Grain Marketing & Pricing
The 2018 FBN Independent Hedge-to-Arrive Contract (iHTA™).
Lock-in a futures price without getting locked into a single buyer's basis.
How the FBN iHTA Works
- You lock-in a futures reference price with FBN just like you would with a traditional HTA
- You maintain the freedom to deliver to any buyer allowing you to shop around for the best basis offer
- You deliver grain to the delivery location of your choice under Farmers Business Network's name. We pay you the futures reference price + basis +/- any discounts or premiums and fees
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FBN iHTA Benefits
- Lock in your futures price early: lock in a desirable futures price for delivery at any point in the 2018 crop marketing year
- More marketing flexibility: with an iHTA farmers have the flexibility to deliver their grain to the most desirable buyer in their area
- Technology enabled: we keep an eye on basis markets to help farmers find the right time and location for delivery - enabling farmers to track hundreds of buyers’ prices at once
- Experienced negotiation power: we have an experienced Grain Buyer on staff to conduct negotiation on behalf of farmers if they want support in doing so
Key Pricing Details
- Pricing: the following time-dependent prices are available to qualified members in markets where FBN CM is licensed to buy grain
- Rolling: farmers can request to roll their contracts one time per year, for a fee of $.02, plus the spread between existing and new contract fees
- Prices are subject to change at any time.
Interested in an Independent Hedge-to-Arrive Contract? Call 844-200-FARM