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Cargill introduces online contract signature capability

Rick Funk of Clearwater, Neb., used a new online account technology offered by Cargill AgHorizons to sell a portion of his 2008 corn harvest to Cargill's Albion, Neb., elevator.

The transaction marks the first producer grain contract electronically signed in the United States using an electronic system recognized for usage for all types of grain contracting, including producer credit-sale contracts.

Available to customers via www.CargillAg.com, an electronic signature capability augments the site's secure, online account look-up feature and represents a new level of speed and efficiency for producers trying to market their grain.

"We're proud to be the first to bring this convenient and easy-to-use capability to our customers," says Dan Dye, president of Cargill AgHorizons. "With this technology, producers have a paperless alternative in determining how they'd like to administer the marketing of their grain."

Cargill AgHorizons has commenced a series of e-signature pilots in Nebraska, Iowa and Illinois in cooperation with state and federal industry regulators. Upon successful completion of these pilots, the company will implement the program nationally, making Cargill AgHorizons the first in its industry to make e-signatures available for all types of grain contracting customers.

"With e-signatures, farmers can electronically sign and retain all paperwork right from our website. They can do that on their schedule, anytime day or night," says Jeff Klock, database marketing product manager for Cargill AgHorizons.

CargillAg.com online account access is available now and can be accessed by registering with a local Cargill AgHorizons office. For more information, visit www.cargillag.com.

6/30/08
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Date: 6/24/08


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