|
|
AgriVisor, LLC
www.agrivisor.com 08/02/10 12:43:34 PM
Western Grain Marketing, LLC has partnered with AgriVisor, LLC to provide marketing tools to market your grain. AgriVisor is a farm marketing service, developed to serve the marketing needs of farmers. Their advice and recommendations focus on a single objective; improving farmer returns. They provide a powerful range of solutions for today's risk management challenges.
|
Click on the link above to see updates on AgriVisor contracts correlating with the current markets. Also included are some other options available for old crop pricing. This link will be updated as the market dictates.
|
Crossover Range
- Bushels are priced daily: amount of bushels divided by marketing days in the contract.
- Has an at-the-money floor (guaranteed price).
- Bushels will be priced at the cap as long as the market stays above the barrier.
- If the market touches the barrier price, the program is over and bushels priced up to this point are priced at the cap price. Remaining bushels that are unpriced will get priced at the guaranteed price. The offer will not be exercised.
- If the market does not touch the barrier, and the market is at or above the cap price on the end date of the contract, the offer will be priced in addition to the enrolled bushels.
- Investment cost: 10 cents at settlement
Click here to learn more on the Crossover Range (CZO).
Crossover Floor NT (Next Target)
- Bushels are priced daily: amount of bushels divided by marketing days in the contract.
- True floor with upside potential to the NT price.
- When the market is above the floor, producer prices at the NT price.
- There is an offer at the NT price on the end date of the contract. If the market is at or above the NT price on the end date, the offer will be priced in addition to the enrolled bushels.
- Investment cost: 10 cents at settlement
Click here to learn more.
Insight
- Your enrolled bushels will be marketed by the Marketing Analysis Team at AgriVisor.
- Get a phone blast when AgriVisor sells your bushels.
- Monthly e-mail to update you with your enrolled bushels.
- Marketing time frame: January 5 to September 17 of 2010
- Investment cost: 10 cents at settlement
- New enrollment for 2011 Insight will begin in August of 2010.
Click here to see current 2010 pricing levels.
Thank you for participating in the AgriVisor Insight Program. In addition to the E-Alerts we send out and in an effort to enhance our communications to our clients, we wanted to provide you with an update of the current market value of your position.
As of August 1 the AgriVisor Insight™ Program in corn is currently 64% hedged with a floor at $4.21, giving the Insight program cumulative average of $4.17 based off the December 2010 Corn Futures. The AgriVisor Insight™ program for soybeans is currently 68% sold with a floor at $10.48, with cumulative average of $10.35 based off the November 2010 Soybean Futures.
Keep in mind, will have 100% of the bushels priced off of CZ0/SX0 futures by September 15th. Our goal is to provide our customers with a means of diversifying the way they market their grain. If you have old-crop bushels to sell, or you are not comfortable with the amount of new crop that you have sold and would like to entertain the idea of locking in a floor price while maintaining upside potential, give your elevator a call or call us at 1.800.676.5799 and we'll have one of our Risk Management Specialists contact you to see if we can help.
We appreciate your participation in the AgriVisor Insight™ program and look forward to helping you diversify the way you mange price risk for your farming operation.
Best Regards,
The AgriVisor Team
|
|
|
