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Grain Marketing News
- Free storage on soybeans must be priced by October 1, 2010.
- Effective February 1, corn dumped at the scale will receive a 5 cent premium. On 54 test weight or better when sold included contract grain. Subject to change at anytime, no averaging.
- Prairie Lakes Coop will offering a 2011 new crop purchase contracts for corn and beans, must be done during trading hours and is subject to the hedge.
- New Changes in Grain Marketing Hedge To Arrive Contracts 12-18-08
Due to the extreme risk and volatility in the grain markets, effective immediately our new grain buying policies will be in effect:
- Hedge to Arrive contracts
- CORN:
- $0.01 upfront and $0.01 per option month per bushel.
- SOYBEANS and WHEAT:
- $0.01 upfront and $0.02 per option month per bushel.
- Subject to change at anytime. There is a risk of loss when trading commodity futures and options.
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