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   MFA Rail Facility 6438 NE Nettleton Road, Hamilton, MO 64644  816-465-4000

 

 
 
DP Programs  11/01/18 10:39:40 AM

DP (Delayed Pricing) will be offered for CORN delivered this fall to MFA Rail Facility at a rate of 4 cents per bushel per month (pro-rated daily) beginning Oct. 1, 2018. Bushels must be priced no later than August 31, 2019. DP allows you to stay in both the futures and basis markets for a flat or monthly charge. Both the futures and the basis will remain un-priced and open to gains or losses. At this time there will be no dump charges for DP. In the event MFA Rail Facility sees a need to discourage DP corn across the scales a dump charge can be added at any time without warning. Contracts must be filled first before applying bushels to DP or spot selling.

For contracts dated prior to 11-1-18
DP (Delayed Pricing) will be offered for SOYBEANS delivered this fall to MFA Rail Facility at a flat rate of 15 cents per bushel starting October 1, 2018 through December 31, 2018, then 5 cents per bushel per month (pro-rated daily) starting January 1, 2019. Soybeans on DP must be priced by Aug 31, 2019. DP allows you to stay in both the futures and basis markets for a flat or monthly charge. Both the futures and the basis will remain un-priced and open to gains or losses. In the event MFA Rail Facility sees a need to discourage DP soybeans across the scales a dump charge can be added at any time without warning. Contracts must be filled first before applying bushels to DP or spot selling.

For contracts on/after 11-1-18
DP (Delayed Pricing) will be offered for SOYBEANS delivered this fall to MFA Rail Facility at 5 cents per bushel per month (pro-rated daily) starting November 1, 2018.  Soybeans on DP must be priced by Aug 31, 2019.  DP allows you to stay in both the futures and basis markets for a flat or monthly charge.  Both the futures and the basis will remain un-priced and open to gains or losses.  In the event MFA Rail Facility sees a need to discourage DP soybeans across the scales a dump charge can be added at any time without warning.  Contracts must be filled first before applying bushels to DP or spot selling.


 
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