| DUMMER'S GRAIN SERVICE |
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N6673 CO RD XX, HOLMEN WI 54636 608-526-9277 |
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HOURS MONDAY-FRIDAY 8AM - 4PM SATURDAY-SUNDAY CLOSED *WE WILL BE CLOSED FOR A WEEK TO TWO WEEKS STARTING JUNE 5TH FOR CONSTRUCTION, WE APOLOGIZE FOR ANY INCONVENIENCE*
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| DUMMER'S GRAIN SERVICE |
|
N6673 CO RD XX, HOLMEN WI 54636 608-526-9277 |
|
HOURS MONDAY-FRIDAY 8AM - 4PM SATURDAY-SUNDAY CLOSED *WE WILL BE CLOSED FOR A WEEK TO TWO WEEKS STARTING JUNE 5TH FOR CONSTRUCTION, WE APOLOGIZE FOR ANY INCONVENIENCE*
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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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A Great Event For A Great Cause
- Mixed AM in Cotton Market
- Cotton prices are mixed so far with July down by 7 though new crop is as much as 40 points higher. Yesterday, with the exception of July’s 70 point loss, cotton futures settled higher ahead of the USDA report day. Dec contracts were up by 40 points at the close,...
- Lean Hogs Get USDA Data Today
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- USDA to Release Monthly Beef S&D
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- CBT SRW in Black So Far
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- Report Day Starting Higher for Soy
- Soybeans are up by 3 1/4 to 6 1/4 cents so far, as meal and oil are also each up by 0.4% in anticipation of the USDA reports . Soybean prices ended Thursday with some 10 1/2 to 12 1/2 cent gains. July was left out, ending only 2 1/2...
- Light Downward Gap for Corn Futures
- Corn prices are trading in the red after gapping lower overnight. July futures left 1 1/4s of the 2c cent gap working into the day session. Corn settled the Thursday session up by 1 1/2 to 6 cents. July was the leader, and after briefly trading below $6, closed near...
