SPAG021 · NEBRASKA · CORN SIMNebraska produced roughly 2.03 billion bushels of corn in 2025, worth about $8.31 billion. At the proposed disruptive launch take of 15 bps, full statewide penetration represents roughly $12.5 million of annual SPAG021 platform revenue. A post-Year-1 move to 25 bps would lift that to roughly $20.8 million. The fee math is made explicit below; the take remains adjustable in the model.
The 15 bps corn take is the proposed disruptive launch rate. A 25 bps post-Year-1 rate is shown as pricing upside; both remain below published grain marketplace and cash-sale service economics. Change the slider below and the revenue math updates.
| Versus a paid marketing service | Existing low explicit service | SPAG021 launch | Higher rate after proof |
|---|---|---|---|
| Transaction cost per $100K GMV | $488 | $150 | $250 |
| Discount to low explicit service fee | Baseline | 69% cheaper | 49% cheaper |
| Annual SPAG021 revenue · Nebraska | — | $12.5M | $20.8M |
| Participants retain of modeled value | — | 88.0% | 81.4% |
| SPAG021 share of modeled value | — | 12.0% | 18.6% |
USDA's actual 2024–25 U.S. farm-marketing percentages are used as the seasonal profile below and applied to Nebraska's 2025 production for scale. The price tiles are actual Nebraska 2025 prices received.
Persistent markets matter most when physical supply, storage decisions and buyer demand are highly seasonal rather than evenly distributed.
Marketing percentages are USDA U.S. sample-survey percentages for the September–August 2024–25 corn marketing year. Implied Nebraska bushels are a scale proxy, not observed Nebraska monthly marketings.
Nebraska producer prices received ranged from about $4.67/bu in May to $3.97/bu in August before recovering toward year-end. SPAG021 is not a price guarantee; the opportunity is better executable local competition around the physical basis and timing decision.
These are modeled efficiency assumptions, not forecasts. The defaults are intentionally small: three cents per bushel of producer basis improvement and 1.5 cents per bushel of buyer procurement efficiency.
Three cents is less than 1% of the 2025 $4.10/bu MYA price — but across 2.03 billion bushels it becomes material.
This is a modeled 100,000-bushel Central Nebraska example. It does not claim SPAG021 can eliminate basis. It shows how a persistent market can make more executable local demand visible around the same physical crop.
100,000 bu · same quality · same delivery window · more qualified demand.
The producer may know futures, but the physical transaction still depends on which local buyer is actually executable for this lot, place and delivery window.
Corn already has futures, elevators, processors, ethanol plants, feedlots, storage and logistics. SPAG021 connects verified supply and demand into a persistent physical market without pretending those systems disappear.
Better chance to discover a competitive local basis without surrendering delivery reality.
Qualified buyer mandates can stay active instead of restarting sourcing manually.
Capital finances qualified physical settlement rather than speculating on corn direction.
Failed clears and repeated participation become data instead of disappearing.
The product is the executable physical market; the auction is the mechanism.