DAILY FLOOR PLUS
Price, Participate and Protect
If you want the chance to sell priced bushels above today’s current market, and still have an established guaranteed minimum futures floor price, the Daily Floor Plus contract may be the right choice for you.
What is it?
The Daily Floor Plus contract establishes your futures reference price by pricing an equal portion of your bushels every day during a specified pricing period at a Plus Price, which is often above today’s current market. If the market price for the futures reference month trades at or below a Trigger Price, any remaining bushels will be priced at a guaranteed minimum Floor Price. In exchange for this pricing, you agree to a conditional firm offer for a like quantity. Your conditional offer will automatically be cancelled if the Trigger Price trades.
What are the advantages of the Daily Floor Plus contract?
On the first day of the pricing period you will sell priced bushels at an attractive level
Provides a plan with a guaranteed minimum if the market drops
Reduces stress, frustration, and risk in marketing grain
Download: Daily Floor Plus