| 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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We are a proud Sponsor of Ashley for the Arts.
A Great Event For A Great Cause
- Mostly Higher Cotton Market on Thursday
- 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, tightening the inverse to 2.68 cents. So far through Thursday, July futures are at a 174 point loss for the week’s move...
- July Hog Futures Held Firm
- Most of the nearby lean hog futures closed in the red on Thursday, with losses from 2 cents in June to $1.30 in October. July contracts however stayed in the black and ended the day up by 27 cents. July was at a net $2.55 gain for the week’s move....
- Cattle Close Red on Thursday
- Cattle futures were attempting to recover from the midweek session early, but ultimately added to the drop with $0.90 to $1 losses. June fats were the firmest, going home only 22 cents in the red. Cash trade this week was $188-$194 in the North. Thursday’s feeder cattle market closed with...
- Double Digit Wheat Rally ahead of Report Day
- Wheat futures gained back double digits on Thursday. Minneapolis spring wheat led the way with 21 cent gains of as much as 2.7%. That left the July contract at a net 8 cent gain for the week. KC HRW futures closed up by 2.2% with 16 3/4 to 18 1/2...
- New Crop Beans Higher Before Report Day
- Soybean prices ended Thursday with 10 1/2 to 12 1/2 cent gains into the report day. July was left out, ending only 2 1/2 cents higher. Soybean oil futures rallied the most on Thursday with 2.8% to 4% gains on the day. Soymeal faded with $1.20 to $1.30 front month...
- Thursday Gains in Corn Market
- 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 the top of the daily range. July corn futures are up by a net 1 1/4 cent for the week so far. Dec corn is still...
