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Physical Address:
E. J. Iddings Agricultural Science Laboratory, Room 10
606 S Rayburn St

Mailing Address:
875 Perimeter Drive MS 2332
Moscow, ID 83844-2332

Phone: 208-885-7982

Fax: 208-885-9046

Email: calspubs@uidaho.edu

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Managing Price Risks Using Grain Contracts

BUL1055

August 28, 2023

Managing price risks in commodity markets is a complex task. Indeed, grain producers must think globally, which is always a challenge. Sharpen your marketing strategies by learning the basic terminology involved and the common marketing tools that local elevators and co-ops offer, including cash contract, hedge-to-arrive, basis contract, minimum price, price later and average price. Best-use cases and hypothetical scenarios, illustrated with tables, will help improve how you run the numbers. By familiarizing yourself with these tools, you will more effectively navigate the ever-evolving dynamics of the wheat market.

Authors: Tyler Hand, Xiaoli Etienne

8 pages

Managing Price Risks Using Grain Contracts

Contact

Physical Address:
E. J. Iddings Agricultural Science Laboratory, Room 10
606 S Rayburn St

Mailing Address:
875 Perimeter Drive MS 2332
Moscow, ID 83844-2332

Phone: 208-885-7982

Fax: 208-885-9046

Email: calspubs@uidaho.edu

Location