Choose the year and crop to scroll directly to program details.

2016         2017
Rice         Rice
Soybeans         Soybeans
Wheat          

 2017 Riceland Marketing Programs

Download PDF

This brochure contains only highlights. Please contact your Riceland drier manager for complete marketing program details. 

Important 2017 Marketing Program Dates

This brochure contains only highlights. Please contact your Riceland drier manager for complete marketing program details.

Please note the following dates and program details:

  • June 30, 2017, is the sign-up deadline for committing rice for participation in Riceland’s marketing programs.
  • June 30, 2017, is the closing date for Long Grain Rice Members Seasonal Pool.
    • Note: Long grain requirements have changed for 2017-18.
  • October 31, 2017, at noon is the closing date for the Medium Grain Members Seasonal Pool.
  • October 31, 2017, at noon is the deadline to price or book rice in Grower’s Option to avoid price-later charges.
  • November 1, 2017, at noon is the closing date for the soybean seasonal pool.
  • November 1, 2017, at noon is the deadline to price or transfer soybeans in Grower’s Option to avoid price-later charges.
  • April 30, 2018, at noon is the deadline for pricing rice in Grower’s Options. 
  • May 31, 2018, at noon is the deadline for pricing soybeans in Grower’s Option.               

2017 Rice Marketing Programs

Riceland’s 2017 marketing programs are open only to rice which has full food and feed approval  worldwide.

Long grain rice may be marketed through any program. Medium grain rice may be marketed only through the Members Seasonal Pool.

To participate in Riceland’s Members Seasonal Pool, Booking Contracts, Hedged-to-Arrive Contracts, Basis Contracts, Member Cash Purchase, or Grower’s Option, a grower must sign a 2017 Delivery Agreement by June 30, 2017. Growers who choose not to sign a Delivery Agreement may deliver to a Cash Purchase or booking program, as available.

2017 Drying Charges

The board of directors reserves the right to modify drying charges based on operating expenses.

Moisture

Cents Per Bu.

Thru 13.5%

25

13.6 thru 18.9%

30

19.0 thru 21.9%

35

22.0% or more

50


Preferred Rice Varieties for the 2017 Crop

With the continued focus on the quality of U.S. rice, we offer the following list of preferred varieties as guidance based on customer desires and expectations:

Preferred Varieties

  • NOTE: Many environmental, biological, and other factors beyond Riceland’s control may influence production on your farm, including but not limited to, weather, soil conditions, irrigation, seed lots, You should carefully select the varieties you choose based on the agronomic conditions and practices utilized on your farm.

CL XL745
XL753
Roy J
LaKast
CL163
CL172
Jupiter

Ultimately, we understand that the grower will produce the variety that performs best agronomically. However, in recent years, we have received as many as 33 different varieties in one season which is most challenging.

RICELAND FOODS, INC. DOES NOT WARRANT OR GUARANTY THE QUALITY, FIELD YIELD, MILLING YIELD, MERCHANTABILITY, VIGOR, PURITY, CONTENT (GMO OR OTHERWISE) OR ANY OTHER CHARACTERISTICS OF THESE SEED VARIETIES. RICELAND EXCLUDES ANY AND ALL WARRANTIES, WHETHER EXPRESSED OR IMPLIED, RELATED TO THE PREFERRED VARIETIES AND THE PREFERRED VARIETY LIST, INCLUDING ANY IMPLIED WARRANTY OF MERCHANTABILITY, IMPLIED WARRANTY OF FITNESS FOR A PARTICULAR PURPOSE, OR ANY OTHER WARRANTY AT LAW OR IN EQUITY.

Members Seasonal Pool (Long Grain)

Sign-up in Bushels

For members who sign a Delivery Agreement and a long grain seasonal pool contract by June 30, 2017, and who desire to market long grain rice through a seasonal marketing pool. The seasonal pool will close at the end of business June 30, 2017. This also applies to farm storage.

Participation Qualifications

Limited to members of record who sign a Delivery Agreement and a long grain seasonal pool contract in bushels by June 30, 2017. Member accounts must have a rice delivery history through any Riceland rice delivery program within the last three (3) years to be eligible. Exceptions will be considered for new rice growers and farms that have been re-constituted or newly acquired.

