Grain

Nerstrand Agri Center grain department works hard to offer you the best service possible. We will work with you to provide the knowledge to grow your business. Our grain elevators in Cannon Falls, Randolph, Farmington and Nerstrand have multiple services that help you with your grain needs.

Discount and Storage 2017

Services

  • Grain Storage
  • Grain Drying
  • Delivery
  • On the Farm Pickup
  • Grain Bank Programs
Basis Contract
Basis price in cents per bushel above or below the CBOT futures for a specific futures month. The contract must be priced before the delivery month by fixing the CBOT futures during trading hours. There are no storage or DP charges. Title passes to the buyer at the time of delivery.

Cash Sale Contract
Contract price is set – both the basis and the CBOT futures. The delivery terms are also set. There are no storage or DP charges. Title passes to the buyer at the time of delivery.

Deferred Pay Contract
Contract price is set – both the basis and the CBOT futures. The payment date is set – this allows income in the preferred tax year. There are no storage or DP charges. Title passes to the buyer at time of delivery.

Delayed Price Contract
No part of the price is set. Reduces the need for farm storage. There are no storage charges, but DP charges do apply. Title passes to the buyer at the time of delivery. Grain may NOT be use for CCC loan.

Futures Contract
CBOT futures set for a specific futures month. The contract must be priced before the delivery month by fixing the basis during trading hours. There are no storage or DP charges, there is a fee for the contract. Title passes to the buyer at the time of delivery.

Storage
Store grain at the elevator but maintain ownership. Elevator is responsible for grain quality. Grain is eligible for CCC loan once storage is paid.

Grain Transportation
Grain may be brought into the elevator. Farm pickup grain is grain that is sold and will be brought to the destination of choice by the elevator. We use our own fleet of trucks as well as other grain trucking companies. Charges for transportation are part of the pricing of the contract.

See our latest feed & grain news here

Nerstrand

Cannon Falls