Landus invites producers to launch of Insight contracts

Landus CooperativeGrain customers/producers are invited to learn how to diversify the way price risk can be managed through Landus Cooperative’s Insight program.

 “At Landus Cooperative, we believe it is important for every producer to have a grain marketing plan,” said the cooperative’s vice [resident of producer grain marketing Tom Guinan. “This plan should be diversified with various time frames and alternatives and we are excited to launch Insight contracts at our upcoming meetings.”

 Meetings held Dec. 6-9 across Iowa will be a combination of grain market analysis and an overview of the Insight program. The Insight program allows producers to market a portion of their grain, whether old crop (2016) or new crop (2017) through one of four different analysts; AgriVisor, Doane, ProFarmer, and Roach Ag.

These analysts lock in the futures portion of the cash price and the producer sets their basis prior to delivery. The upcoming meetings will cover this in greater detail.

Nearby meetings are Wednesday, Dec. 7, at 9 am at Trinity Lutheran Church in Jefferson, at 12 pm at Leonard Good Community Center in Ogden, and at 4 pm at the Farnhamville Community Room.

The cooperative is requesting the favor of RSVPs two days prior to the meeting date. There are three ways to RSVP: Contact a Landus Cooperative grain marketing advisor; contact the closest Landus Cooperative location; or call 515-817-2168.

 

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