Cash Bids
How Does It Work?
Advantages
Final Outcome
Producer receives the average futures price at the end of the averaging period, minus the local basis and the service fee. AVERAGE PRICE CONTRACT = Average Futures Price at the end of the pricing period - Basis - $0.04 Enrollment Fee
Corn is based off Dec 21 futures Soybeans will use Nov 21 futures
Contact your local CVC merchandiser to enroll