FUTURES ONLY


DESCRIPTION

On the Futures Only Contract, the initial contract establishes the bushel amount, the delivery period and the futures price. The basis must be locked in prior to delivery. Once the basis has been locked in, the contract becomes a cash contract.


 


ADVANTAGES

    • Locks in good futures price while waiting for an opportunity for basis gains.
    • Can be rolled into another futures month within the same marketing year to change the desired delivery period for a fee.
    • Does not require the producer to open a futures account.

 

FURTHER SPECIFICATIONS

    • Must be sold during regular CBOT trading hours.
    • Potential for basis loss.
    • Might require that you delay delivery while waiting for a desired basis rally.
    • Require seller to market grain a second time (setting basis).

 

ABOUT US

CGB has been an innovative and progressive leader in the grain and transportation industries since 1969. Today, CGB Enterprises operates an enterprise overseeing a diverse family of businesses that provide an array of services for producers and logistics services for a global base of customers.

 

CONTACT INFO

  • Address : 1127 Hwy 190, East Service Road Covington, LA 70433
  • Phone : (985) 867-3500
  • Fax : (985) 867-3506

CAREERS

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