Offer contracts
This allows us to put in the cash price that you would like to have for a specified delivery period and if the market goes to that level a cash price contract will automatically be made. These contracts can be changed or deleted without consequences as long as the strike price has not hit. These offers will be worked against both the day and night markets increasing the chances of your offer being hit.
No Basis Established or Hedge to Arrive
This contract prices the futures only and leaves the basis un-priced, the producer must establish the basis before they deliver the grain or by the 15th of the month prior to the futures contract month (i.e. Febuary 15th on a March Futures contract), whatever is earlier. Fees for this contract will vary by commodity.
Cash Price
This is a standard forward contract with a set bushel amount and delivery date.
Basis
This contract sets the basis value only leaving the futures to be priced at a later date. The basis will be determined by when and where you would like to deliver the grain.
Fall 2012
We are now bidding for fall 2012 grains. You can check our bids online or call into your local CHS Agri Service Center for details.