propricing grain guide - cargill ag · 2015-09-16 · 2015 crop – inventorypro 2015 corn acres...

PROPRICING®

GRAIN GUIDE A BETTER PERSPECTIVE ON GRAIN MARKETING.

WE’RE THE PROS. If you need help planning your retirement, you talk to your financial advisor. If you need legal advice, you talk to a lawyer. If you need a leg up in navigating grain marketing, you should talk to the pros at Cargill. With our global perspective, you get a competitive advantage that makes the most of your grain, in both the ups and downs of the market. In fact, we’ve proven it with real results, year after year. See for yourself.

PROPRICING® CONTRACTS MAKE DOLLARS AND SENSE.How do you make a decision about marketing your grain today when you don’t know what will happen tomorrow? It is simple, make the decision to rely on ProPricing. Backed by 150 years of grain expertise in 67 different countries, we have an unmatched global perspective that’s created over $300 million in value for ProPricing customers. With more than 150,000 employees worldwide constantly watching the smallest movements in the market — for example, a dock strike in Brazil, or a change in U.S. ethanol policy — Cargill has the resources and perspective to capitalize on market movements.

150 YEARS AND MORE THAN 150,000 EMPLOYEES HELP PERFECT OUR TRADING PERSPECTIVE

WHY DO YOU NEED PROPRICING®?In today’s market, you benefit more by using ProPricing® contracts because there’s less room for error when every penny can impact your bottom line. As emotions creep higher as markets dip lower, making sound selling decisions can be harder than ever. ProPricing can help by giving you a global perspective, trading your grain every day of the year, and acting quickly when demand changes. We can help you get real results, even in today’s markets. At Cargill, we watch events happening around the entire world, not just the fluctuating price of grain.

HOW IT WORKS.ProPricing is built to give you an advantage in the grain market, every day of the year. We make sure we give your grain every opportunity to make you successful by using our global insights and expert traders. When you commit your grain to ProPricing, Cargill employs simple futures and complex options to determine a price for your grain whenever the market presents trading options whenever the market presents trading opportunities. In just the last year, Cargill merchants made nearly 10,000 individual trades marketing the grain across the various ProPricing contracts. We make the most of your grain, and grain prices, every day.

WE’RE WITH YOU FOR THE LONG HAUL.Consistency pays with ProPricing and we have the results to prove it. Much like a retirement plan, the more years that you enroll the same amount of bushels in ProPricing, the more opportunity those bushels have to take advantage of both the ups and downs of the market. We are committed to guiding you through it, every step of the way.

450 OCEAN-GOING VESSELS DEDICATED TO YOUR GRAIN

CONSISTENCY PAYS.We get it, it’s not easy to trust someone else with your grain. It’s even harder not to change the amount of bushels in your ProPricing® contracts year over year. After 15 years of building the world’s largest farmer grain contract, our goal is still to make your business as successful as it can be. Even when markets are down, our track record has proven that ProPricing customers who consistently contribute the same percentage of production every year greatly benefit over the long run versus those who don’t.

CONSISTENT PROPRICING USER – Locks in same percentage of production annuallyBUSHELS

80,00075,00070,00065,00060,00055,00050,00045,00040,00035,00030,00025,00020,00015,00010,0005,000

02009 2010 2011 2012 2013 2014 TOTAL

VALUE

$82,875

Customer ValueBushels

INCONSISTENT PROPRICING USER – Reacts with volatility annually

2009 2010 2011 2012 2013 2014 TOTALVALUE

$7,425

BUSHELS60,00055,00050,00045,00040,00035,00030,00025,00020,00015,00010,0005,000

0

Customer ValueBushels

INCREASING PERCENTAGE PROPRICING USER – Increases percentage of production annuallyCustomer Value

2009 2010 2011 2012 2013 2014 TOTALVALUE

$38,400

BushelsBUSHELS60,00055,00050,00045,00040,00035,00030,00025,00020,00015,00010,0005,000

0

FOCUS ON THE THINGS YOU CARE ABOUT MOST.ProPricing not only adds value to your forward contract through global resources, expert analysis and local professionals, it also gives you peace of mind. When you sign up for ProPricing, you turn over a huge burden to the pros at Cargill, so that you can focus on farming.

