more enjoyable way to buy and sell feed ingredients. He says people involved in feeding livestock are considering a larger number of ingredient options today than ever before. But more and more these same people are limited
by their available time and network of sellers they know.
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