# US 12,602,721 B2 · Dynamic pricing for livestock sales > Agents: this data is available as JSON from the patentgrep API and MCP server — see https://patentgrep.com/llms.txt - Number: US 12,602,721 B2 - Document ID: US12602721B2 - Status: Granted - Kind: B2 - Application number: 18/364,351 - Filed: 2023-08-02 - Published: 2025-02-06 - Granted: 2026-04-14 - Earliest claimed: 2023-08-02 - Assignees: Montana Cattle Connexion, LLC - Applicants: Montana Cattle ConneXion, LLC - Inventors: Boe Scott Robbie; Scott Wesley Robbie - Web page: https://patentgrep.com/patent/US12602721B2 ## CPC - G06Q 30/0641: {utilising user interfaces specially adapted for shopping} - G06Q 30/0206: {Price or cost determination based on market factors} - G06Q: INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR ## Abstract A dynamic pricing system that uses user inputs, variables and API Data from a Mercantile Exchange system to formulate an up to the minute asking price on a commodity listing is described. In one example, the system includes a computing device that is configured to execute a website application. The website application is configured to receive a request to display a web page for a client device and transmit an application programming interface (API) request to an exchange computing device. An API response is received from the exchange computing device with a first market rate. A price for the listing is determined for a first time period and displayed on a web page. A second API request is automatically transmitted to the exchange computing device for the listing in response to an expiration of the first time period. ## Claims ### Claim 1 A system, comprising: at least one computing device that includes a processor and memory; and an application stored in the memory, wherein when executed by the processor, the application causes the at least one computing device to at least: receive a request to display a web page for a client device, the web page having a listing for purchasing livestock, the listing being associated with a livestock lot size and a ship date; transmit a first application programming interface (API) request to an exchange computing device based at least in part on the ship date; receive a first API response from the exchange computing device, the first API response comprising a first set of real-time market exchange data, wherein the first set of real-time market exchange data comprises a first market rate; determine, by executing a stored pricing formula, a price for the listing for a first time period based at least in part on the livestock lot size and the first market rate; display the web page to include the listing, the price for the listing during the first time period, and a purchasing component for purchasing the listing at the price displayed; automatically transmit a second API request to the exchange computing device for the listing in response to an expiration of the first time period; receive a second API response from the exchange computing device, the second API response comprising a second set of real-time market exchange data, wherein the second set of real-time market exchange data comprises a second market rate; determine, by executing the stored pricing formula, an updated price for the listing for a second time period based at least in part on the second market rate; and automatically update the web page to include the updated price for the listing, the purchasing component being associated with the updated price. ### Claim 2 (depends on 1) The system of claim 1, wherein the price for the listing is further determined based at least in part on a listing type for the listing, the listing type being used to determine a livestock calculation type and a plurality of listing parameters for the livestock calculation type. ### Claim 3 (depends on 1) The system of claim 1, wherein the price for the listing is further determined based at least in part on a livestock head count. ### Claim 4 (depends on 1) The system of claim 1, wherein the application, when executed by the processor, causes the at least one computing device to at least: configure the first API request to request a subsequent monthly contract price based at least in part on the ship date. ### Claim 5 (depends on 1) The system of claim 1, wherein the first time period and the second time period correspond to a periodic interval associated with the exchange computing device. ### Claim 6 (depends on 1) The system of claim 1, wherein the listing is associated with a listing type and the application, when executed by the processor, causes the at least one computing device to at least: determine a volume premium or discount for the listing based at least in part on the livestock lot size, the volume premium or discount are determined based at least in part on a quantity of trucks needed to transport the livestock lot size; and the price for the listing is further determined based at least in part on the volume premium or discount. ### Claim 7 (depends on 1) The system of claim 1, wherein the first market rate comprising at least one of a feeder contract price, a live cattle contract price, a live cattle future price, or a feeder cattle future price. ### Claim 8 A method, comprising: receiving, by a computing device, a request to display a web page for a client device, the web page having a listing for purchasing livestock, the listing being associated with a livestock lot size and a ship date; transmitting, by the computing device, a first application programming interface (API) request to an exchange computing device based at least in part on the ship date; receiving, by the computing device, a first API response from the exchange computing device, the first API response comprising a first set of real-time market exchange data, wherein the first set of real-time market exchange data comprises a first market rate; determining, by the computing device executing a stored pricing formula, a price for the listing for a first time period based at least in part on the livestock lot size and the first market