Current grain contracts

Hedge to arrive contract (HTA)

Price the futures price component of your contract when levels are attractive and set basis separately prior to time of delivery.

Basis contract

Set the basis on your contract prior to locking in the futures price component. A specific quantity of bushels are sold to a designated location for a certain delivery period. An opportunity to deliver bushels when you are satisfied with the basis level but want more time to price the futures price component.

Other grain marketing tools

These are contract types that include grain pricing mechanisms; for example, contracts that could provide a higher price to the current market in exchange for a possible additional bushel commitment and/or provide the opportunity to lock in a floor price and still benefit if the market increases. Including contracts such as:

• Minimum price contract: Lock in a floor on the futures price component of your contract and continue to participate in potential upside in the grain market to potentially re-price the futures price component.
• Average price contract: Adds discipline and diversity to your grain marketing program by pricing an equal amount of bushels over a specified pricing period.
• Cash plus contract: Receive a program payment for an offer to sell additional grain in the future at a price that supports your grain marketing plan.