Abstract: The present invention encompasses a system and method for tracing a particular load or series of a bulk agricultural commodity throughout the marketing process. The system includes a plurality of tracing caplets (80), each tracing caplet (80) including encoded information, a scanning device (90) capable of reading the encoded information, and a data retrieval and management system (110) operable to receive and store data, including the encoded information from a tracing caplet (80), concerning the agricultural commodity. One method for tracing agricultural commodities comprises reading information (210) encoded on a caplet contained in an agricultural commodity, and communicating (220) the information and additional data about the agricultural commodity to a data retrieval and management system (110).