New Crop Wheat Program 2010 Harvest

After Harvest Storage Policy (10 days free)
after 10 days all wheat on open storage must be priced.
AVG will only be accepting Flat Price, HTA or Basis Fixed contracts.
There will be no Delayed Price Progarm for 2010 Spring Wheat. 

Hedge to Arrive under September Futures
            - This will be calculated by locking in September futures during MGE Trading Hours.
            - Basis must be set prior to or at time of delivery.
            - This program will be at no extra cost
            - Protein Scales will be set to scale during time of shipment

Basis Fixed under September Futures

            - This will be calculated by taking current basis under the September futures.

            - Grain under this program will need to be priced out by August 30, 2010, no additional storage charges will apply.

            - Protein Scales will be set to scale during time of shipment.

Prior Contract or Cash Sales

-         AVG will apply to contracts in date order (oldest to newest)

-         All wheat must be sold within 10 days of unload date or AVG will price out those bushels.

Protein Scales

- 20 cents per 1/5 below 14

+ 5 cents per 1/5 above 14

If you have any questions please call Dan Noreen or Ryan Anderson