Futures Only - HTA  09/21/20 1:47:29 PM

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.  

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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