Market Your New Crop Around Price Targets
June 7, 2018
By now, you know your 2018 input costs, and have price targets for your corn and soybeans. But can you realistically capture them in these markets? Yes, say two... Read More
Traditional Contracts:
Spot
Spot grain contracts are the most traditional grain marketing tool and a quick way to unload grain and get paid. You select a specific bid, at a specific location, at a specific day and time. You are paid cash upon delivery of your grain.
ADM products and services vary by location.
- How it Works
- Benefits
How it Works
Here’s how to put a Spot contract to work for you:
- Meet with your local ADM representative to discuss your plans and objectives for current and future production.
- He or she will walk you through the choices that will best help you meet your objectives and to ensure you’re comfortable with the suggestion and plan.
- If you select a Spot grain contract, ADM will define expectations for final pricing, payment and delivery, and continue to look for ways to help you improve your grain marketing.
- Watch the market and deliver grain any time you like with final price and payment upon delivery.
Benefits
- Fast, simple way to sell grain
- If you see a price you like, you can take it
- Capitalize on market rallies
- Available any time
Let's talk.
Please contact me so we can have a conversation about this grain contract.
Find Your Local ADM Representative