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05/08/08

    CASH

BASIS

FUTURES

MONTH

MAY
$5.97
$(0.33)
$6.30
N
JUNE
$5.92
$(0.38)
$6.30
N
JULY
$5.90
$(0.40)
$6.30
N
AUG
$5.86
$(0.54)
$6.40
U
SEPT
$5.88
$(0.52)
$6.40
U
NC 2008
$5.80
$(0.66)
$6.46
Z
DEC 08
$5.90
$(0.56)
$6.46
Z
JAN 2009
$5.99
$(0.58)
$6.57
H
FEB
$5.98
$(0.59)
$6.57
H
MARCH
$5.98
$(0.59)
$6.57
H
APRIL
$5.99
$(0.66)
$6.65
K
JUNE
$5.99
$(0.72)
$6.71
N
JULY
$5.99
$(0.72)
$6.71
N
NC 2009
$5.27
$(0.67)
$5.94
Z

Daily Corn bid by Email!

  • All bids are subject to change without notice.
  • Re-transmission of this document is prohibited.
  • Hedge to Arrive, Basis-Fixed & Cash Price Contracts are available.
  • Accepting Spot loads at this time.
  • Now offering Delayed Pricing for
  • month of May !

Please call Gary Van Vleet, Corn Buyer

with any questions:

Local #   605-475-2676
Toll Free: 866-673-0103
 

      

             Corn Receiving Hours

  Mon - Friday 7:30am - 4:30pm

      We take moisture corn up to 16.5%   

                   Moisture Discount:

           $.01 each 1/5% 15% to 16.5%

                          No Shrink

    We now offer a premium incentive on  

          Deferred Payment Contracts!

          2 cents per bushel per month

                Please call for details.

 


Corn Procurement Policy - PDF

Frequently Asked Questions - PDF

 

Acrobat Reader 4.0 or higher is required to open the corn procurement policy. To download and get help using the Adobe Acrobat Reader, please go to: http://www.adobe.com/products/acrobat/readstep.html

If Member’s production is reduced so that Member is unable to deliver the number of bushels committed, Member is required to obtain the corn from another source and deliver the corn to Redfield Energy, as if the corn had been produced by Member. If Member cannot deliver the corn committed, Member agrees that Redfield Energy, at its option, may act as Member’s agent for the purpose of obtaining the corn in Member’s name and may charge to Member all expenses and incidental costs in obtaining and delivering the corn to Redfield Energy’s designated facility(ies).

The Board may modify the delivery process if it is determined that some other process will allow Redfield Energy to more efficiently process and market corn. Redfield Energy has the authority to establish, or contract with a third-party to establish standardized procedures for Class A Members who wish to meet their delivery obligations through open-market purchases or other efficiency-seeking procurement methods and procedures, and to charge Class A Members who utilize such pool purchasing programs to meet their delivery obligations a reasonable administrative or “pool” fee for such use.


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Redfield Energy, LLC

 

 

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