Contract Allowance

A contract allowance of  +  or  -  10%  of  signed-up  bushels will be accepted. For those member accounts delivering in excess      of 110% of their contract, those bushels can be placed in any available Riceland self-pricing program, including growers option (as available). For those member accounts delivering less than 90% of their contract bushels, proof of crop adversity will be required (failed/prevented planting, chemical drift, flood, hurricane, etc.). If crop adversity is unproven, member will be considered ineligible for participation in any Riceland crop marketing program the following crop year.

Quality

Grading based on U.S. standards, except for stain and heat damage. Limited to Grade 5, or better. Subject to discounts below Grade 2. Rice below Grade 5 will be handled on a special purchase basis at management’s discretion.

First Advance

The first advance will be set prior to harvest.

Other Seasonal Pools

The board of directors reserves the right to close the initial pool and/or open other pools with different advances based on market factors

Farm-Stored Rice

For members who wish to store and deliver previously contracted rice to the Members Seasonal Pool after harvest, Riceland will arrange for transport of rice from the farm to a directed receiving point, and will pay members 10 cents per bushel following delivery. Rice will be advanced at 90 percent of measured bin weight.

Accounting

Members Seasonal Pool (Long Grain) is handled on a patronage basis and subject to the Base Capital Plan

Members Seasonal Pool (Medium Grain)

For members who sign a Delivery Agreement by June 30, 2017, and who desire to market medium grain rice through a seasonal marketing pool. The seasonal pool will close at noon, October 31, 2017.

Participation Qualifications

Limited to Riceland members of record who sign a Delivery Agreement by June 30, 2017.

Quality

Grading based on U.S. standards, except for stain and heat damage. Limited to Grade 5, or better. Subject to discounts below Grade 2. Rice below Grade 5 will be handled on a special purchase basis.

First Advance

The first advance will be set prior to harvest.

Other Seasonal Pools

The board of directors reserves the right to close the initial pool and/or open other pools with different advances based on market factors.

Farm-Stored Rice

For members who wish to store rice for delivery to the Members Seasonal Pool after harvest, Riceland will arrange for transport    of rice from the farm to a directed receiving point, and will pay members 10 cents per bushel for storage following delivery. Rice will be advanced at 90 percent of measured bin  weight.

Members who have signed a Delivery Agreement and wish to use farm storage must declare their intent to participate in the Members Seasonal Pool by noon October 31,  2017.

Accounting

Members Seasonal Pool (Medium Grain) is handled on a patronage basis and subject to the Base Capital Plan

Forward Booking Contracts

A booking opportunity for members who sign a Delivery Agreement by June 30, 2017, and who desire to book long grain rice based on futures prices, adjusted for Riceland’s basis. Contracts must be in 2,000 cwt. (4,444 bu.) dry weight increments.

Limitations

Program offered on a first-come, first-served basis and may be limited to avoid concentration of risk.

Quality

Grading based on U.S. standards, except for stain and heat damage. Limited to Grade 5, or better. Subject to discounts below Grade 2. Minimum milling yield 48/65.*

Pricing

Based on futures pricing, subject to confirmation. Milling yield basis 55/70, premiums/discounts apply.

Hedged-to-Arrive Contracts

For Members who sign a Delivery Agreement by June 30, 2017, who desire to deliver long grain rice and set the futures component of the contract while fixing the basis at a later  date.

Limitations

Long grain rice must be booked in 2,000 cwt. (4,444 bu.) increments. Futures month for contract must coincide with the month of delivery. The basis must be set by delivery, or by the First Notice Day of the futures contract, whichever occurs first. These contracts cannot be rolled from one futures month to the next or from one marketing year to the next. Fees may be charged for hedged-to-arrive contracts to offset costs. All contracts must be priced by noon April 30, 2018. Program may be limited to avoid concentration of risk.

Quality

Grading based on U.S. standards, except for stain and heat damage. Limited to Grade 5, or better. Subject to discount below Grade 2. Minimum milling yield 48/65.*

Pricing

Based on futures pricing, subject to confirmation. Milling yield basis 55/70, premiums/discounts apply

Basis Contracts

For members who sign a Delivery Agreement by June 30, 2017, and who desire to deliver long grain rice and set a basis at the current posted level for the delivery period while fixing the futures component at a later date.

Limitations

Long grain rice must be booked in 2,000 cwt. (4,444 bu.) increments. Basis must correspond with the delivery period. Futures must be set prior to or by the roll date of futures contract or rolled to the next futures month. All contracts must be priced by noon April 30, 2018.