PROPRICING® 2016 CONTRACT TABLE2015 ENROLLMENT FUTURES REFERENCE

MONTHS OFFERED SIGN-UP PERIOD PRICING PERIOD

CORN

InventoryPro(2015 Crop)

Mar 2016 07/13/15 - 09/04/15 09/09/15 - 02/19/16

July 2016 (Sep start) 07/13/15 - 09/04/15 09/09/15 - 06/03/16

July 2016 (Dec start) 07/13/15 - 12/18/15 12/23/15 - 06/03/16

1-Year(2016 Crop)

Sep 2016 07/13/15 - 12/18/15 12/23/15 - 08/05/16

Dec 2016 (Sep start) 07/13/15 - 09/04/15 09/09/15 - 11/04/16

Dec 2016 (Dec start) 07/13/15 - 12/18/15 12/23/15 - 11/04/16

Mar 2017 07/13/15 - 12/18/15 12/23/15 - 02/03/17

May 2017 07/13/15 - 12/18/15 12/23/15 - 04/07/17

July 2017 07/13/15 - 12/18/15 12/23/15 - 06/09/17

2-Year(2017 Crop)

Sep 2017 07/13/15 - 12/18/15 12/23/15 - 08/04/17

Dec 2017 07/13/15 - 12/18/15 12/23/15 - 11/03/17

Mar 2018 07/13/15 - 12/18/15 12/23/15 - 02/09/18

SOYBEANS

InventoryPro(2015 Crop)

Mar 2016 07/13/15 - 09/04/15 09/09/15 - 02/19/16

July 2016 (Sep start) 07/13/15 - 09/04/15 09/09/15 - 06/03/16

July 2016 (Dec start) 07/13/15 - 12/18/15 12/23/15 - 06/03/16

1-Year(2016 Crop)

Nov 2016 (Sep start) 07/13/15 - 09/04/15 09/09/15 - 10/07/16

Nov 2016 (Dec start) 07/13/15 - 12/18/15 12/23/15 - 10/07/16

Jan 2017 07/13/15 - 12/18/15 12/23/15 - 12/09/16

July 2017 07/13/15 - 12/18/15 12/23/15 - 06/09/17

2-Year(2017 Crop)

Nov 2017 07/13/15 - 12/18/15 12/23/15 - 10/06/17

Jan 2018 07/13/15 - 12/18/15 12/23/15 - 12/08/17

HARD RED WINTER WHEAT (HRW)

InventoryPro (2015) Mar 2016 07/13/15 - 09/04/15 09/09/15 - 02/05/16

1-Year (2016) July 2016 07/13/15 - 09/04/15 09/09/15 - 06/03/16

2-Year (2017) July 2017 07/13/15 - 09/04/15 09/09/15 - 06/09/17

SOFT RED WINTER WHEAT (SRW)

InventoryPro (2015) Mar 2016 07/13/15 - 09/04/15 09/09/15 - 02/05/16

1-Year (2016) July 2016 07/13/15 - 09/04/15 09/09/15 - 06/03/16

2-Year (2017) July 2017 07/13/15 - 09/04/15 09/09/15 - 06/09/17

10,644PROPRICING GRAIN TRADES

MADE LAST YEAR ALONE

GET AN ADVANTAGE WITH PROFACTOR.

To reap the full benefits of ProPricing®

contracts, you need to know the right amount of bushels to

enroll each year. Knowing the right percentage of bushels, or what we call the ProFactor, helps give you the right balance of risk management across your complete portfolio of grain contracts. Your ProFactor is based on your personal risk assessment and marketing style.

ProFactor

Total Score

120

70–85% 50–69% 30–49% 10–29% 0–9%

A What percent of your crop is typically forward-contracted prior to harvest?

SCORE: 50 100 150 200 250

Strongly Disagree

Strongly Agree

B

I understand all of the factors that are influencing the price of grain at any given time. 10 20 30 40 50

I believe I have all the information I need to make effective grain marketing decisions. 10 20 30 40 50

Making the decision on exactly when to sell my grain is easy for me. 10 20 30 40 50

After I sell grain, I rarely regret the decision(s) I’ve made. 10 20 30 40 50

When I sell grain, I like to sell a lot at one time. Diversification is for people who can’t make a decision.

10 20 30 40 50

I sometimes feel like I lose control when I commit bushels to averaging or other deferred-pricing contracts.

10 20 30 40 50

It would be very uncomfortable to trust a grain buyer, like Cargill, to help sell a portion of my crop. 10 20 30 40 50

Overall, I feel I do an excellent job of marketing my crop. 10 20 30 40 50

TOTAL SCORE Total of A + B

ProPricing ProFactor

DEDICATED CARGILL METEOROLOGISTS PROVIDE REAL-TIME MARKET INSIGHTS DURING WEATHER MARKETS

145 DELIVERING YOUR GRAIN TO 145 COUNTRIES THAT NEED IT

SIGN UP TODAY.Get every opportunity to succeed in today’s grain market. The sooner you sign up for ProPricing,® the sooner you can reduce the stress of marketing grain. Fill out the enrollment forms on the following pages, and deliver to your Cargill sales representative at your earliest convenience.

