Grain
CPI operates 23 grain facilities in Nebraska with a total storage capacity of 100Ā million bushels. We are constantly investing 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 customerās 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 customerās 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 customerās 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 3 cent service fee will be subtracted from the cash grain price to establish the floor āMinimum Priceā. 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!