System for animal feed market analysis
AssigneeCargill, Incorporated
InventorsValerie Thompson, Mike Craig, David A. Cook
Life of this patent
Estimating the term…
Abstract
A valuation system for determining the impact of a modification in the nutrient composition of an ingredient or the impact of a new ingredient on the value of the ingredient and the value of competing ingredients. The system can include a repository of information related to potential markets that is incorporated in the evaluation to provide a valuation. This system allows analysis of multiple formulations of animal feed utilizing the new or modified ingredient in a designated market to determine projected usage and value.
Claims33
An animal feed market analysis system for evaluating the impact of a new ingredient or an ingredient that has a modified nutrient composition on the economic value of the new or modified ingredient and the economic value of existing ingredients that could substitute for the new or modified ingredient, the system comprising:
- an input device configured to receive a nutrient profile for the new or modified ingredient;
- a processor configured to receive the nutrient profile from the input device and perform a calculation based in part on the nutrient profile;
- and
- an output device configured to provide a calculation result provided by the processor;
- wherein the processor is configured to predict a projected economic value for the new or modified ingredient.
An animal feed market analysis system operable in a network environment for evaluating the impact of a new ingredient or an ingredient that has a modified nutrient composition on the economic value of the ingredient and the economic value of alternative existing ingredients, the system comprising:
- means for receiving a nutrient profile for the new or modified ingredient;
- and
- means for predicting a projected economic value for the new or modified ingredient.
A system for providing access to an animal market feed analysis system, the system comprising:
- a first processing system configured to maintain an animal feed market information processing unit, the animal feed market information processing unit receiving and processing requests for valuation of a new or modified animal feed ingredient;
- and
- a second processing system configured to transmit a signal requesting the animal feed market information via a network, the signal having been transmitted from the second processing system in response to a selection of a hypermedia link.
A system for determining the economic value of a new ingredient or an ingredient that has a modified nutrient composition, the system comprising:
- an input device configured to receive a nutrient profile for the new or modified ingredient;
- a data repository configured to access animal feed market conditions;
- and
- a processor configured to determine a projected economic value for the new or modified ingredient.
Dependencies are inferred from the claim text.