This is grain delivered on a given day without a contract. Ownership is transferred to QGS at time of delivery. Price is established at the closing of Chicago Board of Trade (CME), usually by 2:00 PM of that day.
You are subject to price fluctuations during the day and any basis changes that we may encounter. (You may be assured that we will be as fair as possible)
This is a simple contract to sell your grain. You can set the price of the grain on the day that you are delivering the grain to QGS. Ownership is transferred from farmer to QGS upon delivery.
This contract can only be created by phone or in person. Price cannot be established by voicemail of E-mail
With this type of contract you can lock in the price of your grain for a given time-frame, usually a month or 30-day period. (This is done often for new crop sales in the fall.) Also, this contract can be made for grain that is stored here in the fall. If you wish to price it for a later date (after the first of the year) you will be charged storage rent until the middle of the month you are selling in. The contract transfers ownership from farmer to QGS either upon delivery or, if stored, on date of check.
This type of contract can be made in person of over the phone. Price cannot be established by voicemail or E-mail.
With this contract you can offer to sell your grain at the price you are trying to accomplish. We will watch the market for you. You will need to establish a time period in which you wish to deliver the grain- usually within a specified month. This type of offer can be cancelled an any time prior to the target price being accepted.
These offers can be made in person, over the phone, or by E-mail.