FAQs

Ag Trading Systems is an online, web based, brokerage platform connecting buyers and sellers of physical agricultural commodities throughout the United States.

ATS gives buyers access to a greater number of offers and suppliers. A buyer can see what is offered in the market daily, and place bids on products at price levels the buyer is targeting. The group feature gives a buyer the ability to send requests for offers to their regular suppliers when they are formulating rations and needing prices quickly. This can be done instantly, allowing a buyer to get information on prices fast.

ATS gives sellers the ability to offer products to a wider array of buyers than to whom the seller usually has access. Farmers, producers, resellers, plants, etcetera. can market their products to many more customers, increasing their potential to get the most value for their product. The group feature also allows sellers to send offers to selected customers they trade with regularly and keep those values in front of potential buyers.

ATS defines an agent as an individual or a company that purchases or sales for more than one entity. This may be an individual who owns multiple facilities, or a hired consultant that assists a company in buying or selling their products. When this option is selected, ATS will require a form to be filled out from each entity stating that the agent is approved to purchase or sale for the said legal entity. This system feature allows the agent to purchase or sell product for each customer, or different legal entity separately. Given that agents purchase or sell for several companies, this added benefit allows the agent to separate the contracts as needed for each customer.

ATS is an online broker of feed commodities. Sellers pay for all broker fees on trades at the rates agreed upon set in the “terms and conditions.” There is no fee for access or use of the website.

All sales will be invoiced at the time of trade to seller. There is a credit card option to pay for invoice with a 3.5% fee.

ATS has no responsibility in the collection of accounts receivable on any trade. Buyer and seller will agree upon credit terms after trade is complete. The “Contract” is sent to both parties following confirmation of the trade, and is legally binding per the trade rules of the specific trading association.

Once a buyer or seller creates a group, they can send a request offers or request bids on a product in accordance with their specifications. This allows the buyer or seller quicker and more convenient access to prices. Only the suppliers/customers that are members of the selected groups will see requests.

When an offer or bid is entered, at the bottom of the listing page there is an option labeled “company restrict” to restrict any buyer or seller. This option gives the ability to restrict trading with someone who may not have credit or is an entity with which the user may not wish to engage in trading. . When the “company restrict” is selected, that party will not be allowed to view the listing on any device. This system feature must be selected on each trade at the time of listing.

All Offers/Bids remain active until they are either CANCELLED or DECLINED or ACCEPTED

Anyone who is an approved user to ATS can see public listings. The website requires all customers to sign up with their company name and account information. Public listings can be seen by anyone that has an approved account. A private listing shows up only to the group that the user is a member of. These private listings would not be listed on public site and are only seen by parties in the specific group.

No. Trade history is confidential. Each account can view their history of sales or purchases at any time, but no other parties can view these trades.