Goodwine Coop
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    • Contact Us
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  • Home
  • Announcements
  • Grain
    • Cash Bids
      • Submit Grain Offer
    • Schedule of Rates
    • Marketing Strategies
    • CME Futures
    • Ag News & Commentary
    • GAP Program
  • Weather
  • Patron Access
  • About Us
    • Jobs
    • Contact Us
    • Locations
    • Company History
815-457-2880

Marketing Strategies

Contract Name
Description
Upside Potential
Increase From
Downside Risk
Decrease From
Cash at Delivery
Cost Structure
Forward Contract
Lock in a cash price before delivery
No
n/a
No
n/a
Yes
(can defer payment)
No Cost
Cash Sale
Lock in a cash price at delivery
No
n/a
No
n/a
​Yes
(can defer payment)
​No Cost
Minimum Price Contract
Lock in a cash price at delivery; buy time to stay in the market
Yes
Futures
No
n/a
​Yes
(can defer payment)
Up front fee
​(fee based on length of time in market)
Basis Contract
Lock in basis at delivery; take increase or decrease in nearby futures
Yes
Futures
Yes
Futures
Yes
(70% of value at delivery)
​No Cost
Extended Pricing Contract
Lock in basis at delivery; adjust to deferred futures month right away; take increase or decrease in deferred futures
​Yes
Futures
​Yes
Futures
​Yes
(70% of value at delivery)
​No Cost
DP
Nothing fixed; pay for time to wait
​Yes
Cash price
​Yes
Cash price
No
Monthly
($0.14/bu minimum plus $0.001315/bu/day)
Storage
Nothing fixed, pay for time to wait
(corn shrinks to 14% moisture)
​Yes
Cash price
​Yes
Cash price
No
​Monthly
($0.14/bu minimum plus $0.001315/bu/day)
Picture
  • GOODWINE​
554 N 1800 East Road
​
Goodwine, IL 60939​
​   

(815) 457-2880  ​/  (800) 683-9191


  • BRYCE
1982 E 1020 North Road
Milford, IL 60953

   
(815) 889-4422

  1. ALONZO
553 N 2100 East Road
Wellington, IL 60973 

 
(815) 889-4530   

  • FOUNTAIN CREEK
1661 E 200 North Road
Hoopeston, IL 60942

​
(217) 375-4410

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