Roll Dates

Priced By:

OR

Rolled To:

August 30, 2017

October 30, 2017

December 28, 2017

February 27, 2018

 

November 2017

January 2018

March 2018

May 2018

Program may be limited to avoid concentration of risk.

Quality

Grading based on U.S. standards, except for stain and heat damage. Limited to Grade 5, or better, subject to discounts below Grade 2. Minimum milling yield 48/65.*

Member Cash Purchase

For members who sign a Delivery Agreement by June 30, 2017, may sell green or dry long grain rice upon delivery, subject to confirmation.

Limitations

Program offered on a first-come, first-served basis and may be limited or terminated to avoid concentration of risk.

Quality

Grading based on U.S. standards, except for stain and heat damage. Limited to Grade 5, or better. Subject to discounts below Grade 2.  Minimum milling yield 48/65.*

Accounting for Rice Self-Pricing Options

Patronage: Any patronage earnings from 2017 long grain cash purchases or self-pricing contracts will be distributed to patrons with 20 percent in cash and 80 percent in qualified written notices of allocation evidenced by the issuance of Class “A” capital stock

Grower’s Option

Available depending on space and limited to growers who have signed a Delivery Agreement by June 30, 2017. Allows growers    to deliver long grain rice and choose a marketing option later (other than long grain seasonal pool, see page 6). Rice must be priced or transferred by noon October 31, 2017, to avoid price-later charges. Rice remaining in Grower’s Option after noon October 31, 2017, will be subject to a minimum price-later charge of 6 cents per bushel and 3 cents per bushel per month thereafter beginning January 1, 2018.

Rice remaining to be harvested within 10 calendar days of October 31, 2017, or after, will be entitled to a 10 calendar day period with Grower’s Option from date of delivery without a price-later charge (other than long grain seasonal pool, see page 6). Grower’s Option may be limited at any or all locations to avoid concentration of risk.

Pricing Deadline

Rice placed in Grower’s Option may be priced under any available purchase program through noon April 30, 2018. Rice not priced  by noon April 30, 2018, will be marketed during May 2018.

Grower’s Option Advance

After the Grower’s Option deadline has passed, members with rice in Grower’s Option stored at a Riceland facility or on the farm may request an advance which will be set prior to harvest. To participate, rice must remain eligible for CCC loan at the time of delivery. Rice will be advanced at 100% of adjusted weight if stored at a Riceland facility or at 90% of measured bin weight if stored on the farm. Advances may be limited or terminated to avoid concentration of risk.

Quality

Grading based on U.S. standards, except for stain and heat damage. Limited to Grade 5, or better. Subject to discounts below Grade 2. Minimum milling yield 48/65.*

Cash Purchase

Riceland reserves the right to procure green or dry rice as needed on a non-patronage basis.

*Rice with a milling yield below 48/65 will be accepted on a special purchase basis at management’s discretion.

 

 2017 Soybean Marketing Programs

Riceland’s 2017 marketing programs are open only to varieties that have full food and feed approval  worldwide.

Soybean Seasonal Pool

Available to Riceland members with no sign-up required. The first advance will be set prior to harvest. The Seasonal Pool will close at noon November 1, 2017. The board of directors reserves the right to close the initial pool at any time and to open one or more additional pools.

Farm-Stored Soybeans

For members who wish to store soybeans for delivery to the soybean Seasonal Pool after harvest, Riceland will arrange for transport    of soybeans from the farm to a directed receiving point, and will pay members 10 cents per bushel for storage following delivery. Soybeans will be advanced at 90 percent of measured bin weight.

Members who wish to use farm storage must declare their intent to participate in the soybean seasonal pool by noon November 1, 2017.

Cash Purchase

Available at soybean delivery locations for growers who wish to sell upon delivery.

Forward Booking Contracts

Forward booking prices for a minimum of 500 bushels of soybeans are available through harvest at soybean delivery locations.

Grower’s Option

Available, depending on space, to allow growers to deliver and price later. Soybeans must be priced or transferred to the Seasonal Pool by noon November 1, 2017, to avoid price-later charges. Soybeans which remain in Grower’s Option after noon November 1, 2017, will be subject to a minimum price-later charge of 6 cents per bushel and 3 cents per bushel per month thereafter beginning January 1, 2018. Soybeans remaining in Grower’s Option after noon November 1, 2017, will not be eligible for transfer to the Seasonal Pool

Soybeans remaining to be harvested within 10 calendar days of November 1, 2017, or after, will be entitled to a 10 calendar day period with Grower’s Option from date of delivery without a price- later charge. Grower’s Option may be limited at any or all locations to avoid concentration of risk 

Basis Contracts

Allows the basis to be set at the current posted level for the delivery period while fixing the futures component at a later date.

