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.
Past performance is not indicative of future results. ADM does not warrant this information to be free of omissions and errors.