Elevators will be closing at 2:00pm Friday, June 20th For employee safety training.
Phone Numbers
Phone Numbers
Main Office: 701-538-4551
South Plant: 701-538-4617 Geneseo Plant: 701-538-4819 North Plant: 701-538-4048
CASH BID TEXT MESSAGE
RECEIVE CASH BID TEXT MESSAGE DAILY SIGN UP BY USING OUR DTN TEXT MESSAGE LINK
DTN Text Messages
Price Later - Sign Contracts
Please Sign Your Price Later Contracts
Price Later Contracts need to be signed as soon as you receive them in the mail please. You will be provided with two copies, asking you return one signed copy in the return envelope that is provided.
North Dakota Department of Agriculture allows us 30 days from the date the grain is hauled to have these contracts signed so please get them back to us as soon as possble. Thank you!
Hours - Regular
Elevator Hours Monday - Friday 8:00am - 5:00pm
Long Term Grain Storage
LONG TERM GRAIN STORAGE
Farmers Co-op Elevator is now offering Long Term Grain Storage. 10, 20 & 30 Year Contracts Available Contact Todd for more information
The CBOT electronic grain trading hours: Sunday 7:00 pm to Monday 7:45 am Monday to Friday 7 pm to 7:45 am Daily 8:30 am to 1:15 pm Daily (trading closed 7:45 to 8:30 a.m. and 1:15pm -7pm weekdays) (Central Time)
HEDGE TO ARRIVE (Futures Fixed) SERVICE FEE SCHEDULE Effective February 22, 2018
Wheat - Corn .005 cents per bushel each futures month past current futures trading month. Soybeans .01 cents per bushel each futures month past current futures trading month. Example: Dec futures (current trading month) = 0 March futures = .005 or .01 cents/bushel May futures = .01 or .02 cents/bushel July futures = .015 or .03 cents/bushel Etc... One futures roll allowed per HTA and/or Basis Set Contractat a fee of 2 cents/bushel. All HTA &/or Basis Set contracts are to be final priced in current marketing year. ANY QUESTIONS, PLEASE CALL
OTC Contracts
OVER-THE-COUNTER FUTURES CONTRACTS Farmer's Co-op Elevator in conjunction with StoneX. is now able to offer Producer Accumulator Contracts. These contracts price bushels on a weekly basis, yet give protection of a floor price, giving the producer a great marketing tool.
Producer Accumulator with Euro Double Up (DU) is a grain contract based on over-the-counter (OTC) derivatives to manage price risk. Each week the futures contract is above the knock-out level, 100% of the weekly quantity is priced at the accumulation level. At expiration, if the futures contract settles above the accumulation level, and a barrier event has not occured, the quantity is doubled at the accumulation level.
Producer Accumulator with Euro Double Up (DU) Knock Out (KO) and Guaranty Quantity has the same features as the Producer Accumular with Euro Double Up but also includes a guaranty level. If on any date between the trade date and end date the futures settle at or below the knock-out level, the accumulation ceases, and the remaining quantity is priced at the guaranteed level.
Contact Todd for information on our OTC contracts.
