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DTN/THE PROGRESSIVE FARMER TO LAUNCH NEW PRODUCTION, MARKETING, RISK MANAGEMENT TOOL
Source: DTN/The Progressive Farmer news release

Crop production is enough of a challenge by itself each year. But having different software or spreadsheets to monitor input expenses, crop inventories and farm financials, all while keeping an eye on the grain markets is an entirely different kind of battle.

DTN/The Progressive Farmer has launched Ag Essential, a cutting-edge farm enterprise management solution that allows growers to actively monitor grain market values and efficiently manage their production, marketing and risk management, avoiding the spreadsheet nightmare.

"Ag Essential is a one-of-a-kind online management toolbox that helps growers save time by easily managing their farm business in one place," said DTN/The Progressive Farmer Senior Vice President for Agriculture Matt Bradford. "Ag Essential's digital dashboard continuously updates production, marketing and inventory information in a financial-friendly view, which enables growers to respond quickly to changing market conditions and make more informed, efficient business decisions."

With Ag Essential, growers can save money with real-time inventory and market valuations across planted fields along with on-farm and agribusiness storage. Users get a clear financial picture with immediate updates to their management metrics at a high level or even for specific assets at the field, storage or contract level.

Growers are able to easily update, manage and organize their production and marketing information all from within Ag Essential. This allows for the quick creation of thorough, yet uncomplicated, financial reports for those important agribusiness partner meetings.

For example, the program tracks field input expenses and income that adjust as the grain is stored or sold, and it can automatically determine net profitability for bin and sales positions.

Ag Essential uses real-time inventory tracking and market valuation tools to accurately find the break-even point between expenses and income. Growers are able to easily view their entire growing crop portfolio and track their sales positions against estimated and actual production.

Additionally, grain market values are updated automatically with trusted market data from DTN/The Progressive Farmer. The market values are customized to the grower's true, local market. This helps growers effectively monitor the true values of their contracted, committed and unsold grain inventories.

Growers have the flexibility to organize their financial information in Ag Essential based on how they run their business. Ag Essential offers the capability to produce government compliance, crop insurance compliance and financial reports and issues growers alerts on profitability levels and the timing for business decisions.

Ag Essential is the latest example of DTN/The Progressive Farmer's commitment to delivering proprietary, game-changing products and content that give DTN customers - crop producers - a competitive edge in today's changing agriculture marketplace.

For more information on DTN Ag Essential, visit www.DTN.com/go/agessential or call 800-635-4944.


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