Systems and Methods For Locating the Best Cash Market For a Commodity

摘要

Systems and methods create a display of commodity purchasers offering the highest net commodity price for a commodity, the net price taking into account the actual transportation and storage costs of the commodity seller for a transaction. In one implementation, the method includes receiving a type of commodity, a storage cost per bushel for the type of commodity, and a transportation cost per bushel for the type of commodity and identifying commodity purchasers for the type of commodity. The method further includes retrieving basis data for the type of commodity for each of the commodity purchasers, the basis data including at least a basis for multiple transaction periods. The method further includes determining distance data between the seller and each of the purchasers, calculating a commodity price for each of the transaction periods for each of the identified commodity purchasers based on the basis data, the distance data, the storage cost, and the transportation cost, and determining which of the purchasers offers the highest commodity price.