Limitations

Basis must correspond with the delivery period. Futures must be set prior to or by the roll date of futures contract or rolled to the next futures month. All contracts must be priced by noon May 31, 2018.

Roll Dates

 

Priced By:

OR

Rolled To:

October 30, 2017

 

January 2018

December 28, 2017

 

March 2018

February 28, 2018

 

May 2018

April 27, 2018

 

July 2018


Program may be limited to avoid concentration of risk.

Hedged-to-Arrive Contracts

Subject to available storage space. Futures month for contract must coincide with month of delivery. Basis must be set prior to delivery, at delivery, or by First Notice Day of the futures contract, whichever occurs first. Contracts cannot be rolled from one futures month to the next or from one marketing year to another. Contracts may not be offered after noon November 30, 2017. Fees may be charged for hedged-to-arrive contracts to offset costs. Program may be limited to avoid concentration of  risk.

Soybean Programs Accounting

Seasonal Pool handled on patronage basis and subject to the Base Capital Plan. Soybeans marketed through self-pricing programs handled on a non-patronage basis, not subject to the Base Capital Plan. 

2016 Riceland Marketing Programs

 Downloadable PDF

This brochure contains only highlights. Please contact your Riceland drier manager for complete marketing program details.

Important 2016 Marketing Program Dates

Please note the following dates and program details:

•    June  30,  2016,  at  noon  is  the  closing  date  for  the  wheat seasonal pool.
•    See  Wheat  Programs concerning 2017 wheat.
•    June 30, 2016, is the sign-up deadline for committing rice for participation in Riceland’s marketing programs.
•    October 31, 2016, at noon is the closing date for the Members Seasonal Rice Pool.
•    October  31,  2016,  at  noon  is  the  deadline  to  price  or  transfer rice in Grower’s Option to avoid price-later charges.
•    November 1, 2016, at noon is the closing date for the soybean seasonal pool.
•    November 1, 2016, at noon is the deadline to price or transfer soybeans in Grower’s Option to avoid price-later charges.
•    April  28,  2017,  is  the  deadline  for  pricing  rice  in  Grower’s Option.
•    May 31, 2017, is the deadline for pricing soybeans in Grower’s Option.

2016 Rice Marketing Programs

Riceland’s 2016 marketing programs are open only to rice which has full food and feed approval worldwide.

Long grain rice may be marketed through any program. Medium grain rice may be marketed only through the Members Seasonal Pool.

To participate in Riceland’s Members Seasonal Pool,  Booking Contracts, Hedged-to-Arrive Contracts, Basis  Contracts, Member Cash  Purchase, or Grower’s Option,  a grower  must  sign  a 2016 Delivery Agreement by June 30, 2016.   Growers who  choose not to sign a Delivery Agreement may deliver to a Cash Purchase or booking program, as available.

2016 Drying Charges

The board of directors reserves the right to modify drying charges based on operating expenses.

Moisture                                Cents Per Bu.

Thru 13.5%                                         25
13.6 thru 18.9%                                 30
19.0 thru 21.9%                                 35
22.0% or more                                   50

Preferred Rice Varieties for the 2016 Crop

With the continued focus on the quality of U.S. rice, we offer the following list of preferred varieties as guidance based on customer desires and expectations:

Preferred Varieties 1
CL XL745
XL753
Roy J
LaKast
CL172   2
Jupiter

Ultimately, we understand that  the grower  will produce the variety that  performs best  agronomically. However,  in recent years, we have received as many as 33 different varieties in one season which is most challenging.

      Many  environmental,  biological,   and   other   factors beyond Riceland’s control may influence production on your farm, including but not limited to, weather, soil conditions, irrigation, seed lots, etc. You should carefully select the varieties you choose based on the agronomic conditions and practices utilized on your farm.

