Grain Bids

Cattle Empire Corn Bids.....(Per Bushel)

Last Updated April 30, 2008
Please view terms and conditions below.

Delivery Points
Satanta, Ks.
Yard #1, #2, #3

Dry Corn

HMC

Delivery Month

Year

Futures/
Month
Basis
May 2008 JULY .23
June 2008 JULY .36
July 2008 JULY .40
Aug 2008 SEPT .36
Sept 2008 SEPT .40
Nov 2008 DEC .20
Dec 2008 DEC .25
Jan 2009 MAR .20
Feb 2009 MAR .24
Payment
Date
Harvest Year Future/
Month
Basis
Apr 2008 MAY -.15
Price & Paid By Nov. 15 2008 DEC -.13
       
Terms and conditions:
1.  All current delivery prices offered are based on the futures close for the prior day
     plus the basis bid shown above.  All future delivery prices must be established
     using CBOT trade prices.
2.  Watch for updates to this posted offer on the 1st. and 15th. of each month.
     Additional updates may occur based on company discretion.
3.  Dry corn is based on #2 Yellow corn quality and moisture standards. (15.5% moisture, 
     <4% foreign matter)
4.  Delivery Point is subject to confirmation by the Producer and the Feed yard at the time
     of the contract.
5.  All delivery quantities are subject to company approval.
6.  Two advance pricing contracts are available for Dry Corn and HMC:
               a.  Forward Delivery Contract.
               b.  Fixed Basis Contract.
7. HMC pricing is subject to the following terms:
               a.  HMC will be based on the futures close plus the basis bid shown above.
 

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