THE DIVERSIFIER CONTRACT
DIVERSIFY YOUR GRAIN MARKETING PORTFOLIO
The DIVERSIFIER CONTRACT prices equal amounts of 2020 New Crop grain at the closing settlement of each trading day of the pricing period (using DECEMBER 2020 CBOT CORN & NOVEMBER 2020 CBOT SOYBEAN FUTURES). The pricing period will be 60 CBOT marketing days from 04/15/2020 to 07/09/2020. The marketing period only includes day sessions when the CBOT is open and trading. You must set the basis on this contract prior to delivery.
Call Clara City Farmers Elevator, 320-847-3330, with any questions or to sign up for the program.[1,000 bushel minimum Soybeans / 5,000 bushel minimum Corn]
This material has been prepared by Prinsburg Farmers Coop and should be considered a solicitation.
This communication may contain privileged &/or confidential information and is intended only for the use of the individual or entity to which it is addressed. If the reader of this message is not the intended recipient, you are hereby notified that any unauthorized dissemination, distribution &/or use of this communication is strictly prohibited. Prinsburg Farmers Coop makes no representation or warranty regarding the correctness of any information contained herein, or the appropriateness of any transaction for any person. There is a risk of loss when trading commodity futures and options.***
Dear Co-op patrons,
In effort to minimize the impact that the Covid-19 virus may have on our customers and employees we ask you to consider calling our respective offices in Prinsburg, Raymond, and Clara City when there is a question or need for services rather than “dropping by”. Normally we appreciate visits in person, but in light of the potential threat of spreading the virus, we are asking to curb in-person meetings as much as possible. Maintaining a healthy workforce for the handling of grain, feed, fuel and the upcoming planting season is of great importance.
Also, any scheduled meetings such as marketing and agronomy will be suspended until further notice. The annual meeting of the Prinsburg Farmers Co-op will be announced at a later date pending further information from public health officials.
We want to assure you that coop facilities are open and operations ongoing. Please contact us with any questions or concerns you may have.
Prinsburg Farmers Coop
Prinsburg – Raymond – Clara City
FREE DPA ON CORN & SOYBEANS
EFFECTIVE MONDAY, FEBRUARY 3, 2020
***If not priced by 09/25/20...a $.10/bu minimum and $.04/bu per month prorated by the day service charge will accrue (from 09/25 - not from the date of delivery).
***NO forward contracts can be hauled on this program unless prior arrangements are made.
***Grain under CCC loan DOES NOT qualify for this program.
***Subject to space availability.
***Subject to change without notice.