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It's time to sign up for the 2020 Corn Average Price Contract!

 

How it Works

  • Sign up for the Average Price Contract will run between January 27 and February 12
  • You commit a certain quantity of bushels to be marketed between February 12 and June 24 (20 pricing periods)
  • Every Wednesday an equal amount of your bushels will be priced at the 2020 CBOT December closing price
  • You can elect to price out any remaining bushels left at any time in the pricing period
  • Basis can be set at any point prior to delivery
  • Flexibility to use for harvest delivered bushels or bushels that will go in your bins
Example
  • You commit 10,000 bushels to the Average Price Contract
  • Every Wednesday 500 bushels (10,000/20 pricing periods) is priced on the 2020 December CBOT futures close
  • You receive a final futures price equal to the average over the 20-week period
Average Price Contract Marketing Advantage
  • Helps diversify your marketing plan
  • Takes the emotion out of your marketing decision
  • Take advantage of seasonally higher prices
Average Pricing Contract Fee
  • $0.03/bushel service fee
  • $0.01/bushel price out fee

Contact the Grain Department in Hemingford at 308-487-3325 and talk to Colby, Kyle, or Scott with any questions and to sign up.

This chart illustrates the seasonal prices Currently and the 5 and 3 year averages
 




_______________________________________________________________________________________________________________________________________________ 

ASSOCIATE DIRECTOR COMPLETES "DIRECTOR CERTIFICATION PROGRAM"

 




 
            Paul Winter, a director of the Farmers Cooperative Elevator Co. headquartered in Hemingford, recently completed a four-phase educational program co-sponsored by the Nebraska Cooperative Council and CoBank.  He will receive a Certificate of Recognition acknowledging completion of the program.

            The Director Certification Program is a unique educational program specifically designed to assist cooperative directors to more fully understand their ever-changing responsibilities.  The program has been presented annually at various locations throughout Nebraska since its inception in 1978.  More than 8,350 phases have been completed.

            The program consists of four one-day courses designed to help participants become more effective cooperative directors.  Some of the workshop topics include legal obligations of directors; cooperative principles and practices; using financial statements in making decisions; the benefits of long-range planning; capitalization of cooperatives; and a director’s role in establishing proper controls.  Workshop segments are patterned to closely follow the growing responsibilities of cooperative directors.

            Rocky Weber, President & General Counsel of the Nebraska Cooperative Council of Lincoln, said, ?Farm supply and marketing cooperatives are essential segments of the agribusiness industry in Nebraska.  These local cooperatives contribute to the success of today's farmers and ranchers, and the complexities of cooperatives only grows.  This requires local directors to continually seek out training programs to enhance their skill set.  The Council continues to place a high priority on director education programs because education will be a key factor in determining the future success of Nebraska’s cooperatives.”

            The Nebraska Cooperative Council is the trade association for agricultural cooperatives.  Over 96% of the agricultural cooperatives throughout Nebraska are members of the Council.

 

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OVER 100 YEARS OF 

KNOWLEDGE ~ COMMITMENT ~ SUCCESS



________________________________________________________________________________________________________________________________________________ 

 

Farmer's Coop is in the process of migrating to a new software system. Please check out the NEW Patron Portal for access to account information

________________________________________________________________________________________________________________________________________________ 




