Introducing CropConnect, the new online cash marketplace from GrainCorp.
Bringing growers and buyers together, CropConnect provides a convenient and easier way to manage, sell and buy warehoused grain. Provided through an intuitive, easy to use interface and mobile-enabled platform, CropConnect makes it easy to access domestic and export opportunities anytime, anywhere.
CropConnect is provided, as part of warehousing, at no additional cost!
Get set for a new level of control and convenience.
As a grower you now have the ability to set the cash price you want to sell your warehoused grain for, this is called an "offer". All offers are immediately placed on the market and can be accepted by your preferred buyers.
Buyers can still list cash prices and the tonnes they want to purchase, these are referred to as "bids". Growers can view and compare bids based on price and payment terms and easily sell their grain in a few simple steps.
CropConnect gives growers the ability to build a list of preferred buyers, whose payment terms work for them. Preferred buyers will be the only buyers who can accept an offer a grower creates. This enables growers to control the selling of their grain to the buyers they know and trust.
If there is an offer in the marketplace and a bid of equal or greater price for the same holding, then it will auto-match and transact at the bid price. Auto-matching will only occur between a grower and their preferred buyers.
The Auto-match Curfew is a period in which no auto-matching or accepting of offers can occur. This is to protect growers from overnight market movements. During this curfew, the marketplace can still be accessed, offers and bids can still be placed and growers can continue to accept bids.
You’re not on your own! CropConnect has a full list of FAQs and the Stocks Team is contactable if you require further assistance.