Hectare is an agricultural technology company dedicated to streamlining the journey of agricultural commodities from field to fork. By offering fully traceable inventory management products, trading platforms, and logistics solutions under one roof, Hectare simplifies complex supply chains. Serving over 140,000 farmers and agribusinesses worldwide, the company provides data-driven market insights to enhance decision-making, sustainability, productivity, and profitability. Since its inception in 2015, Hectare's technologies have facilitated over $1 billion in commodities trading, positioning it as a leader in the global agricultural sector.
Key Features and Functionality:
- Inventory Management: Hectare offers real-time inventory tracking, allowing farmers and farm management businesses to monitor their stock levels, track yield performance, and manage contracts efficiently.
- Trading Platforms: The company provides user-friendly trading platforms that connect farmers with a network of vetted buyers, facilitating fair market prices and expanding market reach. Features include live market insights, trading position visibility, and mobile accessibility.
- Logistics Solutions: Hectare's logistics services ensure seamless movement of commodities, reducing inefficiencies and carbon footprints within the supply chain.
- Market Insights: Users gain access to real-time ex-farm and futures prices, industry news, and reports, enabling informed decision-making.
- Advance Pay: This embedded finance product provides farmers with instant cash flow from grain contracts, offering up to 80% of the contract's value upfront at fair market interest rates.
Primary Value and Solutions:
Hectare addresses the inherent complexities and inefficiencies in the agricultural supply chain by offering integrated digital solutions. By connecting all critical components—from inventory management to trading and logistics—the company enhances transparency, reduces carbon emissions, and promotes sustainable agriculture. Farmers and agribusinesses benefit from improved operational efficiency, better market access, and enhanced profitability, all while contributing to a more sustainable and secure global food system.