CORN ENROLLMENT WORKSHEET

2016 Crop Expected 2016 Acres

Trendline Yield (Bu/Acre) x

Estimated 2016 Production =

ProPricing ProFactor x

2016 ProPricing Bushels =

2014 Sign-up Bushels –

Amount to Enroll in ProPricing =






Share to Enroll This Year –


2015 Crop – InventoryPro2015 Corn Acres

Expected Yield x


Bushels Sold –

Remaining Bushels to Sell =


2015

2016

2017

OPTION MONTH

TRADING WINDOWMar 2016

09/09/15 – 02/19/16 July 2016 Early 09/09/15 – 06/03/16

July 2016 Late 12/23/15 – 06/03/16

DELIVERY PERIOD Jan Feb Mar Jun Jul Jun Jul Non Select

FARM NAME BUSHELS

OPTION MONTH

TRADING WINDOWSep 2016

12/23/15 – 08/05/16Dec 2016 Early

09/09/15 – 11/04/16Dec 2016 Late

12/23/15 – 11/04/16Mar 2017

12/23/15 – 02/03/17May 2017

12/23/15 – 04/07/17Jul 2017

12/23/15 – 06/09/17

DELIVERY PERIOD Aug Sep Oct Nov Dec Oct Nov Dec Jan Feb Mar Apr May Jun Jul Non Select

FARM NAME BUSHELS

OPTION MONTH

TRADING WINDOWSep 2017

12/23/15 – 08/04/17Dec 2017

12/23/15 – 11/03/17Mar 2018

12/23/15 – 02/09/18

DELIVERY PERIOD Aug Sep Oct Nov Dec Jan Feb Mar Non Select

FARM NAME BUSHELS

SIGN UP NOWFOR EARLY TRADING



Customer Signature

Do you want to stay informed about the performance of your ProPricing contract?

Email Address

Text Message

Shaded Areas = office use only Date:

Salesperson: Account Number:

Region: Customer:

Entered in ExtraCense: Lynx: Delivery Location:

SOYBEAN ENROLLMENT WORKSHEET

2015

2016

2017



Region: Customer:


OPTION MONTH


09/09/15 – 02/19/16 Jul 2016 Early

09/09/15 – 06/03/16Jul 2016 Late

12/23/15 – 06/03/16

DELIVERY PERIOD Jan Feb Mar Jun Jul Jun Jul Non Select

FARM NAME BUSHELS

Customer Signature


Email Address

Text Message

OPTION MONTH

TRADING WINDOW Nov 2016 Early

09/09/15 – 10/07/16Nov 2016 Late

12/23/15 – 10/07/16Jan 2017

12/23/15 – 12/09/16Jul 2017

12/23/15 – 06/09/17

DELIVERY PERIOD Sep Oct Nov Sep Oct Nov Dec Jan Jun Jul Non Select

FARM NAME BUSHELS

OPTION MONTH

TRADING WINDOWNov 2017

12/23/15 – 10/06/17Jan 2018

12/23/15 – 12/08/17

DELIVERY PERIOD Sep Oct Nov Dec Jan Non Select

FARM NAME BUSHELS

2015 Crop – InventoryPro2015 Soybean Acres

Expected Yield x


Bushels Sold –




















WHEAT ENROLLMENT WORKSHEET

2015

2016

2017



Region: Customer:


2015 Crop – InventoryPro2015 Wheat Acres

Expected Yield x


Bushels Sold –

















OPTION MONTH

TRADING WINDOWJul 2017

09/09/15 – 06/09/17

DELIVERY PERIOD Jun Jun-Jul Jul Non Select

FARM NAME BUSHELS

OPTION MONTH

TRADING WINDOWJul 2016

09/09/15 – 06/03/16

DELIVERY PERIOD Jun Jun-Jul Jul Non Select

FARM NAME BUSHELS

OPTION MONTH


09/09/15 – 02/05/16

DELIVERY PERIOD Jan Feb Mar Non Select

FARM NAME BUSHELS

SRW – Chicago Wheat HRW – Kansas City Wheat

Customer Signature


Email Address

Text Message

CARGILLAG.CA® The Cargill logo and PROPRICING are registered trade-marks of Cargill, Incorporated, used under licence. © 2015, Cargill Limited. All Rights Reserved. Purchase Contract terms apply. This is provided to you for information purposes only, does not constitute an offer, and is not intended to be a part of any contract that may be entered into. Please consult the Purchase Contract for the terms and conditions that will govern the sale and purchase of grain. Information provided is general in nature and is provided without guarantee as to results. The information is not intended to be, and should not be construed as, trading, financial, legal, or tax advice. No warranty is made with regard to the information or results obtained by its use. Cargill, Incorporated, its subsidiaries, and affiliates disclaim any liability arising out of your use of, or reliance on, the information. AGH 1379

propricing grain guide - cargill ag · 2015-09-16 · 2015 crop – inventorypro 2015 corn acres...

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