DUMMER'S GRAIN SERVICE |
N6673 CO RD XX, HOLMEN WI 54636 608-526-9277 |
HOURS MONDAY-FRIDAY 8AM - 4PM SATURDAY-SUNDAY CLOSED
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Contract Options Target Price Offers (TPO) This is an offer to sell your grain or buy grain from us at a firm price and designated delivery period. This offer is flexible and may be canceled prior to pricing. This contract takes the emotion out of pricing decisions and allows you to make market decisions in a business manner. There is no fee for this service. Purchase Contract (PC) This contract is the basic contract for the purchase of grain. The farmer has a quantity of grain on hand and wishes to set a definite price and time period of delivery. There is no fee for this service. Navigator Contract (NC) This contract allows you to sell your grain and still stay in the market by re-establishing futures price, then pricing out your futures at a later time. The resulting gain or loss in the futures market is your gain or loss. 3-cent fee for this contract. Paid 50% at time of delivery. Deferred Payment (DP) This contract is similar to a Purchase Contract. There is a set bushel amount, price, and delivery period. The only difference is the contract will be paid out at a later date, often times after the first of the year. Averager (APC) This contract allows you to price your grain over an extended period of time. Pricing is done once per week for a predetermined amount of week. You can opt. out of this contract during the averaging period and a three-cent fee will be assessed. Sales Contracts (SC) This is a firm offer to buy a predetermined price and for a predetermined delivery time and established number of bushels of grain. This contract can be written as a forward sales contract. There is no fee for this service. Basis Contracts (BC) This contract allows you to lock in the basis but not the futures price. This contract changes ownership of the grain from farmer to elevator upon delivery. There is no fee for this service. Hedge to Arrive (HTA) This contract allows you to lock in the futures price but not the basis. There is a 2-cent fee for this service. Basis must be set prior to delivery. One roll is allowed for a 2-cent fee. If there is no established contract, the cash price will be paid on the day the grain was delivered. The cash price is established at 1:30 PM upon market close.
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Holmen, Wisconsin (54636)
Forecast
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Sunday
36°
3°
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Monday
39°
23°
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Tuesday
43°
10°
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Wednesday
44°
34°
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Thursday
43°
18°

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A Great Event For A Great Cause
- Cotton Closes Red on Friday
- The Friday session ended the day down by 85 to 100 points across the front month cotton futures. March closed mostly mid-range on the 140 point ranged day. For the week, March cotton prices were down by 146 points. December was a 28 point discount at the settle. USDA’s weekly...
- Hogs Close in Black on Friday
- The lean hog futures market settled with a 32 cent loss in the Feb contract, but 47 to 75 cent gains in the other nearbys. For April that finished out the week with a net 2 cent gain Friday to Friday. USDA’s National Average Base Hog price was $72.65 on...
- Cattle Prices Close with Gains on Friday
- The April cattle contract rallied $3.30 and set new contract highs this week, and finished with a Friday gain of 30 cents. The other front months were also higher from Friday to Friday and went into the weekend 15 to 52 cents higher on the day. Feeder cattle futures closed...
- Red Close for Friday Wheat Market
- Wheat prices ended the last trade day of the week with losses. Chicago wheat futures gave back 2 1/2 to 4 1/4 cents across the front months on Friday. KC HRW prices settled with 7 1/2 to 8 cent losses on the day. Spring wheat futures went into the weekend...
- Soymeal Rallies into Weekend
- The soymeal market rallied to new contract highs again on Friday, as the beans and soy oil dropped into the weekend. Soybean futures closed fractionally in the red for new crop, but 1 1/2 to 2 1/4 cents lower in old crop. Soybean oil futures faded by triple digits on...
- Corn Prices Close with Gains
- Friday corn futures ended the day with fractional to 2 1/4 cent gains. For the week, March corn was 5 1/2 cents lower but Dec corn was up by 8 3/4 cents. That has the discount to new crop at 81 1/2 cents now. USDA’s National Weekly Ethanol Report showed...