Forward Price Purchase Contract (FPC) This contract allows you to lock in the deferred cash grain price. Normally this is done when the deferred price is enough to cover your cost of storage and interest. In addition this contract is preferred to fix a new crop selling price. The contract changes the ownership of the grain from farmer to elevator upon delivery of grain.  There is no fee for this service.

Purchase Contract (PC) This contract is the basic contract for the purchase of grain. The farmer has a quantity of grain on hand and wishes to set a definite price and time period of delivery.  There is no fee for this service.

Minimum Price Contract (MPC) This contract is one of the safest opportunities for a farmer to participate in the market movement to increase the price he (she) receives for the grain. The benefits are, all costs are defined, the producer receives a floor price (minimum) up front and can participate in any market rally with a defined risk (premium). In comparison to storage, shrink and handling costs, the premium cost might be a better value. This contract changes the ownership of the grain from farmer to elevator upon delivery of grain.

No Price Established (NPE) also known as Deferred Price (DP) This contact allows a high degree of price flexibility for an extended period of time. A service fee is charged. Payment is not made until the price is fixed. There are no storage charges. All price risk is with the farmer. This contract changes the ownership of grain from farmer to elevator upon delivery of grain.  

Sales Contracts (SC) This is a firm offer to sell at a predetermined price and for a predetermined delivery time and established amount of bushels of grain. This contract can be written as a forward sales contract.  There is no fee for this service. 

Basis Contracts (BC) Basis contracts are similar to forward cash contracts in that they allow the farmer to lock in a future price, but only partially. The basis is fixed but not the price. The risk is there is no price protection. This contract changes ownership of the grain from farmer to elevator upon delivery of grain.  There is no fee for this service.

We also offer warehouse receipts.