Episode 108 with Layne Fortenberry

We talk about his framing startup, how they bring technology to the farming industry & let farmers sell their crops all over the world. Last year the United Nations reported the current world population of 7.2 billion is projected to increase by 1 billion by 2025 and reach 9.6 billion by 2050. Hunger is already a global crisis, so how will we feed billions more people in the years to come? The technological advancements in most areas of agriculture over the past decade are astounding with the exception of how farmers market their crops. For many operations the process hasn’t changed in the last 50 years. In order to maximize efficiency when buying and selling grain, we must continue to move forward with technology. Grainster.com is the first trading platform of it’s kind in the industry. To put it simply, Grainster is an online marketplace to connect buyers and sellers of grain. By allowing buyers and sellers to contract directly they are essentially cutting out the middleman and subsequently providing both parties flexibility and cost savings. Grain producing countries around the globe will have access to international listings, which equates to lower marketing costs and easy expansion into new markets. This is especially beneficial for developing countries that may lack infrastructure for importing and exporting. http://grainster.market

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