Nov 03, 2020

Barge Digital Transformation Platform Goes Live

New platform is expected to digitize 70,000 to 100,000 negotiable barge bills of lading each year

National Grain and Feed Digital Solutions (NGFDS) officially launched its Barge Digital Transformation (BDT) platform on November 2.

The platform was live for corn bills of lading starting November 1. Remaining commodities, including soybeans, wheat, soybean meal and distillers dried grains, will be available on the digital platform before the end of the year.

The National Grain and Feed Association (NGFA) announced its official partnership in July with the affiliated organization NGFDS to oversee the BDT platform.

NGFDS has partnered with essDOCS to implement this platform that will digitize barge trading documents so that they may be transmitted electronically –- a huge cost savings to the industry. In particular, the new platform is expected to digitize the approximated 70,000 to 100,000 negotiable barge bills of lading that NGFA members process each year.

“This is truly a momentous development projected to save those of us using barge transportation significant costs now being incurred while greatly improving efficiency,” says NGFDS Chairman Brittany Schaefer, logistics manager at Bunge North America. “My hope is that launching this innovative, secure platform for transmitting barge-related paperwork is just one step toward a future of efficient data transmission throughout the agricultural supply chain.”

Sign up here to be able to use the BDT system.

NGFDS hosted three training sessions for using the BDT platform on Oct. 21-23. View recordings of the sessions here.

Sponsored Items

Recently Added to Buyer's Guide

AgraStrip Pro GMO Rapid Test Kits

  • Independent, simultaneous testing of up to four samples
  • Limits of detection as low as 0.1%

Granulex 5

  • Up to 30% reduction in energy consumption per ton
  • Connects to Bühler Insights to enable 24/7/365 data-based decision making

Automated Extrusion Control Systems

  • Designed for increased efficiency, higher production rates, reduced waste
  • Consistent results and quality across production lines, shifts and plants

Catwalks & Towers

  • Includes handrail trusses, outrigger trusses, and walk-thru truss style catwalks with standard spans over 200 feet
  • Welded sections and panels allow for easy field assembly while maximizing freight

Market+ Merchandise

  • Bid Management to upload or enter bids, easily adjust basis and other details, and publish to originators and farmers
  • Competitive insights to see how bids compare to other nearby bids

Hydro-Mix XT-FS Sensor

  • Designed to measure moisture in flowing material where there is a food safety requirement
  • Installed in ducting, conveying and mixing systems in process control environments

Magazine

Marketwatch: Dec, 06

US Corn Price Idx: ZCPAUS.CM

open: 6.5328
high: 6.55
low: 6.4408
close: 6.4673

US Soybean Price Idx: ZSPAUS.CM

open: 14.2059
high: 14.2809
low: 14.1255
close: 14.1516

US Hard Red Winter Wheat Price Idx: KEPAUS.CM

open: 8.3708
high: 8.3933
low: 8.0459
close: 8.0561

US Soft Red Winter Wheat Price Idx: ZWPAUS.CM

open: 6.9245
high: 6.947
low: 6.6307
close: 6.6779