rate; displaying, by the computing device, the web page to include the listing, the price for the listing during the first time period, and a purchasing component for purchasing the listing at the price displayed; automatically transmitting, by the computing device, a second API request to the exchange computing device for the listing in response to an expiration of the first time period; receiving, by the computing device, a second API response from the exchange computing device comprising a second set of real-time market exchange data, wherein the second set of real-time market exchange data comprises, the second API response comprising a second market rate; determining, by the computing device executing the stored pricing formula, an updated price for the listing for a second time period based at least in part on the second market rate; and automatically updating, by the computing device, the web page to include the updated price for the listing, the purchasing component being associated with the updated price. ### Claim 9 (depends on 8) The method of claim 8, wherein the listing is associated with a listing type and further comprising: determining a volume premium or discount for the listing based at least in part on the livestock lot size, the volume premium or discount are determined based at least in part on a quantity of trucks needed to transport the livestock lot size; and the price for the listing is further determined based at least in part on the volume premium or discount. ### Claim 10 (depends on 8) The method of claim 8, wherein the price for the listing is further determined based at least in part on a listing type for the listing, the listing type being used to determine a livestock calculation type and a plurality of listing parameters for the livestock calculation type. ### Claim 11 (depends on 8) The method of claim 8, wherein the price for the listing is further determined based at least in part on a livestock head count. ### Claim 12 (depends on 8) The method of claim 8, further comprising: configuring, by the computing device, the first API request to request a subsequent monthly contract price based at least in part on the ship date. ### Claim 13 (depends on 8) The method of claim 8, wherein the first time period and the second time period correspond to a periodic interval associated with the exchange computing device. ### Claim 14 (depends on 8) The method of claim 8, wherein the first market rate comprising at least one of a feeder contract price, a live cattle contract price, a live cattle future price, or a feeder cattle future price. ### Claim 15 A non-transitory computer-readable medium embodying a program that, when executed by a processor of at least one computing device, causes the at least one computing device to at least: receive a request to display a web page for a client device, the web page having a listing for purchasing livestock, the listing being associated with a livestock lot size and a ship date; transmit a first application programming interface (API) request to an exchange computing device based at least in part on the ship date; receive a first API response from the exchange computing device, the first API response comprising a first set of real-time market exchange data, wherein the first set of real-time market exchange data comprises a first market rate; determine, by executing a stored pricing formula, a price for the listing for a first time period based at least in part on the livestock lot size and the first market rate; display the web page to include the listing, the price for the listing during the first time period, and a purchasing component for purchasing the listing at the price displayed; automatically transmit a second API request to the exchange computing device for the listing in response to an expiration of the first time period; receive a second API response from the exchange computing device comprising a second set of real-time market exchange data, wherein the second set of real-time market exchange data comprises, the second API response comprising a second market rate; determine, by executing the stored pricing formula, an updated price for the listing for a second time period based at least in part on the second market rate; and automatically update the web page to include the updated price for the listing, the purchasing component being associated with the updated price. ### Claim 16 (depends on 15) The non-transitory computer-readable medium of claim 15, wherein the price for the listing is further determined based at least in part on a listing type for the listing, the listing type being used to determine a livestock calculation type and a plurality of listing parameters for the livestock calculation type. ### Claim 17 (depends on 15) The non-transitory computer-readable medium of claim 15, wherein the price for the listing is further determined based at least in part on a livestock head count. ### Claim 18 (depends on 15) The non-transitory computer-readable medium of claim 15, wherein the program, when executed by the processor, causes the at least one computing device to at least: configure the first API request to request a subsequent monthly contract price based at least in part on the ship date. ### Claim 19 (depends on 15) The non-transitory computer-readable medium of claim 15, wherein the first time period and the second time period correspond to a periodic interval associated with the exchange computing device. ### Claim 20 (depends on 15) The non-transitory computer-readable medium of claim 15, wherein the listing is associated with a listing type and the program, when executed by the processor, causes the at least one computing device to at least: determine a volume premium or discount for the listing based at least in part on the livestock lot size, the volume premium or discount are determined based at least in part on a quantity of trucks needed to transport the livestock lot size; and the price for the listing is further determined based at least in part on the volume premium or discount.