|
Grain Programs
Contact your grain marketing location for more information on current DP (Delayed Price) programs.
Cash Sale: Producers can sell spot, or may contract for delivery either flat priced or basis. Floored Average Contracts, E-Market Contracts and Minimum Price Contracts are also available. A producer who wishes to do so may sell his/her grain and defer the payment.
DEFERRED PAYMENT: A producer who wishes to do so may sell his/her grain and defer the payment. South Dakota Wheat Growers offers an exciting Deferred Payment program that pays like a CD with different interest rates for different terms. Details are available at any Wheat Growers location.
Wheat Growers Spring 2010 Wheat Delayed Program
Effective for all wheat deliveries starting July 12, 2010
DP DIRECT: Deliveries may be placed directly into the South Dakota Wheat Growers DP Program. DP charges will be free on wheat delivered into DP on any given week (by midnight Saturday) and priced by noon the following Friday. Grain not priced by that time will be charged 5 cents per month, prorated from the day of unload, with a 5 month minimum. Also available is an annual DP program for a 45 cent one time charge. Producers must notify SDWG prior to noon of the Friday following the week of unload if they wish to participate in the annual DP program. DP wheat not priced by noon July 15, 2011 will be rolled into the Wheat DP program in effect at that time. This DP program is being offered first come, first served on a location by location basis. Elevator space will be limited and some locations may close the DP program as harvest progresses. Reminder, since title to this grain passes to the elevator at time of delivery; LDP’s cannot be taken at a later date if they become available.
The following locations will NOT be accepting WW DP at this time: McLaughlin, Willow Lake, Tulare, West Terminal, Bristol, Wessington Springs, Roscoe, Yale, Cavour, Highmore, and Kennebec
Programs subject to change as market conditions warrant.
July 9, 2010
Programs subject to change as market conditions warrant.
March 26, 2010
Wheat Growers DP Program for Corn
Effective on deliveries starting July 1st, 2010
Effective July 1, 2010, any new deliveries of corn placed directly into the South Dakota Wheat Growers DP Program will be charged 5 cents per month. DP charges will be free if priced by noon of the Friday following the week of delivery. Grain not priced by that time will be charged 5 cents per month prorated from the day of unload. Corn on DP not priced by noon November 5, 2010 will be rolled into the fall 2010 DP program in effect at that time.
This DP program is being offered frist come, first served on a Location-by Location basis. Elevator space may be limited. Reminder, since title to this grain passes to the elevator at time of delivery; LDP's cannot be taken at a later date if they become available.
The DP prgram is subject to elevator space, and may be discontinued at any time. July 1, 2010
.
Free DP on Soybeans at Wheat Growers
Effective March 17, 2010
Effective Wednesday, March 17, any new deliveries of soybeans placed directly into the South Dakota Wheat Growers DP Program will have Free Delayed Price. Soybeans still unpriced in this Free DP Program as of Noon, October 1, 2010 will be rolled into the fall 2010 program in effect at that time. This DP Program is being offered first come, first served on a Location-by-Location basis. Elevator space may be limited. Reminder, since title to this grain pases to the elevator at time of delivery; LDPs cannot be taken at a later date if they become available.
The DP program is subject to elevator space, and may be discontinued at any time, March 17, 2010.
|