Futures Only - HTA  11/27/18 9:44:46 AM

Elbow Lake Co-op Grain
Elbow Lake and Wendell
"Futures Only"

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 inital trading month
Example
Mar 19 - Current trading month - no charge
May 19- 1 cent 
July 19 - 2 cents
Sept 19- 3 cents
2019 Crop
Dec 19 - 4 cents

Soybeans - 1.5 cents per month starting after inital trading month
Example
Jan 19 -  Current trading month - no charge
Mar 19 - 1.5 cents
May 19 - 3 cents
July 19 - 4.5 Cents
2019 Crop
Nov 19 - 6 cents

Wheat 1 cent per month starting after inital trading month
Example
Mar 19 - Current trading month - no charge
May 19- 1 cent 
July 19 - 2 cents
2019 Crop
Sept 19- 3 cents
Dec 19 - 4 cents

Roll fee of 2 cents per roll.  Cannot roll into next crop year. 
 
 
Copyright DTN. All rights reserved. Disclaimer.
Although every effort has been made to insure accuracy, Elbow Lake Co-op Grain, shall have no obligation or liability to the recipient of the information contained herein for any errors, inaccuracies, omissions, changes, revisions, delays or interruptions in the information or transmission of information contained herein to the recipient including without limitation direct, indirect, special, incidental, consequential damages which may result.
Powered By DTN