Fact Sheets & Resources:
 

Pricing Decision Chart for Cash Product Sellers(pdf):  Chart showing decision making strategies and options to consider when setting up your marketing plan.

Marketing Plan (word document) : This worksheet may be used to develop a marketing plan.

Marketing Alternative Tools (word Document) : Options on futures contracts open a whole new set of marketing tools grain farmers can choose among and can provide a base to compare market trends against.  Farmers need to use all the alternative tools to fine-tune their marketing programs.  Too often reasonable pricing opportunities are passed by.  The following will briefly describe marketing tools available and situations where you might want to use them.

Definitions of Marketing Terms (pdf): Texas Agricultural Extension Service Factsheet RM 2-32.0

Contracts as a Risk Management Tool (pdf) : Texas Agricultural Extension Service Factsheet (L-5294) RM 1-6

Introduction to Futures Markets (pdf) : Texas Agricultural Extension Service Factsheet RM 2-1.0

Introduction to Options (pdf) : Texas Agricultural Extension Service Factsheet RM 2-2.0

Selecting and Working with a Broker (pdf) : Texas Agricultural Extension Service Factsheet (L-5318) RM 2-32.0

Tactical Pricing Plan Worksheet (word document)

Marketing Worksheet (excel file) : This spreadsheet lets you input cash market, futures, buy put options and Forward Contract & Buy Call Information.

Futures and Options Markets:
• Chicago Board of Trade (CBOT) & Chicagao Mercantile Exchange (CME) Merged webpage: This CBOT and CME are merging their website presence.  This
  is the new location for their market information.   This website contains information on livestock commodities (Beef, Swine, Lamb, Milk and other Commodities), Grain and other Commodities, Futures & Options.

Local Michigan Grain Markets:


Additional websites that you might find helpful:

• NASS

• USDA