GRAIN

Prices

POLICIES

CONTRACTS

NEWS

DTN CASH BIDS


Change Location
CORN  
Delivery Cash Price Basis Futures Month Futures Price Futures Change
History Dec 18 3.32 12/17/2018 11:55:00 AM CST -0.51 @C9H
383'2
 -1'4
History Jan 19 3.32 12/17/2018 11:55:00 AM CST -0.51 @C9H
383'2
 -1'4
History Mar 19 3.32 12/17/2018 11:55:00 AM CST -0.51 @C9H
383'2
 -1'4
History May 19 3.36 12/17/2018 11:53:00 AM CST -0.55 @C9K
391'2
 -1'0
History July 19 3.41 12/17/2018 11:53:00 AM CST -0.57 @C9N
397'6
 -1'0
History Oct 19 3.38 12/17/2018 11:53:00 AM CST -0.65 @C9Z
403'0
 -0'6
 
BEANS  
Delivery Cash Price Basis Futures Month Futures Price Futures Change
History Dec 18 8.22 12/17/2018 11:53:00 AM CST -0.85 @S9F
906'4
 6'0
History Jan 19 8.24 12/17/2018 11:53:00 AM CST -0.83 @S9F
906'4
 6'0
History Mar 19 8.28 12/17/2018 11:53:00 AM CST -0.92 @S9H
919'4
 5'6
History May 19 8.38 12/17/2018 11:53:00 AM CST -0.95 @S9K
932'6
 5'6
History July 19 8.49 12/17/2018 11:52:00 AM CST -0.95 @S9N
944'2
 5'4
History Oct 19 8.65 12/17/2018 11:52:00 AM CST -0.90 @S9X
954'6
 3'6

MERCHANDISING

Knowledge and Tools to Market Your Crop

UFC's Grain Division can address all your grain marketing needs, from cash contracts to hedge-to-arrive (futures fixed) contracts. Contact our experienced marketing staff, if you have any questions or concerns related to the marketing of your crop. We’ll be happy to consult by phone or schedule a meeting on your farm or at one of our locations.

GRAIN HARVEST POLICIES

 

COMMERCIAL STORAGE

16 cent minimum/ 90 days both Corn and Soybeans. After 90 days, then $0.04/month

 

DELAYED PRICE CONTRACTS

16 cent minimum/ 90 days both Corn and Soybeans.  After 90 days, then $0.035/month (title passes to UFC)

* No free time
* Storage calculations are prorated daily after the initial 90 days
**Any grain left on storage for over one year will have a storage rate of $0.05/month. Any grain left on Delayed Price over one year will increase to $0.045/month

 

CORN MOISTURE LIMITS

Commericial Storage and Delayed Price 
14% - Cash or Contract 

*Corn Drying will remain at $0.045/point of moisture with a 1.4% shrink. 
**Moisture discounts and shrink will be calculated to each 1/10th of a point

 

SOYBEAN MOISTURE LIMITS

Moisture discounts start at 13.1%.  Soybean moisture discounts will be 1% of the price each .5 point of moisture over 13% to 14%. From 14% to 16% discounts will be 2% of the price each .5 point of moisture. From 16% to 18% discounts will be 3% of the price each .5 point of moisture or subject to rejection.

*There will be no averaging of grades for Corn or Soybeans
 

CUSTOM DRIED CORN

$0.09 load out fee for custom dried corn

*Custom Dried Corn must be loaded out in 5 days or full storage will be assessed on those bushels.

 

COMMERCIAL STORAGE

16 cent minimum/ 90 days both Corn and Soybeans. After 90 days, then $0.04/month

 

DELAYED PRICE CONTRACTS

16 cent minimum/ 90 days both Corn and Soybeans.  After 90 days, then $0.035/month (title passes to UFC)

* No free time
* Storage calculations are prorated daily after the initial 90 days
**Any grain left on storage for over one year will have a storage rate of $0.05/month. Any grain left on Delayed Price over one year will increase to $0.045/month

 

CORN MOISTURE LIMITS

Commericial Storage and Delayed Price 
14% - Cash or Contract 

*Corn Drying will remain at $0.045/point of moisture with a 1.4% shrink. 
**Moisture discounts and shrink will be calculated to each 1/10th of a point

 

SOYBEAN MOISTURE LIMITS

Moisture discounts start at 13.1%.  Soybean moisture discounts will be 1% of the price each .5 point of moisture over 13% to 14%. From 14% to 16% discounts will be 2% of the price each .5 point of moisture. From 16% to 18% discounts will be 3% of the price each .5 point of moisture or subject to rejection.

*There will be no averaging of grades for Corn or Soybeans
 

CUSTOM DRIED CORN

$0.09 load out fee for custom dried corn

*Custom Dried Corn must be loaded out in 5 days or full storage will be assessed on those bushels.

SELLING AND STORING YOUR GRAIN

  • Cash Sale

    Your grain is sold for price at the time of delivery

  • Storage

    Deliver your grain anytime. A storage charge of 4 centers per month will be applied

CONTRACTING INFORMATION

  • Offer

    You establish a price. If the market reaches your objective, your grain is sold

  • Forward

    Allows you to capture a favorable price for future delivery. Delivery periods may extend out as far as 24 months. Payment is made at the time of delivery.

  • Hedge-to-arrive(HTA)

    The futures price is determined when the contract is created, but the basis level is not determined until a later date. A service fee may apply.

  • Sell Order

    We accept sell orders for cash or HTA contracts at any time. These orders will be placed electronically and have the potential to be filled in the overnight market.

  • Price Later (Delayed Price)

    Deliver grain at your convenience. You may price the grain during a specified time frame defined in your contract. A service fee may apply.

  • Basis

    You can fix the difference or basis between the Chicago future price and the local cash price.

  • Minimum Price

    A minimum price is established through the use of options.

  • Average Seasonal Price(ASP)

    Allows you to receive a contracted average price for a specific quantity of grain, for a specific delivery period and destination.

  • Managed Grain Contract

    Have professionals price grain for you.

Online Resources

Grain Policy Resources

If you have any questions about using or opening these documents, please contact Brett Annexstad or Matt Rettmann at 507-647-6601. 

Markets Via Text


United Farmers Coop offers out customers the ability to recieve futures market updates and cash bids via text!

In order to recieve these text messages, please fill out the form below!  If you have any questions, call 507-647-6601. 
Please select a location that you want your markets from

The Dirt Weekly Newsletter

UFC
December 14, 2018

December 14, 2018

SHORT-TERM PRICE OUTLOOK: CH19 closed slightly lower week-on-week; needs to hold the 100-day MA at $3.795 to maintain upward price momentum...

Dec 14, 2018
UFC
December 7, 2018

December 7, 2018

SHORT-TERM PRICE OUTLOOK: CH19 closed up 7 ¾-cents per bushel on the week; a move up to $3.90 to $3.94 feels possible short-term (see CH chart pg.3)…...

Dec 07, 2018
UFC
November 29, 2018

November 29, 2018

SHORT-TERM PRICE OUTLOOK: CH19 was up 2 ¾-cents per bushel thru Thursday’s close week-on-week; however strong topside resistance sits directly overhead at the 50-day moving average of ...

Nov 29, 2018
UFC
November 2, 2018

November 2, 2018

SHORT-TERM PRICE OUTLOOK: CZ18 closed higher on the week; a retest of the 10/15 day high of $3.78 ½ looks possible on a higher opening next Monday....

Nov 02, 2018

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