EGRAIN

eGrain was the first USDA approved provider of electronic warehouse receipts (EWRs) for grain and rice in the United States. In addition, eGrain has worked with several state agencies throughout the country and currently offers electronic price later and credit sales contracts in many states. In the United States, EWRs are authorized by federal law and represent title documents which make them legally equivalent in every way to paper warehouse receipts. Many businesses involved in the grain industry are utilizing our electronic documents and realizing many benefits, including improved efficiency and reduced costs. These electronic documents can move through the system as fast as trading activities and money transfers, making them ideal for securing grain positions in today's environment. The eGrain sm System is innovative in its design and was granted a U.S. Patent for its method and system for managing commodity transactions... eGrain is a provider of electronic warehouse receipts..

Also known as: eGrain, Inc., electronic warehouse receipt system

Primary location: Springfield United States