• Producer calls and prices grain at the market, and immediately takes settlement

Offer Contract

• Producer offers to sell a specific amount of grain if the market reaches a target cash price or futures level
• Available in any bushel increment 
• Available for Old Crop & New Crop bushels
• All orders are entered as "Good-Till-Cancelled" unless otherwise specified

Deferred Payment Contract 

• Allows the producer to sell grain now, but defer income into future years for tax purposes
• Requires a specified payment date and cannot be paid out early
  • Tax law allows producers to specify income be applied to the year sold or the year deferred into, even with a deferred payment contract (please consult a tax professional for full details)
• Current interest rate is  3 percent

Minimum Price Contract

• Establishes a minimum price for the grain while giving the opportunity for additional value if the market rallies
• Available in 5000 bushel increments 

New Crop TBD (To-Be-Delivered)

• Establishes a fixed futures and basis level for grain to be delivered later
• Available in 1000 bushel increments

New Crop HTA (Hedge-to-Arrive)

• Establishes a fixed futures price and leaves the basis level unset
• $0.05/bu fee for 2024 harvest
• $0.10/bu fee for 2025 harvest
• Available in 1000 bushel increments
• Basis must be set prior to First Notice Day of the reference futures month
• Contract cannot be rolled forward to subsequent trading months

New Crop Basis-Only

• Establishes a fixed basis level and leaves the futures unpriced
• Available in 1000 bushel increments
• Futures must be priced prior to First Notice Day of the reference futures month
• Contract cannot be rolled forward to subsequent trading months

New Crop Average Price Contract

• Takes the daily futures price from Feb 1 to June 30 to generate a net ‘Average Price’
• Available in Corn, Milo, and Soybeans for 2024 Harvest Delivery
• Available in 5,000 bu increments only
• Program Cost is $0.05/bu