2020 NE & IA PRICE LATER PROGRAM

CORN AND SOYBEANS

Corn and Soybeans can be delivered to CVA’s Locations as space allows. Please contact your local CVA elevator or CVA Grain Specialist before delivery. 

Current locations accepting Corn and Beans are:

  • Region 1: Royal, Elgin and Tilden 
  • ​Region 2: Bow Valley and Wakefield 
  • Region 3: St. Edward, Humphrey, Monroe, Fullerton and Platte Center
  • Region 4: Oakland East Hub and Snyder - Corn and Soybeans.  Scribner - CORN ONLY.
  • Region 5-Hampton, Polk, Stromsburg - Corn and Soybeans. Benedict, Bradshaw, Hordville - CORN ONLY.
  • Region 6-Tamora, Waco, Rising City, Utica, Ulysses and Shelby - CORN ONLY
  • Region 8-Akron, Oyens, Hinton
  • *Other locations will be added as space becomes available. 

Please Note: 

  • If soybeans aren't sold before 5:00 p.m. on August 20, 2020 these bushels will be charged a $0.15 cent service fee and rolled into CVA's DP Program.
  • ​If corn is not sold before 5:00 p.m. on August 20, 2020, these bushels will be charged a $0.10 cent service fee and rolled into CVA's DP program. 

Program Guidelines:

  • Title will pass upon delivery to CVA.
  • Price Later Corn cannot be put on Warehouse receipt, Open Storage, or Grain Bank once it is placed on a Price Later Contract.
  • Producer must designate at time of delivery that grain is to go on Price Later Contract. Price Later contracts will be issued every 14 days. 
  • Price Later will only be for grain delivered January 1, 2020 and after until CVA ends the program. 
  • No service charges will be applied if settled on or before August 20, 2020 for corn and soybeans.
  • Corn will be dried and shrunk to 15% moisture at CVA’s published rates at the time of delivery. Corn and soybeans will be subject to posted
  • CVA discount schedule at time of delivery. 
  • Corn and soybeans must be priced at the nearby or "spot" bid for the location to which grain was delivered. No sales can be made for future delivery (Forward Contracted). *This would give CVA double ownership. 
  • Grain that had been previously forward contracted cannot be delivered on Price Later and applied to the Forward Contract during the delivery period the corn was contracted for. *This would give CVA double ownership. 
Updated 01.06.2020