Is it for me?
You like today's futures price, but you think
local basis levels will improve and don't mind waiting to deliver.
How does it work?
Lock in the futures price now with your local G3
elevator. Wait to lock in your basis and delivery period until they are right
What should I think about?
- Futures generally comprise the vast majority of
your price. Once you lock in your contract, if futures prices rise or fall, the
futures component of your price will not change.
- Basis levels can fluctuate due to a variety of
factors, including local supply relative to available local elevator space, and
Go here to learn more, or contact your local G3 elevator.