Premium Value When Sold Via Contract

Link to on-farm feeding value information page.

For grain to be sold via contract:

Grain produced in the TopCross® system may be forward sold via contract with an agent of Optimum Quality Grains for export. Alternatively, the grain may be sold to a local elevator for a negotiated price premium -- this grain cannot be exported.

Typically, the contract for high oil corn provides a sliding scale premium that depends on the oil content. At 6.0% oil there will be a base payment and then $0.01 per 0.1% oil above the base 6% level. The upper oil content may vary and is currently at 8.0%. For example, 8.2% oil will be paid a contract premium of $0.10 base plus ((8.0%-6.0%)x$0.01) = $0.30 premium per bushel.

Please check the most recent premium levels and contract terms, or consult your local elevator/dealer.

Example of the current contract scale:

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