Glenns Ferry Content 2
Glenns Ferry Content 3

Glenns Ferry is a 25 car main line UP elevator. The location originates wheat which is shipped to PNW export markets and domestic flour millers. We bring in corn from Midwest origins, merchandising it into dairies and feedlots in Idaho’s Magic Valley.

  • Futures
  • Weather

Futures

Hard Red Spring Wheat

ContractExchangeLastChangePercentTimeOpenPreviousHighLow
IPY00 (Cash) MGEX 522.10s +1.15 +0.22% 05/25/17 0.00 520.95 522.10 522.10
IPM17 (Jun '17) MGEX 535-0s +2-0 +0.38% 05/25/17 0-0 533-0 535-0 535-0

DDGs

Sorry, there are no futures available for DDGs.

Canola

ContractExchangeLastChangePercentTimeOpenPreviousHighLow
RSY00 (Cash) WCE 519.61s -1.20 -0.23% 05/25/17 0.00 520.81 519.61 519.61
RSN17 (Jul '17) WCE 516.70 -3.70 -0.71% 11:52 519.30 520.40 520.20 516.40
RSX17 (Nov '17) WCE 490.60 -3.30 -0.67% 11:52 493.00 493.90 493.30 490.20
RSF18 (Jan '18) WCE 495.80 -3.40 -0.68% 11:52 497.00 499.20 497.90 495.40
RSH18 (Mar '18) WCE 500.10 -3.60 -0.71% 11:44 501.40 503.70 502.60 500.10
RSK18 (May '18) WCE 506.60s -4.90 -0.96% 05/25/17 506.60 511.50 506.60 506.60
RSN18 (Jul '18) WCE 507.60s -4.60 -0.90% 05/25/17 508.50 512.20 508.50 507.60
RSX18 (Nov '18) WCE 500.00 unch unch 11:52 500.00 500.00 500.00 500.00
RSF19 (Jan '19) WCE 500.20s -1.40 -0.28% 05/25/17 0.00 501.60 500.20 500.20
RSH19 (Mar '19) WCE 500.20s -1.40 -0.28% 05/25/17 0.00 501.60 500.20 500.20
RSK19 (May '19) WCE 500.20s -1.40 -0.28% 05/25/17 0.00 501.60 500.20 500.20
RSN19 (Jul '19) WCE 500.20s -1.40 -0.28% 05/25/17 0.00 501.60 500.20 500.20

Soft White Wheat

Sorry, there are no futures available for Soft White Wheat.

#2 Yellow Corn

Sorry, there are no futures available for #2 Yellow Corn.

Hard Red Winter Wheat

Sorry, there are no futures available for Hard Red Winter Wheat.

Hard White Wheat

Sorry, there are no futures available for Hard White Wheat.

Wheat Seed

Sorry, there are no futures available for Wheat Seed.

Weather

200 Success. CC 83623 Glenns Ferry, Idaho Cloudy http://shared.websol.barchart.com/images/weather/cldyicon.jpg 50°F 29.91 in. Hg 44°F localRadarAnimation http://shared.websol.barchart.com/weather/weathermap.php/interrad?zipcode=83623&width=560&height=440

PROTECTION PLUS PROGRAM

PROTECTION PLUS PROGRAM GRAIN PRODUCER PRICING TOOLS

MANAGE YOUR RETURNS BY CHOOSING THE OPTIONS THAT ARE RIGHT FOR YOU

Producing top yields is important, marketing your grain at the best possible price is vital.

At Lansing Trade Group, we care about relationships. We care about your success.

That’s why we offer several tools to optimize your marketing and help you manage your returns. Choosing the best solution depends on many factors, and we’re here to assist. Utilize our merchants’ expertise to develop and maintain a portfolio that yields outstanding results.

LTG_Icons-Min-Max_Protection-Plus-Program_55x55MIN / MAX AVERAGE

MIN / MAX AVERAGE

Ensures a minimum price, while also establishing a maximum price. Over a predetermined period, the contract is priced daily, never below or above the min/max price you select. Final pricing is determined by the simple average of each daily price.

Advantages:

  • Guarantees a minimum price (at a competitive fee)
  • Market appreciation increases your final

LTG_Icons-HTA_Protection-Plus-Program_55x55FUTURES ONLY / HEDGE TO ARRIVE HTA CONTRACTS

FUTURES ONLY / HEDGE TO ARRIVE (HTA) CONTRACTS

Allows you to lock in the futures portion of your cash contract at the price you select, while waiting to lock in the basis at a later date (prior to delivery). Ideal for situations when you believe futures market prices will fall and basis will improve.

Advantages:

  • Allows you to lock in futures hedges at appropriate levels that fit your operation

LTG_Icons-Averaging_Protection-Plus-Program_55x55AVERAGING CONTRACTS

AVERAGING CONTRACTS

A set number of bushels is priced daily using a simple average of the closing price over a predetermined period. You may lock in the price of remaining bushels at any time.

Advantages:

  • Offers greater flexibility
  • Allows you to take advantage of market rallies when applicable

LTG_Icons-Minimum-Price_Protection-Plus-Program_55x55MINIMUM PRICE CONTRACTS

MINIMUM PRICE CONTRACTS

Allows you to lock in a minimum price and take advantage of price increases during a predetermined pricing window. You decide which option call feature fits your operation.

Advantages:

  • Establishes a floor with the upside price opportunity

LTG_Icons-PEP_Protection-Plus-Program_55x55PREMIUM ENHANCER PROGRAM PEP

PREMIUM ENHANCER PROGRAM (PEP)

A premium is added to your cash contract in exchange for an offer to sell an additional, equal quantity of grain for a deferred period. The premium is based on the strike feature you establish. At expiration, if futures close below your strike feature, you have no obligation; however, if futures close above your strike feature, the parties establish a new cash contract using the strike feature as the hedge.

Advantages:

  • Increases your cash contract price
  • Potential to sell additional quantities at higher prices
  • Deferred offer basis can be set later
  • No commitment to deliver additional grain if futures close below target at expiration