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](/-/media/uidaho-responsive/images/extension/publications/images/bul1055.png?la=en&rev=f0380fb1f9d3451e8d98ee67d3572100)