As Wisconsin farmers devise for this year’s corn stand harvest, producers can now use a phone app to guess what cost they would accept for animal feed.
Two University of Wisconsin-Extension agents Greg Blonde and Ryan Sterry have grown a Corn Silage Pricing App, that uses information from inhabitant and internal reports to guess prices, Wisconsin Public Radio reported .
Farmers can possibly sell corn as a pellet on a commodity marketplace or spin a plant into silage for cattle feed.
Blonde pronounced pellet prices are typically set by a market, though farmers contingency calculate their possess silage price. That routine typically involves spreadsheets and formulas, that can be formidable to do divided from a computer.
“There’s no determined marketplace to be means to go to and say, ‘I consternation what corn silage is trade for currently on a futures exchange’ like we can with corn and soybeans,” Blonde said. “You’re left with some mathematical gymnastics.”
Sterry pronounced a app gives farmers a portability indispensable to plead prices anywhere.
“We’re not perplexing to set a marketplace for corn silage, we’re perplexing to give a operation and we’re going to let a farmers take that as a starting point,” Sterry said.
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