PROFESSIONALLY MANAGED PROGRAMS


Professionally Managed Programs Product Overview

CGB Grain Market Solutions logo in black and goldThe Professionally Managed Pricing Contract is a contract that will price according to the views and analysis of CGB’s Risk Management professionals. Have you ever wanted to use the full spectrum of futures and options to market your crop? These professionals will utilize their network of global traders and information to analyze market conditions and risk to price the CGB customers’ designated bushels using various trading strategies.


 

Reasons to Use PMP to Price Your Grain

  • Great insight into what CGB is seeing in the markets and how we hedge your grain.
  • Can assist you in marketing decisions for the rest of your production.
  • The Weekly Updates include commentary about the position adjustments and what we see in the market over the past week direct from the traders of the program.
  • This is a great way to diversify who hedges your production and allows you to focus on the many other demands of your business.


 

More Specifics

  • For delivery window options, please contact your CGB Account Manager.
  • Customer is responsible for setting basis that coincides with the selected delivery window and delivery location.
  • Weekly updates on program results will be posted on CGB Online.
  • Price out provision is available with 24 hour notice.


 

2017-18 CROP YEAR PROGRAMS OFFERED

Commodity Futures Month Delivery Period Sign Up Window Pricing Period Program Cost
Corn Sep 2017 Jul/Aug Ends 12/31/16 1/2/17 - 8/25/17 $0.07/bushel
Corn Dec 2017 Sept/Oct/Nov Ends 12/31/16 1/2/17 - 8/25/17 $0.07/bushel
Corn Mar 2018 Jan/Feb Ends 12/31/16 1/2/17 - 8/25/17 $0.07/bushel
Corn Dec 2018 Sep/Oct/Nov Ends 12/31/16 1/2/17 - 8/24/18 $0.10/bushel
Soybeans Nov 2017 Sep/Oct Ends 12/31/16 1/2/17 - 8/25/17 $0.07/bushel
Soybeans Nov 2018 Sep/Oct Ends 12/31/16 1/2/17 - 8/24/18 $0.10/bushel
Wheat July 2017 May/June Ends 12/31/16 10/17/16 - 5/26/17 $0.07/bushel

Historical Crop PMP Performance

PMP Program PMP Value Final Price vs. Final
2014 Corn 4.56 3.30 1.26
2015 Corn 3.93 3.88 0.05
2016 Corn 3.70 3.32 0.38
2016 Corn Portfolio 3.815 3.32 0.50
2016 Corn (2yr)* 3.88 3.73 0.15
2015 Wheat 5.42 5.10 0.32
2016 Wheat 5.14 4.35 0.79
2014 Soybeans 11.62 9.16 2.46
2015 Soybeans 10.14 8.77 1.37
2016 Soybeans 9.00 9.74 -0.74
2017 Soybeans (2yr)* 9.26 9.32 -0.06
* as of 8/26/16

Total Value Added to Customer 6.48
Average Value Added 0.59