"When you know the supply of corn you can set better prices, hedge investment risk and stay ahead of the competition,” says Robert Barton, Managing Director of Agriculture and Biofuels at Genscape.
Louisville, KY (PRWEB) June 11, 2013
The acquisition of LandViewer by Genscape demonstrates the company’s commitment to the innovative use of technology for ongoing expansion in the Agriculture and Biofuels industry. Reaffirming their position as the leader in real-time monitoring and investment grade analysis, Genscape now offers grain market stakeholders a comprehensive look at the factors driving localized grain markets through the LandViewer platform.
Applying geospatial technologies, LandViewer's maps and reports help corn traders and buyers assess land use and crop progress on a sub-regional level to know where to source grain and how to set the best prices. The platform provides daily updates of corn vegetation progress using NASA Satellite data and 26 crop variables, including corn-relevant weather variables, crop stress variables and yield and harvested acreage forecasts available in advance of market reports.
“The LandViewer platform opens a lot of doors for Genscape customers to make informed grain management decisions ahead of market movements. When you know the supply of corn you can set better prices, hedge investment risk and stay ahead of the competition,” says Robert Barton, Managing Director of Agriculture and Biofuels at Genscape.
Also designed for traders, LandViewer uses a combination of historical data, national yield regressions and fundamental crop data to deliver highly accurate projections of crop yields on a national level to inform trading and investment strategies.
The LandViewer technology was developed at the University of Illinois at Chicago Energy Resources Center, and it includes national level crop variable maps are available at no cost at landviewer.genscape.com. To learn more or request access to county or local area maps, visit: http://info.genscape.com/landviewer-press.
To complement the LandViewer acquisition and to provide additional value to ethanol customers Genscape has also launched a unique QAP specifically for the ethanol industry. The new program offers a way for ethanol plants to create QAP-B RINs desired by Obligated Parties with a minimal impact on plant operations. Using their proven technology, the company can offer a cost-effective method to directly manage RIN generation compliance while eliminating the hassle of onsite auditing. Genscape is currently offering one-on-one consultations for its QAP: http://info.genscape.com/rin-network-press
Genscape will be exhibiting and speaking at this week’s Fuel Ethanol Workshop & Expo in St. Louis, MO. Genscape representatives will be available to discuss LandViewer and the QAP program for ethanol plants at Booth #114.
Genscape is the leading global provider of energy information for commodity and financial markets. Utilizing patented technologies and proprietary algorithms, Genscape provides accurate & timely data on capacities, flow and utilization for all major energy commodities. With thousands of sophisticated energy monitors strategically deployed all over the world, Genscape is unique in its ability to measure and collect energy market fundamentals. These “measured actuals” are then transmitted to clients in real-time or near real-time. Genscape clients often gain first-mover advantage and increased market transparency to better optimize their positions. For more information, please visit: http://www.genscape.com
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