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.

Wheat Growers Grain Program
Effective on deliveries starting December 22, 2008

CASH SALE:  Producers can sell spot, or may contract for delivery using a variety of cash contracts.
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.
DP DIRECT: Deliveries may be placed directly into the South Dakota Wheat Growers DP Program.   DP charges will be free on grain delivered into DP on any given week (by midnight Saturday) and priced by noon the following Friday.  Corn and soybeans not priced by that time will be charged 6 cents per month prorated from the day of unload. Wheat not priced by that time will be charged 5 cents per month prorated from the day of unload.  An annual DP program is also available.  A producer electing to participate in the annual DP program is subject to a $0.35 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.   Soybeans on DP not priced by noon on July 15, 2009 and corn on DP not priced by noon November 6, 2009 will be rolled into the fall 2009 DP program in effect at that time.  This DP program is being offered first come, first served on a Station-by Station basis.  Elevator space will 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.
CONDO STORAGE:  Sales of condo storage have been suspended.  This space, which is available on a first come, first serve basis, will be offered for sale for fall of 2009 at a later date. Details will be available on this site when the program becomes available.

Programs subject to change as market conditions warrant.
September 10, 2008


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