SPAG021 · NEBRASKA · SOYBEAN SIMNebraska produced roughly 313.7 million bushels of soybeans in 2025, worth about $3.12 billion. At the proposed disruptive launch take of 15 bps, full statewide penetration represents roughly $4.7 million of annual SPAG021 platform revenue. A post-Year-1 move to 25 bps would lift that to roughly $7.8 million. The fee math is made explicit below; the take remains adjustable in the model.
The 15 bps soybean take is the proposed disruptive launch rate. A 25 bps post-Year-1 rate is shown as pricing upside; both remain below current digital grain marketplace 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 | $302 | $150 | $250 |
| Discount to low explicit service fee | Baseline | 50% cheaper | 17% cheaper |
| Annual SPAG021 revenue · Nebraska | — | $4.7M | $7.8M |
| Participants retain of modeled value | — | 83.4% | 75.1% |
| SPAG021 share of modeled value | — | 16.6% | 24.9% |
USDA's actual 2024–25 Nebraska soybean farm-marketing percentages drive the seasonal profile below. The price tiles are actual Nebraska 2024–25 monthly prices received.
Nearly half the state's soybean marketing-year volume moved in just two months. A persistent market can keep processor, elevator and export-linked demand executable through those seasonal surges.
Marketing percentages are USDA NASS Nebraska sample-survey percentages for the September–August 2024–25 soybean marketing year. Implied bushels apply those observed percentages to Nebraska's 2025 production for scale.
Nebraska soybean prices received moved from about $10.20/bu in September to $9.55 in November, recovered to about $10.10 in May, and were $9.66 in August. SPAG021 is not a price guarantee; the opportunity is better executable local competition around basis, crush/export demand and timing.
These are modeled efficiency assumptions, not forecasts. The defaults are intentionally small: five cents per bushel of producer basis improvement and 2.5 cents per bushel of buyer procurement efficiency.
The same default model creates roughly $23.5M of participant value. The commercial prize is the annual market; the pilot is simply the proof that the mechanism works.
This is a modeled 50,000-bushel Central Nebraska soybean example. It does not claim SPAG021 can eliminate basis. It shows how a persistent market can make more executable processor, elevator and export-linked demand visible around the same physical crop.
50,000 bu · same quality · same delivery window · more qualified demand.
The producer may know futures, but the physical transaction still depends on which elevator, processor or export-linked buyer is actually executable for this lot, place and delivery window.
Soybeans already have futures, elevators, crushers/processors, export channels, 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 across elevators, processors and export-linked demand without surrendering delivery reality.
Qualified buyer mandates can stay active instead of restarting sourcing manually.
Capital finances qualified physical settlement rather than speculating on soybean prices.
Failed clears and repeated participation become data instead of disappearing.
The product is the executable physical market; the auction is the mechanism.