Join Us For A Morning Of Valuable Information! Farmer's Co-op Elevator and Intl FCStone Present
GRAIN MARKETING STRATEGIES
Thursday, March 22nd Lidgerwood American Legion Hall 9:30 - 11:30 a.m.
Phillip Claussen, Risk Management Consultant at Intl FCStone Financial Inc. - FCM Division
Todd Dravland, Manager at Farmer's Co-op Elevator
will be presenting An array of new contract offerings, including Basis Fixed, Hedge to Arrive, Minimum Priced and Over-The-Counter (OTC) General trend of current market conditions Overview of New Crop Corn and Soybeans
OVER-THE-COUNTER FUTURES CONTRACTS Farmer's Co-op Elevator in conjunction with INTL FC Stone Financial, Inc. 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.
Annual Meeting Notice
2017 ANNUAL STOCKHOLDERS
Wednesday, March 28, 2018 2:00 p.m. Lidgerwood KC Hall Dividend checks distribution. Elevators will close at 11:30 a.m.
EASTER HOLIDAY HOURS
Friday, 30th - 8:00 am - Noon Saturday, March 31st - closed
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 Contracts
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.
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
********************************************* Due to a court ruling regarding Voluntary Credit Sale Contracts, the Farmers Co-op Elevator must have Signed contracts returned to us within 30 days of final delivery.
If we do not have signed contracts in our possession, all grain will be priced and paid 30 days after final delivery. Contracts include Price Later and Deferred