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Luckey Farmers is offering a Flex Floor Contract for those looking for another tool to help diversify risk. A Flex Floor Contract offers many benefits, including:
- Eliminate DP charges
- Full Upside Market Participation
- Locks in floor price
- Nearby cash flow
- Protection from potential of falling futures values
- Customizable with contract time frame and cost
- Little to no cost
Below is an illustration on how the Flex Floor works:
Some important nuances in the program include:
- Potential for double the bushels if New Crop corn is above the double up value on the expiration date
- Bushels priced weekly, eliminates further decision making
- Minimum quantity is 5,000 bushels
To learn more about our Flex Floor Contract or to get a quote tailored to your marketing needs, please call Jim or Katie at 419-849-2711.