Daily Price Contract

Similar to a Fixed Price Contract for CWB grains, you can lock in a price for your CWB wheat outside of the CWB Price Pooling System. A daily flat price will be derived from a basket of U.S. elevator prices taken from locations primarily situated in Montana and North Dakota, as opposed to a CWB Fixed Price Contract that reflects world market values.

A Daily Price Contract (DPC) provides you with:

A Diversified Marketing Strategy – The DPC allows you to take advantage of favourable price fluctuations present in the U.S. wheat market The Possibility of Higher Returns Relative to the World Market – By pricing outside of the Pool Pricing System, you can benefit from the opportunity to capture increased value in the market as U.S. supply and demand situations fluctuate

 

Disclaimer
This marketing alternative overview has been prepared to help you identify the marketing alternatives offered by the Canadian Wheat Board, along with Cargill's opinion of the advantages and disadvantages of each. Cargill has used its best efforts to provide you with this useful and helpful information. However, we cannot guarantee that this contract alternative will function in the same way in each and every situation, and information that may be accurate for one farmer may not necessarily prove to be accurate for another. Therefore, we do not make any warranty or guarantee as to the accuracy of any of the information as it is applied in a particular marketing strategy.