2014 ANNUAL PRODUCER WORKSHOPS
Come to one of our convenient locations to find out:
*Cost of Production*
2/10: Dummer's Grain Service at 11am You missed this one choose one of the following!
2/11: Beedles (Centerville) at 11am Good response from those who attended
2/12: Poor Richard's Cafe (Blair) at 11am New contracts highlited the discussion here
2/13: Safehouse Bar & Grill ( Dodge) at 11am Cost of production & contract sample worksheets
2/17 Buck Country Grain ( Arcadia) at 5:30pm Navigator & Average Price contracts are a win win
2/18: Avalon Hotel & Conference Center (Chippewa Falls) at 11am Price old crop THINK PROFIT
2/19: Dummer's Grain Service at 5pm Submit Target Price Offers now for old and new crop
2/20: Hillbilly's Grill & Saloon (Ettrick) at 11am Navigator and HTA contract details discussed
2/21: Dummer's Grain Service at 11am Still time to attend one of our upcoming workshops
2/24: Dummer's Grain Service at 5pm Profit talk and new contracts
2/25: Family Farm Market (Eleva) at 11am Target Price Offers and Navigator highlited
2/26: Riverview Lanes (Arcadia) at 5:30pm Averager Contract and cost of production
2/27: East End Bar & Grill (Independence) at 11am Navigator and Target Price Offers
3/4: Mondovi Family Restaurant (Mondovi) at 11am Basis and futures markets
3/6: Norske Nook (Osseo) at 5:30pm Target Price Offers working on your behalf
3/11: Waumandee Country Store at 11am
3/13: Dodge Street Grill (Whitehall) at 11am
The winter is a great time to plan for the 2014 crop or make a marking plan for your unpriced bushels. Stop by one of our offices to let us help you calculate your cost per acre, return on investment, or target price.
WHAT CAN I FIND ON THE CUSTOMER ACCOUNT LOGIN TAB.
Need to know how many loads of grain you delivered? How many bushels remain on your contract? What my tickets and prices are on my settlement? Go to the Customer Account Login tab on the left side of our website. You will need to call one of the offices to obtain a user and password to access your account securely.
WHAT IS DEFERRED ASSESMENT FEE?
As per Wisconsin statutes 126.15 (6) This is a fee imposed by the State of Wisconsin for any grain which is not paid for when delivered.This includes price later contracts and deferred payment contracts. A price later contract does change ownership of the grain from producer to Buck Country Grain, therefore a fee is deducted from gross proceeds at the time of pricing. The calculation is gross dollar value x $0.0035
WHAT IS A HEDGE TO ARRIVE CONTRACT?
A contract in which the farmer initially sets a futures price with the basis to be fixed later; cash price is determined by prevailing basis at the time of pricing. Pricing must occur on or by delivery. Change of ownership occurs upon delivery of grain.
PRICE LATER OR DEFERRED PAYMENT CONTRACT: WHICH SHOULD I CHOOSE?
The main difference between the PLC and deferred payment contract is this:
- Bushel amount: deferred payment a set amount of bushels is established, PLC you are able to adjust bushels after delivery
- Price is established for the deferred payment at the time of contracting, PLC you have a set amount of time to price your bushels (this also involves a service fee)
CHECK OFF WAS DEDUCTED FROM MY CHECK... WHAT IS THIS?
Check off is a required deduction by the USDA - the funds are used to promote and do research on that particular commodity. Funds are used to improve market position of the covered commodity by expanding markets, increasing demand and developing new uses.
We offer online access to your account! You can view your settlements, scale tickets, and contracts! You can set this feature up by calling one of our offfices!
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Never hesitate to call with questions or concerns!