OVERVIEW
The Central Region Cooperative grain department consists of seven grain receiving facilities located in Buffalo Lake, Cobden, Cosmos, Fairfax, Gibbon, Hector and Sleepy Eye for a combined total of 27 million bushels of upright and ground storage. We also offer year-round on-farm grain pickup. While bids and bid structures will vary between locations due to logistics and marketing opportunities, our ultimate goal is to get you a competitive price.
Grain buying, storage, contracting and direct shipment options are just a few of the services our grain customers can expect. We also provide market alerts to give you access to current market information. We market grain only during Chicago Board of Trade hours – 8:30 a.m. to 1:15 p.m. weekdays (except holidays). All grain must be bought or sold during those hours. Let us explain the options, eliminate the guessing game and provide recommendations that best suit your operational needs. Make the Central Region Cooperative grain team your first and only call when you’re looking to buy or sell grain.
Click on the item below for more information our offerings and services
CASH BIDS & FUTURES
Grain purchasing hours at all Central Region Cooperative locations are 8:30 a.m. to 1:15 p.m. Monday through Friday, unless markets are closed. Click on the icons below to view our current cash bids and futures. To sign up for Cash Bid alerts via text or e-mail, please call Tanar at 320-833-3006.
www.cmegroup.com/Copyright © 2018. All market data is provided by Barchart Solutions.
Futures: at least a 10 minute delay. Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.
GRAIN CONTRACTING OPTIONS
We are proud to be able to offer a wide variety of grain contracting options at Central Region Cooperative.
If you have specific questions about the contract offerings below, reach out to our grain team.
Cash
You are quoted price for a specific delivery period.
Forward
Allows you to sell grain for a favorable price for future delivery
Price Later
You deliver and transfer ownership of grain to elevator without setting a sales price
Hedge To Arrive
Allows you to lock in a futures price leaving the basis to be set at a later time. A service fee may apply.
Average Season Price (HTA)
From the pool of participants, one contract is sold at the Wednesday close every week for 26 (or 22) weeks. At the end of the 26 (or 22) weeks, an average price is determined for all contracts and you would receive that average price for your contract.
Basis
You lock in a favorable basis with the elevator leaving futures price to be set later. Delivery date and quantity negotiated with the elevator at a later date.
Target Price Contract
Submit a firm offer price you would like to sell at within six months and we watch the market for you making the sale when the market hits your targeted price.
Minimum Price Deferred Payment
Allows you to sell cash grain typically around harvest and buy call options in a deferred month to reduce storage fees. Call a merchandiser for specific details.
Deferred Payment
Allows you to take payment for your grain in the desired tax year while transferring ownership of the grain to the elevator at delivery.
