| NEW VISION CO-OP CONTRACTS | |||||||||
| Last Updated: | 1/21/08 | ||||||||
| Availability of these contracts is based on demand. These contracts may fill up at any time. | |||||||||
| For more information please contact Deny Wolff. | |||||||||
| Office: 507-376-4113 ext 18 | |||||||||
| Cell: 507-360-3959 | |||||||||
| Corn | |||||||||
| Soybeans | |||||||||
| Contract Descriptions | |||||||||
| Corn | |||||||||
| Floored Opportunities | Start Date | End Date | Duration | Futures | Pricing Day | Ceiling Price | Floor Price | ||
| No contracts available at this time | |||||||||
| Accumulator | Start Date | End Date | Duration | Futures | Pricing Day | Fixed High | Knock Out | ||
| No contracts available at this time | |||||||||
| Return To Top Of Page | |||||||||
| Soybeans | |||||||||
| Floored Opportunities | Start Date | End Date | Duration | Futures | Pricing Day | Ceiling Price | Floor Price | ||
| No contracts available at this time | |||||||||
| Accumulator | Start Date | End Date | Duration | Futures | Pricing Day | Fixed High | Knock Out | ||
| No contracts available at this time | |||||||||
| Return To Top Of Page | |||||||||
| Contract Descriptions | |||||||||
| The Floored Opportunity Contract - Old Crop Only | |||||||||
| This Contract establishes a floor price for 1/2 the bushels committed and gives the opportunity to price bushels at the ceiling price, providing the market is above the floor price on the pre-scheduled pricing dates. The pre-scheduled pricing dates will occur on one set day each week for the contract duration. On the last pricing day, if the market closes above the ceiling price then there will be a double up commitment with an additional Hedge to Arrive contract established to match the original committed bushels. The most this contract can price is double the original committed bushels priced at the ceiling price. The least amount of bushels that can be priced is 1/2 the original committed bushels priced at the floor price. | |||||||||
| The Floored Opportunity Contract - Old & New Crop | |||||||||
| This Contract establishes a floor price for 1/2 the bushels committed and gives the opportunity to price bushels at the ceiling price, providing the market is above the floor price on the pre-scheduled pricing dates. The pre-scheduled pricing dates will occur on one set day each week for the contract duration. A secondary pricing for new crop will occur based on the original bushels committed for old crop pricing. This new crop pricing will be established in advance on one given day at the close, only if the market is above the preset strike price on that date. The most this contract can price is 100% of the old crop committment and an additional sale for new crop for the original committed bushels. The least this contract can price is 1/2 the original committed bushels for old crop. | |||||||||
| The Accumulator Contract | |||||||||
| This contract prices bushels weekly on a pre-scheduled pricing day. As long as the market never touches the pre-determined knockout price at anytime during the week, night or day trade, the bushels will price at the fixed high. If the market closes above the fixed high on the pre-determined pricing dates then the weekly-allotted sales will double for that week only. If the pre-determined knockout price is touched at any time the averaging is stopped and whatever has priced to that point will be at the fixed high, the remainder of the bushels that are left to price are still open and must be priced through New Vision before the end of the contract's marketing year. | |||||||||
| Other Contracts | |||||||||
| Additional pricing tools are available that do not double up bushels and can be used in lieu of these contracts. Please contact Deny Wolff for more information. | |||||||||
| Return To Top Of Page | |||||||||