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Grain

CPI operates 23 grain facilities in Nebraska with a total storage capacity of 100 million bushels. We are constantly invest in upgrades to ensure we have modern, efficient and safe facilities.

Our strategically placed train-loading facilities enable us to ship grain from almost all of our locations to reach the best train markets available, whether in the export or domestic markets. In addition, our facilities are located close to a multitude of local markets to help facilitate the movement of grain and help satisfy the local demand base.

Train-loading facilities:


CPI Cash Grain Contracts

We offer the following grain contract options at CPI. Click on each type of contract for details.

Delay Pricing Contract

Delay Pricing Contract

DP contracts are utilized by the buyer to help get ownership during harvest or to help facilitate the movement of grain from farm storage to grain elevators during the winter/spring.

Forward Contracts

Forward Contracts

This option enables a customer to commit to a specified number of bushels for delivery during a specific time frame, to a specific place and at a specific price.

Basis Contract

Basis Contract

This contract authorizes the customer to lock in a basis for a specified delivery time, quantity and location. This enables the customer to capture what would be an attractive strong basis and stop monthly charges. One drawback to this contract is that no price protection is afforded, as the futures price has not been established yet.

Futures Only Contract

Futures Only Contract

This allows the seller to lock in a futures price for a specified delivery time, quantity and location. It enables the customer to establish a futures selling price that is attractive to them and within the pricing restrictions of the contract; they can price the basis at a later date. With futures prices being volatile, the customer can lock in the futures to manage that volatility. There is a service charge associated with this, which is due at the time of contract settlement. The service charge varies depending upon commodity and length of time until the contract matures.

Offer Contract

Offer Contract

A customer can leave an offer to sell grain at a price they want for a specific delivery period under this option. This offer can be for any delivery period that we currently have a bid for; it can be left as a good-to-cancel offer, or for any time up to 30 days. The minimum amount for this contract is 500 bushels.

Extended Price Contract

Extended Price Contract

This option allows the customer to deliver bushels and eliminate monthly charges while staying in the market and receiving partial payment. The customer will sell their cash grain and buy a July futures position that CPI will attach to their contract. One drawback to this contract is that there is no price protection, as all risk is in the July futures market. The customer will receive the penny-for-penny change from the time we lock in the July futures price to the time the customer gets out of their July futures position. A service charge of 3 cents per bushel applies.

Average Seasonal Cash Price Contract

Average Seasonal Cash Price Contract

This contract takes the emotion and hassle out of a marketing decision by automatically executing on behalf of the customer. The seller will receive an average cash price in a window when historical seasonal values are typically at the highest. Consistent participation on an annual basis maximizes the customer’s results with the Average Seasonal Cash Price Contract. A 3 cent per bushel service charge applies, which is due at the time of contract settlement.

Average Seasonal Futures Only Price Contract

Average Seasonal Futures Only Price Contract

This contract takes the emotion and hassle out of a marketing decision by automatically executing on the customer’s behalf. The seller will receive an average futures price in a window when historical seasonal values are typically the highest. Consistent participation on an annual basis maximizes the customer’s results with the Average Seasonal Futures Only Price Contract. This allows the customer to set their basis at a later date. There is a 5 cent per bushel service charge associated with this contract, which is due at the time of settlement.

Minimum Price Contract

Minimum Price Contract

This option allows the customer to deliver bushels and eliminate monthly charges while staying in the market and receiving Minimum Price payment. The customer will sell their cash grain and select a futures month strike price and premium price of a CALL option. Option premium plus a 2 cent service fee will be subtracted from the cash grain price to establish the floor “Minimum Price”. If the market rallies, the customer must price the option to receive further payment before the contract or option expires.

Premium Offer Contract

Premium Offer Contract

Coming Soon!

CPI Direct Ship

In today’s volatile and competitive grain market, managing your position can be time-consuming, often resulting in undervalued products. By collaborating with CPI and enrolling in the CPI Direct program, our team of marketers and originators is committed to assisting you in navigating these challenges, ensuring you secure the best deal for your grain while maximizing its value for your operation.

So how does CPI Direct operate? Whether we handle the logistics and have our fleet of trucks pick up grain from your bin site or you choose to deliver the grain yourself to available markets within our trade territory, the service guarantees the most competitive price that CPI can offer for your grain.

By choosing CPI Direct, you’ll discover an invaluable partner in strategically transporting your grain while receiving outstanding service and support. If you’re engaging in direct-to-farm operations, it’s crucial to have the CPI Direct team by your side to ensure seamless execution.

Have Questions?

To learn more about direct ship opportunities, contact the Hastings Merchandising Office

at 402-744-0622 or Contact A CPI Originator

Grain Team

Grain Merchandising

Justin Yoesel
Vice President of Grain

Todd Devries
Grain Merchandiser

Patricia Beard          Grain Merchandiser

Henry Aufdenkamp
Grain Merchandiser

Brad Skiles                Grain Merchandiser

Grain Origination

Jake Engel             
Grain Origination Manager

Denise Kaps            Grain Originator – Northwest

Haley Bankson      Grain Originator – Northeast

Brandon McKay    Grain Originator – Central

Mary Minnick          Grain Originator – Southwest

Ashley Franklin     
Grain Originator – Southwest

Eric Beard                  Grain Originator – South Central

Sabrina Covey     
Grain Originator – Southeast/East

Brea Hostert      
Grain Originator – North/ Direct Ship

Transportation

Lisa Peter 
Transportation Division Manager

Sean Fortune   
Grain Freight Merchandiser

Operations

Andy Klein
Regional Operations Manager

Mitch Woeste
Regional Operations Manager

Grain Locations

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Historical Bids

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CPI is a farmer-owned cooperative headquartered in Hastings, Nebraska.

265 N Showboat Blvd
Hastings, NE 68901

 (402) 463-5148

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