The Farmers Mart Apr-May 2019 - Issue 62 | Page 8

8 FARM NEWS APR/MAY 2019 • farmers-mart.co.uk Who is Hectare, SellMyLivestock, Graindex, FarmPay and Tudder? Hectare Agritech: Hectare is based in Rowlands Castle in West Sussex. It is the parent company of SellMyLive- stock (SML) and Graindex, the UK’s largest and fastest growing online agritech trading platforms, as well as secure payments plat- form FarmPay, and swipe-based cattle trading app Tudder. Hectare’s mission is to make farmers’ lives easier by reinventing farm trading with its digital mar- ketplaces. They enable the online trade of farm livestock and combi- nable crops between farmers and their downstream supply chains, boosting transparency, efficiency, security, welfare and insight within the farming industry. Hectare has over 47,000 UK farmers registered to its platforms, which equates to approximately a third of UK farms, with roughly 1,000 farmers signing up to its plat- forms on a monthly basis. While Hectare’s focus is on UK outputs, it does also see livestock traded from as far afield as Sweden, Den- mark and France, as well as closer to home with Ireland. It has listed over £65m of livestock, grain and feed and bedding for sale in the last twelve months, at a growth rate of 113% year-on-year. Jamie - Founder SellMyLivestock (SML): SML is a digital marketplace which enables the online trade of farm livestock between farmers and their downstream supply chains. In the past six months, The SellMyLivestock team have also integrated the sale of finished stock via its Primestock plat- form, which enables the sale of a farmers primestock to proces- sors across the UK, as well as the sale of genetics, which enables farmers and genetics companies to buy and sell bull semen and dairy cow embryos via an online marketplace. Farmers can trade at any time of the day, indeed 8-9pm is the bus- iest trading hour on SML. Farmers always have the final decision on the price offered to them. And with upto 75,000 head of livestock for sale on any given day. That’s the equivalent to being in upto fifteen live auction markets at once. Graindex: Graindex works in a similar fash- ion to SML, and allows farmers to sell their grain to merchants online in a more efficient way, that saves these farmers time and money. Farmers upload the specification of their grain and merchants then bid for it during two, two hour trading periods each working day. Once the bids have been finalised, farmers are then able to review them before confirming who they wish to sell to. FarmPay: FarmPay is a secure payments platform that helps deal with the issue of insecure payments within farming. FarmPay is a secure and simple way to pay digitally, letting the farming industry reap the benefits of online trade. FarmPay holds money securely until deals are completed successfully – protecting everyone involved, bringing the trust of a handshake for the digital age. Tudder: On Valentine’s Day this year, SellMyLivestock launched Tudder - which utilises swipe-based tech- nology made famous by dating apps such as Tinder. Users of Tud- der swipe right on cattle they like the look of. They are then directed to a page on the SellMyLivestock website where they can browse more pictures and data about the animals before deciding whether to buy. Valuable information is then presented on matters such as milk yield and protein content, or calving potential. Since its launch on Valentine’s Day, Tudder has been downloaded 18,000 times across 28 countries, trended as the #1 new app on Goog- le Play and as the #29 business app on the Apple Store – alongside the likes of Facebook Ads, Google Ana- lytics and Xero - which is incredibly impressive, considering the app is just for farmers. Why Hectare exists: 46% of British farmers told us in a recent survey that they do not make a profit. The World Bank says that we will need to produce 50% more food by 2050 if the global population continues to rise at its current pace. UK Farming needs to become more profitable to be able to make the investments required in technology to drive productivity to hit this goal. While there has been a lot of discussion about the impact of technology on farming production processes, for example drones and sensors, little change has been en- acted in the business side of things. Farmers could save considerable time and money as well as max- imising their revenues by utilising technology more in the marketing and selling of their outputs. Hectare’s technology can truly help farmers to open up themselves to a wider audience, allowing them to conduct business whenever and wherever they want. The industry has seen considerable productivity growth by the introduction of farm machinery, fertilisers and other agrochemical, and Hectare believes it’s time to see this reflected in how we buy and sell. Hectare enables and unlocks the online trade of farm livestock and combinable crops between farmers and their downstream supply chains. Because the current agri-food supply chain is complex, opaque and inefficient. Farmers are restricted in terms of how and when business can take place, and this needs to change in the face of mounting pressure. Hectare prides itself in driving: • Transparency – By opening up the market for farmers and buyers, giving the widest choice of products, informa- tion and buyer/sellers to all. • Efficiency - Improving the entire supply chain process, eliminating wasted costs, time and produce. • Security - Ensuring an ele- ment of trust into the process, making sure everyone gets the right price for what they sell. • Welfare - Improving animal welfare, stopping unneces- sary animal movements and reducing disease spread. • Insight - Adding an additional element of knowledge by providing independent in- sights to drive better business decisions. SellMyLivestock and Graindex are both free and easy to use - get started buying and selling today by visiting www.sellmylivestock.co.uk or www.graindex.com.