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

 

 
 
DP Programs  10/14/19 5:18:53 PM

DP:

Corn:

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).  There will be a 10 day decision period, from date of delivery, to either price or contract (basis) the grain.  Otherwise, NPE charges will be applied from date of delivery.  Bushels must be priced no later than September 15, 2020. 
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.


Beans:
DP (Delayed Pricing) will be offered for SOYBEANS delivered this fall to MFA Rail Facility at a flat rate of 18 cents per bushel starting October 14, 2019 through December 31, 2019, then 5 cents per bushel per month (pro-rated daily) starting January 1, 2020.  Soybeans on DP must be priced by Oct 15, 2020.  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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