A new website, www.feedpail.com, is designed to connect buyers and sellers of bulk feed ingredients quickly and easily, simplifying a process that creator Ryan Cooney said normally involves multiple phone calls, emails and negotiations to complete.
The free service allows users to see the prices and availability of more than 50 bulk feed ingredients such as fats and oils, animal proteins, grain byproducts and minerals. Anyone who buys or sells bulk feed ingredients, or is involved in the feed industry, can use the site to stay current on bulk feed ingredient costs and make purchasing decisions. “Feedpail helps meet customers’ demands, but it can also open up new customers and markets for buyers and sellers, expanding the network for both groups,” said Cooney.
Once an account is set up, sellers post available tons and buyers have the option to buy outright or bid on the tons. Users can search by feed ingredient and geography to find prices and availability. Once a quantity and price are agreed to, the contact information of the buyer and seller is shared so they can complete the transaction. All sales are kept confidential and are subject to each party’s terms, conditions and policies. Feedpail has also developed an email newsletter to distribute regular updates on bulk feed ingredient prices.