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Hemingford, NE
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5-day Forecast for Hemingford, NE
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Date Wed
2/19
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Snow Clear Clear Clear Clear
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Temp
L/H (°F)
10/27 5/41 11/51 19/52 19/48
Feels
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1/16 -5/33 -1/51 12/52 10/45
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11 9 12 16 17
Humidity
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69 48 38 41 46
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9 12 10 5 5
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56 - - - -
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L: 0.04
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Local Conditions
Hemingford, NE
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Temp: 24oF Feels Like: 16oF
Humid: 81% Dew Pt: 19oF
Barom: 30.37 Wind Dir: N
Cond: N/A Wind Spd: 7 mph
Sunrise: 6:41 Sunset: 5:28
As reported at ALLIANCE, NE at 6:00 PM
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Futures
@KW - HARD RED WINTER WHEAT - KCBT
Month Open High Low Last Change Close Time More
Mar 20 485'0 485'0 482'4 484'6 -1'0 485'6 07:58P Chart for @KW0H Options for @KW0H
@C - CORN - CBOT
Month Open High Low Last Change Close Time More
Mar 20 382'2 382'6 382'0 382'4 -0'4 383'0 07:58P Chart for @C0H Options for @C0H
@MW - HARD RED SPRING WHEAT - MGE
Month Open High Low Last Change Close Time More
Mar 20 537'6 538'4 536'2 537'4 -2'4 540'0 07:57P Chart for @MW0H Options for @MW0H
@GF - FEEDER CATTLE - CME
Month Open High Low Last Change Close Time More
Mar 20 139.100 139.550 138.675 139.475 0.775 139.300s 02:30P Chart for @GF0H Options for @GF0H
Apr 20 142.025 142.400 141.325 141.950 0.400 141.775s 01:05P Chart for @GF0J Options for @GF0J
@LE - LIVE CATTLE - CME
Month Open High Low Last Change Close Time More
Feb 20 121.500 122.000 120.750 121.500 0.600 121.425s 01:05P Chart for @LE0G Options for @LE0G
Apr 20 120.625 121.100 119.825 120.700 0.275 120.600s 01:05P Chart for @LE0J Options for @LE0J
@S - SOYBEANS - CBOT
Month Open High Low Last Change Close Time More
Mar 20 892'2 894'2 892'0 893'4 1'2 892'2 07:58P Chart for @S0H Options for @S0H
@SM - SOYBEAN MEAL - CBOT
Month Open High Low Last Change Close Time More
Mar 20 2922 2926 2920 2922 2922 07:59P Chart for @SM0H Options for @SM0H
QCL - CRUDE OIL - NYMEX
Month Open High Low Last Change Close Time More
Mar 20 52.12 52.23 51.93 52.16 0.11 52.05 07:59P Chart for QCL0H Options for QCL0H
QHO - NEW YORK HARBOR ULSD - NYMEX
Month Open High Low Last Change Close Time More
Mar 20 1.6730 1.6750 1.6674 1.6721 -0.0003 1.6724 07:59P Chart for QHO0H Options for QHO0H
@KW - HARD RED WINTER WHEAT - KCBT
Month Open High Low Last Change Close Time More
May 20 491'6 492'0 489'6 491'4 -1'4 493'0 07:58P Chart for @KW0K Options for @KW0K
@C - CORN - CBOT
Month Open High Low Last Change Close Time More
Mar 20 382'2 382'6 382'0 382'4 -0'4 383'0 07:58P Chart for @C0H Options for @C0H
My Custom Markets
Symbol Open High Low Last Change Close Time More

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Wednesday, January 29, 2020 10:27AM CST
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Quote Ticker
  • HARD RED WINTER WHEAT (Mar 20) 484'6 -1'0 2/18/20   7:55 PM CST
  • CORN (Mar 20) 382'4 -0'4 2/18/20   7:58 PM CST
  • HARD RED SPRING WHEAT (Mar 20) 537'4 -2'4 2/18/20   7:55 PM CST
  • FEEDER CATTLE (Mar 20) 139.475 0.775 2/18/20   1:04 PM CST
  • FEEDER CATTLE (Apr 20) 141.950 0.400 2/18/20   1:04 PM CST
  • LIVE CATTLE (Feb 20) 121.500 0.600 2/18/20   1:03 PM CST
  • LIVE CATTLE (Apr 20) 120.700 0.275 2/18/20   1:04 PM CST
  • SOYBEANS (Mar 20) 893'4 1'2 2/18/20   7:58 PM CST
  • SOYBEAN MEAL (Mar 20) 2922 2/18/20   7:55 PM CST
  • CRUDE OIL (Mar 20) 52.16 0.11 2/18/20   7:59 PM CST
  • NEW YORK HARBOR ULSD (Mar 20) 1.6721 -0.0003 2/18/20   7:57 PM CST
  • HARD RED WINTER WHEAT (May 20) 491'4 -1'4 2/18/20   7:52 PM CST
  • CORN (Mar 20) 382'4 -0'4 2/18/20   7:58 PM CST

 
 
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