Feedpail was developed by Ryan Cooney, who wanted to create a quicker, easier and more enjoyable way to buy and sell feed ingredients. He says people involved in feeding livestock are considering a larger number of ingredient options today than ever before. But more and more these same people are limited by their available time and network of sellers they know.

Feedpail streamlines the price discovery and purchasing process of buying and selling feed ingredients. Anyone who buys or sells bulk feed ingredients, or is involved in the feed industry, can use the site to stay current on bulk feed ingredient costs and make purchasing decisions.

Feedpail is easy to use. Once an account is set up, sellers post available tons and buyers have the option to buy outright or bid on the tons. Users can search by feed ingredient and geography to find prices and availability. Once a quantity and price are agreed to, the contact information of the buyer and seller is shared so they can complete the transaction. All sales are kept confidential and are subject to each party’s terms, conditions and policies.

Price discovery is an added benefit of the new feed ingredient exchange. Feedpail makes it easy to spot check prices and users can use the service to monitor price changes, which will allow them to make more accurate buying and selling decisions.