RICELAND FOODS,  INC. DOES  NOT WARRANT OR GUARANTY THE  QUALITY, FIELD YIELD, MILLING YIELD, MERCHANTABILITY,  VIGOR, PURITY, CONTENT (GMO OR OTHERWISE) OR ANY OTHER CHARACTERISTICS OF THESE SEED  VARIETIES. RICELAND EXCLUDES ANY AND  ALL WARRANTIES, WHETHER EXPRESSED OR IMPLIED, RELATED TO  THE PREFERRED  VARIETIES AND  THE PREFERRED VARIETY LIST,  INCLUDING ANY  IMPLIED WARRANTY OF MERCHANTABILITY, IMPLIED WARRANTY OF FITNESS FOR A PARTICULAR PURPOSE, OR ANY OTHER WARRANTY AT LAW OR IN EQUITY.

2      Based on limited testing to date. Seed will also be in limited supply.

Members Seasonal Pool

For members who sign a Delivery Agreement by June 30, 2016, and who desire to market long grain or medium grain rice through a seasonal marketing pool.   The seasonal pool will close at noon, October 31, 2016.

 Participation Qualifications

Limited to Riceland members of record who sign a Delivery Agreement by June 30, 2016.

Quality

Grading based on U.S. standards, except for stain and heat damage. Limited to Grade  5, or better. Subject to discounts below Grade  2. Rice below Grade 5 will be handled on a special purchase basis.

First Advance

The first advance will be set prior to harvest.

Other Seasonal Pools

The board of directors reserves the right to close the initial pool and/or open other pools with different advances based on market factors.

Farm-Stored Rice

For members who wish to store rice for delivery to the Members Seasonal Pool  after  harvest, Riceland will arrange for  transport of rice from the farm to a directed receiving point and will pay members 10 cents per bushel for storage following delivery. Rice will be advanced at 90 percent of measured bin weight.

 Members who have signed a Delivery Agreement and wish to use farm storage must declare their intent to participate in the Members Seasonal Pool by noon October 31, 2016.

Accounting

Members Seasonal Pool is handled on a patronage basis and subject to the Base Capital Plan.

Forward Booking Contracts

A booking opportunity for members who sign a Delivery Agreement by June 30, 2016, and who desire to book long grain rice based on futures prices, adjusted for Riceland’s basis.  Contracts must be in 2,000 cwt. (4,444 bu.) dry weight increments.

Limitations

Program  offered  on  a  first-come,  first-served  basis  and  may  be limited to avoid concentration of risk 

Quality

Grading   based on  U.S.  standards,  except  for  stain   and   heat damage. Limited to Grade  5, or better. Subject to discounts below Grade  2.  Minimum milling yield 48/65.*

Pricing

Based  on  futures  pricing,  subject  to  confirmation.  Milling  yield basis 55/70, premiums/discounts apply.

 Hedged-to-Arrive Contracts

For Members who sign a delivery agreement by June 30, 2016, who desire to deliver long grain rice and set the futures component of the contract while fixing the basis at a later date.

Limitations

Long grain rice must be booked in 2,000 cwt. (4,444 bu.) increments. Futures month for contract must coincide with the month of delivery. The basis must be set by delivery, or by the First Notice Day of the futures contract, whichever occurs first.  These contracts cannot be rolled from one futures month to the next or from one marketing year to the next. Fees may be charged for hedged-to-arrive contracts to offset costs. All contracts must be priced by noon April 28, 2017. Program may be limited to avoid concentration of risk.

Quality

Grading  based  on  U.S.  standards  except  for  stain  and  heat damage. Limited to grade 5, or better.  Subject to discount below grade 2.  Minimum milling yield 48/65.*

Pricing

Based  on  futures  pricing,  subject  to  confirmation.    Milling  yield basis 55/70, premiums/discounts apply.

Basis Contracts

For members who sign a Delivery Agreement by June 30,  2016, and who desire to deliver long grain rice and set a basis at the current posted level for the delivery period while fixing the futures component at a later date.

Limitations

Long grain rice must be booked in 2,000 cwt. (4,444 bu.) increments. Basis must correspond with the delivery period. Futures must be set prior to or by the roll date of futures contract or rolled to the next futures month.   All contracts must be priced  by noon April 28, 2017. Roll Dates

Priced  By:                      OR                Rolled  To:
August  30, 2016                                November 2016
October 28, 2016                               January 2017
December 29, 2016                           March 2017
February 27, 2017                              May 2017

 Program may be limited to avoid concentration of risk.

Quality

Grading  based  on  U.S.  standards  except  for  stain  and  heat damage. Limited to Grade  5, or better, subject to discounts below Grade  2. Minimum milling yield 48/65.*

Member Cash Purchase

For members who sign a Delivery Agreement by June 30, 2016, may sell green or dry long grain rice upon delivery, subject to confirmation.

