Soybean Contracts 12/17/10 3:35:38 PM
Besides Cash and Basis contracts, we offer the following:
HTA- The fee for an HTA contract is $.05/bushel. We take this fee off the futures price at the time the contract is written. We allow the contract to be rolled ONE time during the crop year at a service charge of $.03/bushel.
DP- We currently are not offereing DP contracts.
Spot Price-Since we take beans 24/7, we have established the following policy on spot bushels:
- If the beans are received before 2:30 p.m., you will receive the closing price for the day.
- If the beans are received after 2:30 p.m., you will receive the closing price for the overnight session the following morning.
- If the beans are received during the weekend (Between Friday at 2:30 p.m. and Monday at 8:15 a.m.), you will receive the closing price for the overnight session on Monday morning.