Illinois Soybean Association Launches IL Soy Bids Smartphone Web App

Staff Writer
Aledo Times Record

More than 100 Illinois soybean farmers and industry partners downloaded the IL Soy Bids smartphone Web app during its official launch at the 2011 Farm Progress Show. Fully funded by the Illinois Soybean Checkoff, IL Soy Bids provides local elevator and futures prices quickly and easily from any Web-enabled phone.

“Farmers were happy to be able to get dependable commodity market price information from the IL Soy Bids app,” says farmer and Illinois Soybean Association (ISA) Production Committee Chair Dan Farney. “By simply entering a ZIP code, IL Soy Bids helps farmers maximize profits by displaying current cash prices at their nearest elevators. They can now compare the basis among local elevators to get a few extra cents per bushel.”

IL Soy Bids provides current cash bids at up to five elevators closest to the farmer’s ZIP code, futures prices and a listing of additional apps soybean farmers may find useful in managing their operations. Some farmers get this information through several text messages, but this app puts all of the prices in one place, Farney adds.

During the Farm Progress Show many farmers commented that they had been looking for a commodity price app and were thankful that ISA has provided it.

Farney believes the 100 downloads at the Farm Progress Show are only the tip of the iceberg. “As harvest nears, IL Soy Bids will be especially useful in helping farmers make selling and transportation decisions that improve their efficiency and profit,” he says.

IL Soy Bids is free for Web-enabled mobile phones, including iPhones, Blackberrys and Androids. Simply visit ILSoyBids.mobi and bookmark the site to the phone’s home screen.

ISA is the statewide organization for Illinois soybean growers. The farmers on its board administer soybean checkoff funds to support research, promotions and educational programs designed to increase demand for Illinois soybeans, and administer legislation and membership programs. For more information visit www.ilsoy.org.