Loan Deficiency Payments (LDPs)
The loan deficiency payment (LDP) program is an excellent tool for marketing grain when conditions are most favorable.
When producers enter the program, they can choose to receive a loan against their crop, or if prices are low, they can choose to be paid an LDP instead of taking out a loan.
LDP rates change daily and are determined for each county and crop according to loan rates and calculated posted county prices.
Click here for current LDP price figures.
To learn more about the LDP program and whether it’s a smart choice for you, please contact your Sales Agronomist or the Wheat Growers grain team.
Free DP on Soybeans
Effective December 24th, Wheat Growers is offering Free DP on new deliveries of soybeans! We are still $.03 per bushel per month for corn and wheat.
Talk to your nearest location for details!
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Corn Drying Charges Reduced
Effective October 2, 2012, there will be NO drying charge on new deliveries of corn on loads that are 18.0% moisture or less. On loads over 18.0% moisture, drying charges will be reduced to 5 cents per point of moisture starting at 14.5% (or 15% at Huron and West Terminal). Shrink is still applied load by load.
Talk to your Wheat Growers Grain Marketing Specialist for more information!
Morning Market Insight
Record Tight Bean Carryout Projection Drives Futures Higher