Minimum Price Contracts
Minimum Price is a way to stay in the market for a rally that provides a price floor and immediate cash flow.
Here's how it works. Step 1: Sell the grain.The cash price minus the contract fee is your minimum price. You will never receive less than this price. You can take payment upon delivery or defer it - your preference. Step 2: Stay in the market for a futures rally.You will be eligible to receive any increase abouve a certain futures price between the day you sell and the contract expiration date. Contract fee depends on how long you want to stay in the market. WHen you price the contract, you recieve the increase in futures immeidately.
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