Silicon Prairie Ag TechSPAG021 · NEBRASKA · MARKET SIM
AGENT MARKET ONLINE
Act I · One auctionAct II · Twenty-one auctions
SPAG021 · Nebraska

The market layer for physical agriculture.

SPAG021 turns verified producer and buyer mandates into executable local markets—then keeps those markets alive through persistent auctions.
Supply is not the constraint. Market formation is. →
PROVEN · USDA2022 Census ↗
65.3% <100 head

Of Nebraska farms selling cattle in 2022, nearly two-thirds sold fewer than 100 head. Market access for smaller sellers is a mainstream Nebraska issue.

PROVEN · CME + UNLBasis ↗
Benchmark ≠ local cash

CME provides global price discovery. Nebraska cash economics still depend on local basis, buyer, location and delivery terms.

SIMULATED · 21 MODEL
+3 · +6 · +9 · +12M

Qualified producer and buyer mandates can form new local physical markets by commodity, location, specification and delivery window.

PROTOCOL RULE
Speed weight = 0%

Sealed commit, synchronized reveal and persistent allocation remove order-peeking and network-speed priority from the modeled allocation rule.

Nebraska Market Formation

Turn latent intent into a market.

When qualified producer and buyer mandates overlap, SPAG021 can form a physical market around commodity, location, specification and delivery window. The values below are simulated product-demo data.

FEEDER CATTLE · NEBRASKA +6M
$286.40 / cwtSIMULATED
▲ 1.8% vs current clearing
VERIFIED PRODUCER SUPPLY18,460 head
VERIFIED BUYER DEMAND16,900 head
CME BENCHMARK + SPAG021 MARKET FORMATIONNUMBERS SIMULATED
CME reference$282.90benchmark layer
Nebraska physical adjustment+$3.50location / delivery economics
Executable buyer demand16,900 hdverified agent intent
SPAG021 clearing$286.40local physical auction
SPAG021 does not replace CME. It creates the local physical market around the benchmark. For grain, UNL defines local cash price as futures price + basis; SPAG021 adds executable mandates, location, delivery, specification and counterparties.
Agent Market · Selected Horizon
PERSISTENT AUCTION PROTOCOL · NEBRASKA AGRICULTURE

One auction.
Every protection visible.

MARKET TIME 09:00 AUCTION #21,874 · 1 DEMO SEC = 1 MARKET MIN
MEV = MAXIMAL EXTRACTABLE VALUE In digital markets, it is the advantage someone tries to gain by seeing, inserting or reordering around other participants’ transactions.
PLAIN ENGLISH No producer can peek at another offer, jump ahead because they are faster, or change their offer after seeing yours.
THE SPAG021 HOURHARD CLOSE · SYNCHRONIZED REVEAL · UNIFORM CLEARING · ROLLOVER
FIXED EPOCH60-minute market clock
CLOSE RULENo extensions
UNFILLED QUANTITYRolls into the next hour
MARKET ACCESSAgent mandate stays active
09:0009:1509:3009:4510:00
DEMO SCALE: 1 second = 1 market minute. The first 45 minutes are sealed commitment; the final 15 minutes reveal, verify, score, clear, allocate and settle.
FULL SYSTEM MODEContinuous access · discrete hourly clearing · persistent memory
09:00 / 10:00 · HOUR 01
PRIOR HOUR08:00–09:00SETTLED
→
ACTIVE HOUR09:00–10:00COMMIT
→
NEXT HOUR10:00–11:00MANDATES QUEUED
WATCH THIS HOUR 09:45 hard close · no extension · synchronized reveal · speed weight = 0% · uniform clearing · persistence and qualified quantity roll into the next hour.
01PRODUCER MANDATE80 head · +6M · floor $278
→
02BUYER MANDATESDemand aggregates under bounded ceilings
→
03QUALIFIED OVERLAPCommodity · location · spec · delivery align
→
04NEW MARKET FORMEDNE Feeder Cattle · +6M · Central Delivery
→
05AUCTION ACTIVESealed persistent market opens
09:00–09:45COMMIT
09:45–09:50REVEAL
09:50–09:53VERIFY
09:53–09:56PERSISTENCE
09:56–09:59CLEAR + ALLOCATE
09:59–10:00SETTLE + ROLL
PARALLEL PROTOCOL LANES

MEV observer sees proofs—not prices

While one auction commits, another is being processed and the prior auction settles. No participant gets privileged information or queue priority.

01
AUCTION PIPELINECommit window open
ACTIVE
02
MEV / FRONT-RUN MONITORObserver sees sealed hashes only
BLOCKED
03
PERSISTENT MEMORYPrior fulfillment remains active
ACTIVE
04
PHYSICAL OBLIGATIONDelivery terms bonded
VERIFIED
ALLOCATION WEIGHT · LIVE
51% Economics · 22% Persistence · 27% Reliability

Economics qualify first; the live mix updates with the Persistence control. Speed = 0%.

1
2
3
4
×
BEAT 01 COMMIT SEALED
NOW COORDINATING

Sealed producer commitments

The market can prove participation without exposing actionable bid information.

