Conventional Sales Contract
What is it?
Conventional Sales Contract locks in the price of your basis and your futures. It establishes the exact amount that you will be paid for your grain including the delivery period.
Benefits
Gives you the final price and defines your delivery period.
To take into consideration
It’s possible that the price of the market increase after you close it.
When to use the sales contract?
Use it when the market price meets your needs.



