Effective 10/18/16, All CHS Marshall grain locations will only be accepting beans 13% and lower. With elevator capacity filling up our only outlet is the rail market and they have a strict 13% policy. We want to insure we make grades and due to that we will be unable to accept any beans in excess off 13% for the remainder of harvest. Please call either myself or our General Manager with questions, our numbers are listed below.
Joel Wiering Kent Mulder
CHS Marshall Regional Grain Department Manager CHS Marshall Regional General Manager
Office: 507-658-3450 Office: 507-532-3246
When commodity markets turn volatile, pulling the trigger gets tougher. Grain producers looking for a seamless way to diversify – and simplify – their marketing have one more choice with CHS Pro Advantage.
This contract allows a grower to pledge a specific quantity of bushels to be professionally priced over a specific period of time, essentially taking the emotion out of selling. Bushels are priced by the trading professionals at CHS Hedging-owned Russell Consulting Group.
“The 2016 crop year was our inaugural offering for CHS Pro Advantage and we saw a tremendous interest from farmers who wanted to take advantage of pricing by experts who have a track record of success,” says John Whittle, merchandiser, CHS Grain Marketing NA.
“It’s important to remember the basis decision remains with the grower,” says Kent Beadle, marketing manager, Russell Consulting Group. “The settlement price to the grower is based on the performance of the futures and options hedges traded by our licensed brokers.”
Contract participants receive regular email updates about marketing progress and there is a price-out option available at any time during the pricing period.
Enrollment for CHS Pro Advantage corn, soybean and spring wheat bushels is now through Dec. 14, 2016. With one and two-year sign-ups, growers can enroll 2017 as well as 2018 bushels. Contact your local grain merchandiser for more details. Remember, there is a risk of loss when trading commodity futures and options.
Our grain receiving hours will change with the weather so please use the “HARVEST HOURS” tab at the top of the home page or call:
Ruthton 507-658-3450, Tracy 507-629-3780, Elkton 605-542-2371, Marshall 507-532-3246