Grain

Policies & Forms

One place for contracts, policies, discount schedules, and downloads

Find the contract options, harvest policies, schedules/discounts, and forms you need to market and deliver grain with confidence.

Central United Coop serves sixteen receiving locations—Bird Island, Brownton, Buffalo Lake, Cobden, Cologne, Cosmos, Fairfax, Gibbon, Hector, Klossner, Lesueur, Litchfield, New Ulm, Sleepy Eye, and Winthrop—with 46 million bushels of combined storage.

Grain is bought/sold during CBOT hours: 8:30 a.m.–1:15 p.m. (Mon–Fri, market days).

Grain Contract Options

  • Cash

    Quoted price for a specific delivery period.

  • Forward

    Sell grain for a favorable price for future delivery.

  • Price Later / DP (Delayed Price)

    Deliver and transfer ownership to the elevator; sales price is set later.

  • Hedge To Arrive (HTA)

    Lock in futures now; set basis later (service fee may apply).

  • Average Season Price

    One contract sold weekly at Wednesday close for 26 (or 22) weeks; you receive the final average.

  • Basis

    Lock basis now; set futures later (delivery date/quantity negotiated).

  • Target Price Contract

    Set a firm offer (within six months); sale executes when the market hits your price.

  • Minimum Price Deferred Payment

    Sell cash (often around harvest) and buy call options in a deferred month to reduce storage fees (ask a merchandiser).

  • Deferred Payment

    Take payment at a future date on delivered and priced grain.

  • Open Storage

    Patron retains ownership of delivered grain. Can take a warehouse receipt, can apply to forward contracts, and can load out upon request. $.06/ Month No Minimum Charge, grain is charged a daily rate until bushels are sold.

Tools & Worksheets

Profit Analyzer and Crop Comparison Spreadsheet are available to help evaluate strategies.

Harvest Policies

Policy highlights for delivery and storage:

Harvest Policies

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