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Interactive specialty commodities information and exchange system and method

  • US 7,080,034 B1
  • Filed: 05/04/2000
  • Issued: 07/18/2006
  • Est. Priority Date: 05/04/2000
  • Status: Expired due to Term
First Claim
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1. An interactive information and product exchange system for specialty agricultural commodity products that must have their identity preserved from producer to completed delivery, said system comprising:

  • (a) a database of specialty agricultural commodity information and products available from member producers of said products, said database being accessible for interactive use by system users;

    (b) an automated exchange director providing real time matching of specific specialty products in the database utilizing all bids submitted by system users, executing trades of accepted matches for at least one identified unit of a specific products, and real time reporting and updating of matched bids and trades to said database; and

    (c) a delivery module in communication with said exchange director, said delivery module including executable instructions for tracking the identified unit with said specific product between the trade and completed delivery, wherein said specific product is not mixed with other product varieties between said trade and said delivery.

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