AVERAGING CONTRACT 2024
Starting soon
Pricing period April 12th 2024 – July 12th 2024
Frequency: Daily
Cost: 7 cents / Bu
Historically seasonal highs are from April to July. This strategy can take advantage of those potentially higher seasonal values.
How it works:
For a 1,000bu contract. Each day the market trades roughly 16.4 bushels will be priced at that day’s closing price. On the last settlement day, you will have one contract for 1,000 bushels at the average futures price. Increasing your contract amount increases your number of daily bushels priced, i.e. 5,000bu in would price roughly 81bu a day. Contracts below 5,000bu will be converted to a Cash Buy contract with basis/delivery set to your choice of our three locations. Contracts over 5,000bu will also have the option to be converted to a HTA (futures Only contract) with an open destination, meaning it can be delivered as a Cash Direct to any processor or rolled to the next futures month. Contracts converted to a HTA will be subject to conditions of that contract.
View More Information Here
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2024 PRICE LATER
PROGRAM
DEC 11, 2023 – SEP 30, 2024
(Applicable only to bushels delivered on or after Dec 11, 2023)
#2 Yellow Corn or Better
15.0% or less moisture
If over 15.0% regular shrink and drying cost applies
Soybeans
13% or less moisture
If over 13.0%, regular shrink cost applies
NO Storage or Service Fees
Must be priced before 12:00 pm on September 30th 2024
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Tama Benton offers a wide variety of contracts including Hedge to Arrive, Averaging, Accumulators, and Bonus Premium.
Please call for quotes.
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JOIN US
at the
CONFIDENCE IN CONSERVATION
OPEN HOUSE
MARCH 19TH
10:00 AM—1:30 PM
Norma Anders Public Library
320 Main St., Dysart, IA 52224
RSVP by March 8th @ 515-776-2764 or john.rathbun@iowaagriculture.gov
Click Here for more details.
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We've made some BIG improvements to our
Tama Benton Coop Dysart office building, and
we want to show YOU!
JOIN US at the
DYSART OFFICE OPEN HOUSE
MARCH 25TH
3:00 PM—5:00 PM
TBC Dysart Office
504 Estelle St., Dysart, IA 52224
View our flyer or visit our Facebook event for more details.