Our grain department consists of eight grain receiving locations in Buffalo Lake, Cobden, Cosmos, Fairfax, Gibbon, Hector, Sleepy Eye and Stewart for a combined total of 30 million bushels of upright and ground storage. We also offer on farm pickup of your grain all year round. While bids and bid structures will vary between locations due to logistics and marketing opportunities, our ultimate goal is to get you a competitive price.
Grain buying, storage, contracting and direct shipment options are just a few services our grain customers have grown to expect. We also provide market alerts to give you access to up to the minute market information. Currently, we market grain only during Chicago Board of Trade hours – 8:30am to 1:15pm weekdays (except holidays). All grain must be bought or sold during those hours. Let us explain the options, take away the guessing game and offer a recommendation that best suits your operational needs. We want to be your first call when you have grain to buy or sell.
Your grain is sold at a price at the time of delivery.
Deliver your grain at any time and maintain ownership. Storage charges will apply.
A document that provides proof of ownership of grain stored in our facilities. You do have the option to take grain of like grade and quality back out if desired.
Deliver your grain at any time and transfer ownership to the elevator. Sell the grain in the Spot Cash Market whenever the nearby price interests you. Cannot be applied to any cash contract.
Allows you to store your grain for feed purposes for no storage fee for the first 60 days. If you haul out or sell as cash storage, storage would revert to day delivered.
You are quoted price for a specific delivery period.
Allows you to sell grain for a favorable price for future delivery
You deliver and transfer ownership of grain to elevator without setting a sales price
Allows you to lock in a futures price leaving the basis to be set at a later time. A service fee may apply.
From the pool of participants, one contract is sold at the Wednesday close every week for 26 (or 22) weeks. At the end of the 26 (or 22) weeks, an average price is determined for all contracts and you would receive that average price for your contract.
You lock in a favorable basis with the elevator leaving futures price to be set later. Delivery date and quantity negotiated with the elevator at a later date.
Submit a firm offer price you would like to sell at within six months and we watch the market for you making the sale when the market hits your targeted price.
Allows you to sell cash grain typically around harvest and buy call options in a deferred month to reduce storage fees. Call a merchandiser for specific details.
Allows you to take payment for your grain in the desired tax year while transferring ownership of the grain to the elevator at delivery.