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| Prairie View MFA Agri Services - CLICK - MFA CUSTOMER PORTAL |
CASH PRICE = FUTURES PRICE +/- BASIS
Marketing Months Beans: F-January H- March K-May N-July Q- August U-September X-November Corn/Milo/Wheat: H-March K-May N-July U-September Z- December MARKETING PLANS ARE KEY THIS YEAR. MAKE AN APPOINTMENT OR COME BY TO SEE ME TO ESTABLISH A PLAN FOR YOUR GRAIN NEEDS. SETTING TARGETS AND ESTABLISHING PRICING LEVELS HELP TAKE THE EMOTION OUT OF GRAIN MARKETING, ALLOWING YOU TO TAKE ADVANTAGE OF VOLATILE MARKET SWINGS AS THEY HAPPEN. Minimum price contracts- allows the producer to lock in a floor for their grain and buy a call to take advantage of any potential rallies. Can also be used later as turning a flat priced contract into a minimum priced contract, as long as the initial contract was at least 5,000 bushels.
Basis contracts- allows the producer to lock in the basis portion of the cash price formula and take advantage of any rallies on the board in order to possibly receive a higher price later on down the road. A cash advance is available upon delivery of the contract, with the balance to be paid upon pricing. Would like to buy more bushels picked up at your farm......please call me if you are interested in moving grain with our trucks instead of delivering them direct to the elevator!!! Adair Hathaway |
