Traditional Contracts

The basics of grain marketing.

Simplify your grain marketing and sell with confidence.

Adding diversification to your contract portfolio doesn’t have to be complicated. These traditional contracts are a simpler way to lock in your basis or futures price component while capturing upside potential in a volatile market. 


Compare Traditional Contracts 

Futures First

Help eliminate risk in a volatile market. Eliminate the downside risk of the futures market and set your basis on a later date.

  • Secure futures price and delivery period to help eliminate market uncertainty and risk.
  • Set basis on or before your delivery period.
  • Final cash price is the futures price component adjusted for basis.
Use when the market is:
  • Bear


Lock in a future reference price similar to a traditional No Basis Established (NBE) contract. Use this contract if you desire an easy and convenient way to lock in a futures reference price on your grain for up to 24 months out during times when traditional No Basis Established contracts might not be readily available.

  • Lock in a futures reference price past timing typically available with traditional No Basis Established contracts.
  • No minimum volume or margin requirements.
  • Flexibility to establish the basis at any time prior to delivery subject to local policies.
Use when the market is:
  • Bear

Fixed Basis

Explore pricing alternatives. A great contract if you like the current basis value but are bullish on the futures market. Work with your Cargill rep to learn more about futures pricing.

  • Secure basis value with corresponding delivery period.
  • Set futures value on or before delivery.
  • Final cash value determined when futures is set.
Use when the market is:
  • Bull

Grain Pricing Order

Don’t miss out on a sale. Use this contract when you have a price you’re targeting and don’t have time to watch the markets. Instead of following the market, let the market come to you.

  • Capture an attractive futures price when you believe the market won’t reach that level later.
  • Reserve space for future delivery.
  • Establish the basis when you’re closer to the delivery date.
Use when the market is:
  • Bull

Deferred Delivery

Sell now. Deliver later. Use this contract when you’re comfortable making pricing decisions ahead of delivery and can manage production and quality risk. You can lock in a guaranteed price for your grain today and deliver in the future.

  • Lock in an attractive futures price when you believe prices have reached their peak.
  • Reserve space for future grain delivery and defer payment to a new tax year.
  • Synchronize delivery and cash flow requirements.
Use when the market is:
  • Bear

Traditional contracts in a diversified grain marketing plan. 

Traditional contracts are a great option if you’re new to grain marketing and are just getting started adding diversification to your plan. Whether you’re bullish or bearish about the market and basis levels, these contracts can give you the certainty you’re looking for while allowing flexibility to capture upside potential.