Hours
DUMMER'S GRAIN SERVICE

N6673 CO RD XX, HOLMEN WI 54636

608-526-9277

HOURS  

MONDAY-FRIDAY 8AM-4PM 

SATURDAY-SUNDAY CLOSED

 *To revieve text message bids and updates, text START to 1-608-291-4309*


Cash Bids


Crop Progress

Market Snapshot
Quotes are delayed, as of February 07, 2025, 08:50:31 PM CST or prior.

Follow Us on Twitter

Contracts

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.

Minimum Price Contract (MPC) This contract is one of the safest opportunities for a farmer to participate in the market movement to increase the price he (she) receives for the grain. The benefits are, all costs are defined, the producer receives a floor price (minimum) up front and can participate in any market rally with a defined risk (premium). In comparison to storage, shrink and handling costs, the premium cost might be a better value. This contract changes the ownership of the grain from farmer to elevator upon delivery of grain. Paid 100% at time of delivery.

Price Later Contracts (PLC) This contact allows a high degree of price flexibility for an extended period of time. A service fee is charged. Payment is not made until the price is fixed. This contract changes the ownership of grain from farmer to elevator upon delivery. Advantages are you can deliver corn when you choose during a designated delivery time and price at a later time. You are able to do a forward priced purchase contract on these bushels and pick up the added profit that the market offers.

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.



Click here to learn more about our Price Later Programs:
https://www.youtube.com/watch?v=NoTGOrOJXdg


National Newswire


Local Weather
Forecast

Like Us on Facebook
 


Commentary
Wheat Closes the Week with Weakness
The wheat complex posted losses on the Friday session. Chicago SRW futures were down 3 to 5 cents in the nearbys on the day, with March up 23 ¼ cents on the week. KC HRW futures were 2 to 4 cents lower in the front months, as March rallied 25...
Cotton Heads into the Weekend on a Lower Note
Cotton futures posted nearby losses of 40 to 41 points on Friday, with March down 25 points on the back and forth week. The outside markets were mixed factors, as crude oil futures were up $0.43/barrel. The US dollar index was adding the pressure, up $0.428 on the day. Commitment...
Corn Bulls Take Some Risk Off Heading into the Weekend
Corn futures were feeling pressure on Friday, with losses of 3 to 8 cents, as the front months took the brunt of the hit. March still held the gains prior to the Friday session, up 5 ½ cents in the week. The national average Cash Corn price from cmdtyView was...
Soybeans Fall on Friday
Soybeans were to lower trade on Friday, with losses of 8 to 11 cents in most front months. Nearby March was up 7 ½ cents on the week despite the Friday pressure. CmdtyView’s national front month Cash Bean price was down 11 cents at $9.88 ¾. Soymeal futures were down...
Hogs Posts Gains on Friday
Lean hog futures closed with contracts up 20 to 60 cents on Friday, as February was up $3.07 on the week. The national average base hog negotiated price was reported at $83.17 on Friday afternoon, down $3.06 from the day prior. The CME Lean Hog Index was reported at $85.05...
Cattle Close Mixed on Friday
Live cattle futures closed steady to 30 cents higher across the nearbys on Friday, with February down $3.825 this week. Cash trade was reported at $208 in the North, down $2-4 from last week. Southern sales are coming in at $206, down $2 from the week prior. Feeder cattle futures...

The CME Group Intercontinental Exchange