PaceSetter® Price Out

You have the ability to price out your PaceSetter contract prior to the end of the pricing period. Pricing out the contract means that the balance of time remaining in the pricing period will be priced at the market value on the day of pricing out, instead of the individual end-of-day closing prices for the remaining days.

A fixed $1.00/mt administration fee will be charged to select this feature, in addition to the standard PaceSetter fees.

Benefits: If the market price trends lower, the Price Out feature will give you a greater net final price The Price Out feature provides you additional flexibility

Risks: The market may increase after the contract has been priced out, creating a higher total average than you will achieve pricing out the contract The administrative fee may make the final price lower than the ending PaceSetter average price

 

Disclaimer
This marketing alternative overview has been prepared to help you identify the marketing alternatives offered by Cargill, along with 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. Entering into any of the transactions outlined on this site will not result in your opening a futures account with Cargill or otherwise, nor will you obtain a futures position. The only futures position relative to any transaction, if one exists, will be held by Cargill. This and other contracts may employ the futures market as a grain pricing mechanism, but the contracts described are not, themselves, futures contracts.