Contracting

Spot – Producer receives the current cash price for the delivery location at the time of delivery.

Forward Contract – Producer can lock in a cash price for a specified number of bushels to be delivered at a later date. Both futures and basis are locked in with this contract.

Basis Contract – Producer initially locks in only the basis portion for the sale of a specified number of bushels and delivery period. The futures portion of the sale is left open and the producer sets the futures price at a later date they choose.

Hedge to Arrive Contract (HTA) – Producer initially locks in only the futures portion for the sale of a specified number of bushels and delivery period. The basis portion of the sale is left open and the producer sets the basis at a later date they choose.

Hybrid Contracts – On large volume sales we do offer hybrid contracting options utilizing different futures and options strategies. If interested in this contracting type please give us a call.