SYSTEM SCOREBOARD

Live outcomes

LIVE
EPOCHS PROCESSED0
PRODUCER AGENTS12
PERSISTENT WINNERS—
CLEARING PRICE—
FRONT-RUN PROFIT$0.00
ORDERING ADVANTAGE0%
PERSISTENCE ACTIVE83
NEXT AUCTIONACTIVE
Each hourly auction resists extraction, remembers performance and carries earned access into the next market.
SMALL / MID PRODUCER ALLOCATION—
09:00

The 09:00–10:00 market opens. Commitments are sealed; the close will not be extended.

0%bid visibility before reveal
0%allocation weight from speed
0 / 3successful extraction attempts
—uniform clearing price
ECOSYSTEM EFFECT · AFTER SETTLEMENT

One new market creates more than a price.

MODELED EFFECTS

PRODUCERExecutable demand discoveredMore routes to qualified buyers improve selling options.
BUYERExecutable supply discoveredMore routes to qualified supply improve procurement continuity.
MARKETNew local price signalA formed market becomes observable physical price discovery.
LENDERBetter transaction evidenceVerified obligations can improve underwriting inputs.
ECOSYSTEMBetter operating decisionsStorage, feed, transport and production can react to deeper signals.
The value is not only better execution inside an existing market. It is creating an executable market where qualified supply and demand previously had no continuous venue.
Illustrative SPAG021 mechanism simulation. “Fairness” here means the modeled removal of order-peeking, reactive front-running and speed-based queue priority; production deployment requires independent market, security, legal and regulatory validation.
AUCTION PARAMETERS · SIMULATION
600 HEAD · +6M
Feeder cattle · Central Nebraska · verified physical delivery
Producer agents12
Buyer agents4
Bonded value$124K
Persistence weight22%
Maximum producer allocation22%
These controls update allocation economics immediately. They do not affect the fixed MEV protections: sealed commit, delayed reveal and zero speed priority.
Allocation · Explained
Producer agent
Offer
Persistence
Allocated
Market Access

Same participants. Different market architecture.

Illustrative comparison using the same 12 qualified sellers, the same buyer demand and the same offer range. Only the allocation model changes.

SAME 12 SELLERSSAME BUYER DEMANDSAME 600 HEADSAME OFFER RANGESIMULATED COMPARISON
Scale-weighted procurement model · simulation
Scale can concentrate the order.
6Producers winning
—Top-3 concentration
—Small / mid fill
SPAG021 Persistent Auction · simulation
Credibility keeps more qualified producers in the market.
9Producers winning
48%Top-3 concentration
47%Small / mid fill
Persistence compounds access · simulation

Size did not change. Market credibility did.

Family producer · 420 acres / 80 cattle

Hansen Family Farms

4%
Competitive economics · new verified participant
Growth producer · 1,450 acres / 220 cattle

Growth Producer

12%
Established fulfillment · moderate persistence
Large operator · 8,000 acres / 1,500 cattle

Large Operator

34%
Largest deliverable quantity · strong economics
The family operation never became larger. Competitive bids + 100% fulfillment + repeated qualified participation increased its modeled future allocation access.
1

Agent-native

Every verified operation can deploy a bounded market agent that searches, matches, forms and participates continuously inside human-set rules.

SEARCH · MATCH · FORM · PARTICIPATE
2

Persistent

Repeated qualified participation and verified fulfillment build durable access without allowing seniority to become an unbeatable incumbent advantage.

SHOW UP · DELIVER · BUILD
3

Market-forming

When compatible qualified mandates overlap, SPAG021 can instantiate a market around commodity, location, specification and delivery.

LATENT INTENT → EXECUTABLE MARKET
My Operation

Every verified operation can deploy a market agent.

A producer or buyer sets hard limits. The agent searches existing markets, matches compatible intent, can publish a qualified mandate when no suitable market exists, and participates only inside those rules.

Agent Mandate

Hansen Family Farms

Can offerUp to 48 head
Price floor$278 / cwt
Buyer radius≤150 miles
Agent behaviorSEARCH → MATCH → FORM → PARTICIPATE
If no market existsPublish qualified mandate
Auction accessVerified physical delivery only
Digital bondRequired before commit
Persistent credentialEarned · non-transferable
Market Infrastructure

Three primitives. Three jobs.

The infrastructure layer sits underneath market formation: commitment, settlement and persistent memory remain separate so the physical product does not become the speculative object.

B

Auction Bond

Agent posts digital collateral before committing supply or demand, creating an economic cost for frivolous bidding and failed obligations.

COMMITMENT
$

Settlement Asset

USD settles through the partner bank's custodial accounts after verified delivery, with prompt payment as the Packers & Stockyards Act requires.

SETTLEMENT
P

Persistence Credential

Non-transferable market history records verified participation, fulfillment, quality and reliability. It must be earned rather than purchased.

REPUTATION
Act II

Now run it twenty-one times.

Same producers, same buyers, same rules. Watch what persistence does to who wins, and to who gets financed.

Play auctions 1 → 21 →
Persistent auction cleared.