Deferred Payment Program
Wheat Growers is currently offering an interest rate program for new deferred payment contracts.
New or amended Deferred Payment with a due date:
- Any contracts deferred two years or less from the notification date will receive a fixed interest rate of 2%.
- Any contracts deferred over two years from the notification date will receive a fixed interest rate of 2.5%.
When deferring payments, please contact your local Wheat Growers Grain Bookkeeper and identify the date that you want to defer your payment to.
Wheat Growers will allow you to amend your deferred payment contract when the current deferred payment agreement expires. A customer can amend a deferred contract only with a signed addendum and a new signed Deferred Contract.
Producers can amend current deferred payment contracts from the day the contract is written up to one business day prior to its due. The addendum will not go into effect until the due date of the current contract and a signed copy of your addendum is received. We will use the interest rates in effect at the time the signed addendum is received.
*Please remember that all programs are subject to change without prior notice.
As a Wheat Growers member-owner, you have valuable ideas and opinions to share. Please plan to attend a 2013 Patron meeting and offer your input.
Click here to view the 2013 schedule. We hope to see you there!
Condo Storage Sold out
Notice: 2013-2014 Condo Storage is sold out. Please contact your Wheat Growers Grain Marketing Specialist or location to discuss other options to best suit your operation.
No Contracting Fees For Fall 2014
Wheat Growers is now buying corn, soybeans, and wheat for Fall 2014 delivery on either HTA or priced contracts with no contracting fee.
For those wanting to price 2015 harvest bushels, the following fees will apply to the contract price:
- Corn - $0.05/bu
- Soybeans - $0.10/bu
- Wheat - $0.08/bu
Please contact your nearest Wheat Growers location or Grain Marketing Specialist for your contracting needs.
Effective August 5, 2013.
Morning Market Insight
December 9, 2013
Grain Marketing Specialist
Corn seems to be holding