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Futures Only - HTA 12/30/20 10:50:52 AM
Elbow Lake Co-op Grain Elbow Lake and Wendell "Futures Only" "Hedge to Arrive" Futures only can be written on the below terms and is offered. Basis must be set prior to delivering. Setting Basis or a roll must be done prior to first notice day of futures month in which the futures contract is written for. -The below fee will be taken off your gross traded futures at the time the contract is written.-
Corn 1 cent per month starting after current nearby trading month Example If Dec is the Current trading month - Dec would be no charge Mar would be 1 cent May would be 2 cents ...
Soybeans - 1 cent per month starting after current nearby trading month Example If Nov is the Current trading month - Nov would be no charge Jan would be 1 cent Mar would be 2 cents ...
Wheat 1 cent per month starting after current nearby trading month Example If Dec is the Current trading month - Dec would be no charge Mar would be 1 cent May would be 2 cents ...
Roll fee of 2 cents per roll. Cannot roll into next crop year.
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