Grain

GOING WITH THE GRAIN

It’s one thing to grow a crop; it’s another to manage marketing risk in an uncertain environment. Count on the grain specialists at United Farmers Cooperative to help you with:

  • Grain purchasing and marketing
  • Grain drying and storage
  • Grain shipping on the rail

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We look forward to helping you manage your price risk in this volatile market. Contact your nearest UFC location.

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GRAIN CONTRACTS

We also offer a variety of grain contracts, including:

Basis contract:

  • Basis is set now, with the futures price and final price to be set at a later date.
  • You can deliver grain against a basis contract and set the futures price later.
  • Use this contract when basis is “firm” or “narrow,” but you think futures prices will go up in the future.

Hedge-to-arrive contract: (HTA)

  • Futures are set now, with basis and final cash price set later.
  • Basis must be set prior to delivery.
  • Use this contract when futures look good, but you want to wait to set basis. It’s mostly used when you want to sell grain out forward, usually six to 12 months or so.
  • There is a fee attached to this contract. Please call your nearest UFC location for details.

Price-later contract:

  • Grain is delivered now but can be priced at a later date.
  • Title to grain is transferred to UFC at time of delivery.
  • Customers typically use this contract at harvest time or when they want to move grain off the farm but don’t like the current cash price.
  • A fee is typically associated with this contract. See our grain policies information or contact our grain staff at your nearest UFC location for details.

Minimum-price contract:

  • After you sell grain, we buy a call option to protect the upside in the market.
  • The risk is more limited than price-later contract or basis contract, because the grain is sold.
  • Use this contract when you want to move grain, but you want to still have some upside potential.
  • There is a small fee with this contract. Contact our grain staff at your nearest UFC location for details.

www.cmegroup.com/Copyright © 2018. All market data is provided by Barchart Solutions.

Futures: at least a 10 minute delay. Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.

www.cmegroup.com/Copyright © 2018. All market data is provided by Barchart Solutions.

Futures: at least a 10 minute delay. Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.

Cash Bids, Futures, and Options all on a 10-30 minute delay and subject to change.

GRAIN POLICIES

AGRICHARTS NEWS

BRUGLER COMMENTARY

GRAIN LOCATIONS

Fax: 641-336-2918