Limitations

Program  offered on a first-come, first-served basis and may be limited or terminated to avoid concentration of risk.

Quality

Grading based on U.S.  standards, except for stain and heat damage. Limited to Grade 5, or better. Subject to discounts below
Grade  2.  Minimum milling yield 48/65.*

Accounting for Rice Self-Pricing Options

Patronage: Any patronage earnings from 2016 long grain cash purchases or self-pricing contracts will be distributed to patrons with 20 percent in cash and 80 percent in qualified written notices of allocation evidenced by the issuance of Class “A” capital stock.

Grower’s Option

Available depending on space and limited to growers who have signed a Delivery Agreement by June 30, 2016.  Allows growers to deliver long grain rice and choose a marketing option later.  Rice must be priced or transferred to the Members Seasonal Pool by noon October 31, 2016, to avoid price-later charges. Rice remaining in Grower’s Option after noon October 31, 2016, will be subject to a minimum price-later charge of 6 cents per bushel and 3 cents per bushel per month thereafter beginning January 1, 2017.  Rice remaining in Grower’s Option after October 31, 2016, will not be eligible for transfer to the Members Seasonal Pool.

 Rice remaining to be harvested within 10 calendar days of October 31, 2016 or after,  will be entitled  to a 10 calendar day period  with Grower’s Option from date of delivery without a price-later charge or may transfer to the Seasonal Pool. Grower’s Option may be limited at any or all locations to avoid concentration of risk.

Pricing Deadline

Rice placed in Grower’s Option may be priced under any available purchase program through noon,  April 28,  2017.  Rice not priced by noon  April 28, 2017,  will be marketed during May 2017.

Grower’s Option Advance

After the Grower’s  Option deadline has  passed, members with rice in Grower’s Option stored at a Riceland facility or on the farm may request an advance which will be set prior to harvest. To participate, rice must remain eligible for CCC loan at the time of delivery. Rice will be advanced at 90% of measured bin weight. Advances may be limited or terminated to avoid concentration of risk.

Quality

Grading   based on U.S. standards, except for stain and heat damage. Limited to Grade 5, or better. Subject to discounts below Grade  2. Minimum milling yield 48/65.*

Cash Purchase

Riceland reserves the right to procure green or dry rice as needed on a non-patronage basis.

 *Rice with a milling yield below 48/65 will be accepted on a special purchase basis.

2016 Soybean Programs

 Riceland’s 2016 marketing programs are open only to varieties that have full food and feed approval worldwide.

Soybean Seasonal Pool

Available to Riceland members with no sign-up required. The first advance will be set prior to harvest. The seasonal pool will close at  noon,  November 1, 2016.  The board of directors reserves the right to close the initial pool at any time and to open one or more additional pools. Farm-stored soybeans may receive an advance based on 90 percent of estimated adjusted weight.

Cash Purchase

Available at soybean delivery locations for growers who wish to sell upon delivery.

Forward Booking Contracts

Forward booking prices for a minimum of 500 bushels of soybeans are available through harvest at soybean delivery locations.

Grower’s Option

Available, depending on space, to allow growers  to deliver and price later. Soybeans must be priced or transferred to the Seasonal Pool by noon November 1, 2016, to avoid price-later charges. Soybeans which remain in Grower’s Option after noon November  1, 2016, will be  subject to a minimum price-later charge of 6 cents per  bushel and  3  cents  per  bushel  per  month  thereafter  beginning  January  1, 2017. Soybeans remaining in Grower’s Option after noon November 1, 2016, will not be eligible for transfer  to the Seasonal Pool.

 Soybeans remaining to be harvested within 10 calendar days of November 1, 2016  or after,  will be  entitled  to  a 10  calendar day period with Grower’s Option from date of delivery without a price- later charge or may transfer to the Seasonal Pool. Soybeans placed in Grower’s Option may be priced under any available purchase program through noon  May  31,  2017.  Soybeans not  priced   by noon  May 31, 2017,  will be marketed during June 2017.

 Grower’s Option may be limited at any or all locations to avoid concentration of risk.

Basis Contracts

Allows the basis to be set at the current posted level for the delivery period while fixing the futures component at a later date.

Limitations

Basis must correspond with the delivery period. Futures must be set prior to or by the roll date of futures contract or rolled to the next futures month.  All contracts must be priced by noon May 31, 2017.

