How to Farm with a Higher Business IQ
April 25, 2019
During the “commodity super-cycle” between 2007 and 2012, it wasn’t unusual for net farm income to top $125,000. But statistics show median farm income around $35,000 in 2017.... 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