DUMMER'S GRAIN SERVICE |
N6673 CO RD XX, HOLMEN WI 54636 608-526-9277 |
HOURS MONDAY-FRIDAY 8AM - 4PM SATURDAY-SUNDAY CLOSED
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Contract Options Target Price Offers (TPO) This is an offer to sell your grain or buy grain from us at a firm price and designated delivery period. This offer is flexible and may be canceled prior to pricing. This contract takes the emotion out of pricing decisions and allows you to make market decisions in a business manner. There is no fee for this service. Purchase Contract (PC) This contract is the basic contract for the purchase of grain. The farmer has a quantity of grain on hand and wishes to set a definite price and time period of delivery. There is no fee for this service. Navigator Contract (NC) This contract allows you to sell your grain and still stay in the market by re-establishing futures price, then pricing out your futures at a later time. The resulting gain or loss in the futures market is your gain or loss. 3-cent fee for this contract. Paid 50% at time of delivery. Deferred Payment (DP) This contract is similar to a Purchase Contract. There is a set bushel amount, price, and delivery period. The only difference is the contract will be paid out at a later date, often times after the first of the year. Averager (APC) This contract allows you to price your grain over an extended period of time. Pricing is done once per week for a predetermined amount of week. You can opt. out of this contract during the averaging period and a three-cent fee will be assessed. Sales Contracts (SC) This is a firm offer to buy a predetermined price and for a predetermined delivery time and established number of bushels of grain. This contract can be written as a forward sales contract. There is no fee for this service. Basis Contracts (BC) This contract allows you to lock in the basis but not the futures price. This contract changes ownership of the grain from farmer to elevator upon delivery. There is no fee for this service. Hedge to Arrive (HTA) This contract allows you to lock in the futures price but not the basis. There is a 2-cent fee for this service. Basis must be set prior to delivery. One roll is allowed for a 2-cent fee. If there is no established contract, the cash price will be paid on the day the grain was delivered. The cash price is established at 1:30 PM upon market close.
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Holmen, Wisconsin (54636)
Forecast
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Thursday
25°
-1°
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Friday
24°
7°
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Saturday
12°
-11°
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Sunday
36°
5°
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Monday
32°
19°

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A Great Event For A Great Cause
- Cotton Fades on Wednesday Trade
- Cotton trading ended the day with 21 to 61 point losses. New crop’s March contract was down by just 6 points at the close, though preliminary OI there was just 4,988 contracts as of 1/31. USDA’s monthly Cotton Systems report showed December consumption was 449 RBs. That was down from...
- April Hogs Fade to Within 13 Cents of October Low
- Lean hog futures dropped by triple digits past the Feb contract’s 90 cent drop. April led the way with a 2.46% loss, and got to within 13 cents of the October low. USDA’s National Average Base Hog price was $71.19 in the PM update, which was up by 70 cents....
- Cattle Fade after Inventory Report
- Reaction to the Semi-Annual Cattle Inventory report left the live cattle futures market 35 to 80 cents in the red. Feeders dropped by triple digits in the reaction, with March giving back 1.56% on the day. USDA saw no cash trade for the week through Wednesday. The CME Feeder Cattle...
- Midweek Wheats Close Higher
- After trading through midday with losses on Wednesday the market went home mostly in the black. The March SRW contract was 1 1/2 cents lower at the bell, but the other nearby contracts were up by as much as 2 cents. KC HRW prices closed with 4 to 5 1/2...
- Meal Closes in Black
- Soymeal found afternoon strength and closed in the black with gains of as much as $1.80/ton in the front months. Soybean futures also settled off their lows, but stayed 10 3/4 to 17 3/4 cents in the red for old crop and 2 1/2 to 7 3/4 cents in the...
- Corn Futures Close Black on Wednesday
- Corn prices settled with gains after trading weaker through midday. New crop led the way and ended up by a nickel, as old crop prices closed 1 to 2 3/4 cents higher. The new crop soy/corn ratio was 2.281 going home. Monthly NASS data showed 425.283 mbu of corn was...