StoneX Financial Inc. launched a free smartphone app aimed at agriculture producers in areas of row crops, livestock and dairy. The app allows them to market what they produce, manage their risk and maximise margins.
The app is called Farm Advantage. It gives users access to market quotes, cash bids, account positions and balances, weather, market intelligence and trading tools. The app includes a profit calculator covering a number of commodities including corn, soybeans, wheat and cotton. Producers have access to market quotes, historical futures market charting and local cash bids with elevator contact information. StoneX clients have direct access to trade positions, profitability, margin values and statements for their trading account.
Farm Advantage is free to download and can be found in both the Apple App Store and Google Play Store.
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