Grain Contracts

Don’t leave your grain marketing to chance.

Viterra has a wide variety of contracts to help you develop a disciplined risk management plan for marketing your grain.

Target Price Agreement

Viterra’s Target Price Agreement (TPA) allows you to select the basis, futures on an existing basis contract or net price you would like to achieve without having to monitor the ups and downs of the market.  And with our new online TPA service, it's easier for you to market your grain using your myViterra account.

Viterra Risk Management Contracts

Futures Tracker™

The Futures Tracker contract allows you to monitor price fluctuations in the futures market to provide you the benefit of those values. Viterra will track the daily futures closing prices over your chosen time period in order to determine the average of those daily values, which will govern your final futures price for your contract.

Futures Tracker™ - Floor

The Futures Tracker™ - Floor contract is a low risk marketing option that allows you to establish a floor price based on the current canola futures price, while still having the opportunity to participate in a rising market.

Minimum Price
A Minimum Price contract provides you the protection of a guaranteed minimum price for your canola and also allows you to participate in a strong futures market rally.

Premium for Offer

Viterra will pay you a premium for an initial delivery of your canola in exchange for a firm offer to sell us an equal quantity and quality for future delivery at an established price.

Grain Pricing Agreements

Basis
A basis contract lets you lock in a basis level on a specific quantity and quality of grain for a specified delivery period, but leaves the futures price open until a later time.

Fixed Futures
A fixed futures contract allows you to fix the futures price and delivery period on a quantity of grain leaving the basis open.  This agreement must be completed during market day trading and liquidity of futures months.

Deferred Delivery Contract

This deferred delivery contract allows you to lock in a basis and futures price, establishing a net price and delivery period for a specified quantity and quality of grain. 

To learn more about our Production Planner program, contact a customer sales representative at a Viterra facility near you.

2012-05-08