Using a combination of machine learning and AI, input from analytical teams, current and historical market data, regional aggregate data, and insights its network, GrainFox launched the Smart Advisor platform this week.
“As the only technology of its kind in North America, GrainFox’s ability to deliver personalized farm wealth solutions around the clock to producers through Smart AdvisorTM is going to be a game-changer for the agricultural industry,” says Mark Lepp, founder & CEO of GrainFox.
The Smart Advisor provides sales recommendations based on how the sale of each crop in a farmer’s portfolio interacts with one another, according to GrainFox. The platform combines analytics from historical and current market data, along with producers’ cash flow goals, storage constraints, and risk tolerance and then offers sales recommendations personalized to each farm.
“In these times of heightened volatility and uncertainty in the markets, personalization has never been more important to a producer’s sales strategy,” said Lepp.
GrainFox also offers other farm wealth tools, including an ROI Calculator, Cash Flow Planner, a sales and inventory tracker, and a Resource Hub containing market analysis and geopolitical commentary.