What’s Happening at the Farm Progress Show?
August 26, 2019
Please join us for live podcast recordings of “In the Driver’s Seat” episodes. Look through the following schedule for the topics you’re most interested in, then grab a seat... Read More
If you feel there is a potential for future prices to improve, but basis levels may get worse, a Basis grain contract allows you to lock in only the basis portion of a cash contract for a specific delivery period. With the basis set, you can wait until a later date to set the futures reference pricing portion of your cash contract. Basis contracts may also allow you to receive a payment advance on an estimated portion of the contract value for the grain that has been delivered.
Note that entering into a Basis contract does not result in the seller opening a futures or options account or having a futures or options position. Any futures or options position taken by a buyer is for the benefit of the buyer only and shall be in the buyer’s name. Futures and/or options may be employed as a grain pricing mechanism. This contract is not a futures or options contract or a commodity pool agreement.
ADM products and services vary by location.
March 14, 2017
With a warmer-than-average winter across much of the U.S., you’re probably itching to get to the field. But don’t blow past an important date for the grain markets on... Read More
Please contact me so we can have a conversation about this grain contract.