How it Works
The Seasonal Price window helps capture the historic seasonal price premiums of new crop futures prior to each year’s harvest. When you’re ready to establish a grain contract, here are the steps:
- You enroll a portion of your production before the pricing period begins.
- An equal portion of the grain is priced every day during the pricing period, based on the Chicago Board of Trade’s daily futures settlement price for the respective futures month.
- When the pricing period concludes, your Seasonal Price Futures Reference Price is established. You decide when to set the basis.
- You deliver your grain and receive a final price. The final price is the Seasonal Price Futures Reference Price +/- Basis – Service Fee.
Note: Specific dates fluctuate on an annual basis. For current dates, talk to your local ADM representative. Past performance is not indicative of future results.
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Past performance is not indicative of future results. ADM does not warrant this information to be free of omissions and errors.