COMBAT MARKET VOLATILITY WITH TARGET CONTRACTS
Aug 09, 2019
Do you have a price objective in mind for your grain? Are you expecting yourself to watch the market constantly in order to call your elevator and sell that price when the opportunity arises? What if the market changes before you get to your phone? Time to change the scenario. Put your price objective on paper and let Agtegra watch the market for you—at no cost!
Market volatility can cause rapid swings in futures prices—in a split second the trade can go from up 15 cents to down 10 cents, leaving no time for you to call your elevator and get your grain sold. Having working target orders placed at incremental levels can help you take advantage of short-lived rallies. When the market trades through your offer price, your grain will be automatically sold—even if the market ends up going the opposite direction immediately afterwards!
Whether you are looking to sell cash, lock in basis, or price futures, a target that isn’t entered is a target that you might someday wish you would have. Any bushel amount can be offered for any delivery period: old or new crop. You also have the flexibility to decide how long you want your offer to work for: a day, a week, a couple months—it is up to you. This means you can rest easy knowing that you are active in the market at all hours without constant monitoring.
We understand that it can be frustrating to miss a selling opportunity during a dynamic trading day. Don’t miss out—give your Grain Marketing Specialist a call today to discuss having a plan in place for your target offers.
Market volatility can cause rapid swings in futures prices—in a split second the trade can go from up 15 cents to down 10 cents, leaving no time for you to call your elevator and get your grain sold. Having working target orders placed at incremental levels can help you take advantage of short-lived rallies. When the market trades through your offer price, your grain will be automatically sold—even if the market ends up going the opposite direction immediately afterwards!
Whether you are looking to sell cash, lock in basis, or price futures, a target that isn’t entered is a target that you might someday wish you would have. Any bushel amount can be offered for any delivery period: old or new crop. You also have the flexibility to decide how long you want your offer to work for: a day, a week, a couple months—it is up to you. This means you can rest easy knowing that you are active in the market at all hours without constant monitoring.
We understand that it can be frustrating to miss a selling opportunity during a dynamic trading day. Don’t miss out—give your Grain Marketing Specialist a call today to discuss having a plan in place for your target offers.