FR
GRAIN
MARKETING

Basis First Contract

Is it for me?
You know when you want to deliver, but you're bullish on futures markets.

How does it work?
Lock in the basis price, delivery period and reference grade at your local G3 elevator. Select your futures price later.

What should I think about?

  • If basis levels (including grade spreads) change, for better or for worse, the basis component of your price will not change.
  • It is not unusual for futures to comprise over 90% of your final price. This component of your price will rise and fall with the markets until you lock it in.

Go here to learn more, or contact your local G3 elevator.