Roll Dates      

Priced  By:                           OR                          Rolled  To:

October 28, 2016                                             January 2017
December 29, 2016                                         March 2017
February 27, 2017                                            May 2017
April 27, 2017                                                    July 2017

 Program may be limited to avoid concentration of risk.

 

Hedged-to-Arrive Contracts

Subject to available storage space.  Futures month   for contract must coincide with month of delivery. Basis must be set prior to delivery, at delivery, or by First Notice Day of the futures contract, whichever occurs first. Contracts cannot be rolled from one futures month to the next or from one marketing year to another. Contracts may not be offered after noon November 30, 2016.  Fees may be charged for hedged-to-arrive contracts to offset costs. Program may be limited to avoid concentration of risk.

 

Soybean Programs Accounting

Seasonal pool handled on patronage basis and subject to the Base Capital Plan. Soybeans marketed through self-pricing programs handled on a non-patronage basis, not subject to the Base Capital Plan.

2016 Wheat Programs

 Riceland’s 2016 marketing programs are open only to varieties that have full food and feed approval worldwide.

Wheat Seasonal Pool

Available to Riceland members with no sign-up required. The first advance will be set  prior to harvest. The pool will close at noon, June 30, 2016.  The board of directors reserves the right to close the initial pool at any time and open one or more additional pools.

Cash Purchase

Available through noon June 30, 2016, at wheat delivery locations for growers who wish to sell upon delivery.

Forward Booking Contracts

Forward booking prices for a minimum of 500 bushels of wheat are available through harvest at wheat delivery locations.

Grower’s Option

Available, depending on space, to allow growers to deliver for pricing later. Wheat must be priced or transferred to the Seasonal Pool by noon  June  30, 2016. Wheat not priced  by noon  June  30, 2016, will be  marketed during  July  2016.  Wheat  remaining  to  be  harvested within 10 calendar days  of June  30, 2016 or after, will be entitled to a 10 calendar day period with Grower’s Option from date of delivery without a price-later charge or may transfer to the Seasonal Pool. Grower’s Option may be limited at any or all locations to avoid concentration of risk.

Basis Contracts

Allows the basis to be set at the current posted level for the delivery period while fixing the futures component at a later date.

Limitations

Basis must correspond with the delivery period. Futures must be set prior to or by the roll date of futures contract or rolled to the next futures month. All contracts must be priced by noon February 27, 2017.

Roll Dates

Priced  By:                   OR                  Rolled  To:
June 29, 2016                                    September 2016
August  30, 2016                               December 2016
November 29, 2016                         March 2017

Program may be limited to avoid concentration of risk.

Hedged-to-Arrive Contracts

Subject to available storage space.  Futures month for contract must coincide with month of delivery. Basis must be set prior to delivery, at delivery, or by First Notice Day of the futures contract, whichever comes first. Contracts cannot be rolled from one futures month to the next or from one marketing year to another. Contracts may not be offered after noon June 30, 2016. Fees may be charged for hedged-to-arrive contracts to offset costs. Program may be limited to avoid concentration of risk.

Garlicky Wheat

Garlicky wheat delivered to the seasonal pool will be seasonally marketed if the garlic content is 50 bulblets or less. The first advance will be issued after a market has been found and the discount established.  Wheat  containing  more  than  50  bulblets  will  not qualify for the  seasonal pool,  but  will be  accepted on a purchase basis at posted prices up to a 100 garlic bulblet maximum. Wheat with more than 100 garlic bulblets will be accepted at Riceland’s option on a special purchase basis and on condition that it may not be priced until a market has been found.

Wheat Programs Accounting

Wheat marketed through the seasonal pool will be on a patronage basis and   subject to the Base Capital   Plan.   Wheat marketed through self-pricing programs will be on a non-patronage basis and  not subject to the Base Capital  Plan.

 Note:   Due to the long-term decline in acres planted to wheat in Arkansas, Riceland intends to discontinue the Wheat Program for 2017.

 

 SUPPLEMENTAL MARKETING AGREEMENTS

Withheld Funds – Patrons who wish to defer crop payments into the next tax year must sign Supplemental Marketing Agreements prior to:

  • Actual delivery, or
  • Constructive receipt of

Withheld funds payments will be processed and paid as soon as practical during the first week of January 2018.

 

 


________________________________________________________________________________________

Visit Riceland.com / Shop Riceland
Home / Site Map / Privacy Policy