|
Cash Sale
(Spot) |
Sell your grain at our
posted price at the time of delivery. |
|
Forward Contract |
Price your grain now for future
delivery (up to 3 years) Payment is made upon delivery of grain. |
|
Deferred Payment |
Sell and deliver grain but
receive payment at a later date. |
|
Minimum Price |
Sell your grain at a set price
but still have the opportunity to make more if grain futures move
higher. This alternative is a great way to eliminate downside price
risk while waiting for the chance of higher prices. There are two
parts to a Minimum Price Contract; the "floor" and the
"more". At the time the contract is executed, you sell
your grain at our posted price less a fee (known as price
insurance). This is your floor price, or guaranteed minimum
price. You have no further risk of lower prices and you get paid
your Minimum Price at delivery. The second part of the contract
enables you to make more on the sale of your grain if futures prices move
higher within a designated period of time. |
|
Target Price Order |
Put in an offer to sell your
grain at the price you want. When our board price reaches your
target, your grain is sold. This tool is essential to executing a
profitable marketing plan that is goal oriented. |
|
Delayed Price/No Price
Established (DP or NPE) |
Deliver now and price your
grain later at our posted price. You pay DP/NPE charges and lose
title at the time of delivery. |
|
Storage |
Deliver now and price your grain
later at our posted price. You pay storage charges and keep title to
your grain. |
