Patents Assigned to E-Markets, Inc.
  • Method for electronically initiating and managing agricultural production contracts
    Patent number: 7904373
    Abstract: A method of facilitating the contracting of agricultural products using the Internet is used for providing buyers and sellers with real time information relating to the type and amount of agricultural products available for contract. The invention includes a relational database for the storage and retrieval of information. One or more end use buyers can store information in the database relating to a desired type and quantity of agricultural products. Agricultural producers, such as farmers, can view listings of agricultural products desired and the system can facilitate the contracting between the buyers and producers for the agricultural products. The system can display in real time the quantity and types of agricultural products under contract and available for contract. The system can manage delivery preferences, quality data and determine contract pricing based on these criteria.
    Type: Grant
    Filed: October 20, 2003
    Date of Patent: March 8, 2011
    Assignee: E-Markets, Inc.
    Inventors: Kevin L. Kimle, David R. Krog, John E. Stucki, Alan G. Schmitz, Reynold R. Harder
  • Method and apparatus for pricing a commodity
    Patent number: 7827083
    Abstract: A method of pricing a commodity involving selecting a predetermined market factor, determining at a first time period a first market condition, and providing a formula capable of comparing a predetermined market factor to a market condition to determine the existence of a favorable pricing condition. The method prices a first portion of the commodity when the application of the formula to the predetermined market factor and the first market condition indicates the existence of a first favorable pricing condition. The method prices a second portion of the commodity when the application of the formula to the predetermined market factor and a second market condition indicates the existence of a second favorable pricing condition.
    Type: Grant
    Filed: February 6, 2007
    Date of Patent: November 2, 2010
    Assignee: E-Markets, Inc.
    Inventor: Frank Beurskens
  • Method and apparatus for pricing a commodity
    Patent number: 7200572
    Abstract: A method of pricing a commodity involving selecting a predetermined market factor, determining at a first time period a first market condition, and providing a formula capable of comparing a predetermined market factor to a market condition to determine the existence of a favorable pricing condition. The method prices a first portion of the commodity when the application of the formula to the predetermined market factor and the first market condition indicates the existence of a first favorable pricing condition. The method prices a second portion of the commodity when the application of the formula to the predetermined market factor and a second market condition indicates the existence of a second favorable pricing condition.
    Type: Grant
    Filed: February 2, 2001
    Date of Patent: April 3, 2007
    Assignee: E-Markets, Inc.
    Inventor: Frank Beurskens