The Equalizer
® pricing system is done according to an averaging formula in which a portion of the total remaining un-priced bushels are priced each day the CME is open, trading, and above certain thresholds. The increment to price equals the un-priced bushels remaining divided by days remaining in the pricing period. The customer chooses a delivery period and then decides how many bushels to put into the contract. The Traditional system also allows you to fix the basis either daily, or at your discretion.