Soybeans

Now Bidding for 2024 Deliveries!

Cash bids are subject to change without notice.

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Please call the office for more details. 712-213-4000

Contract Offerings

Cash Contract
Can be sold for any delivery month.  Both futures reference price and basis are fixed at time of sale.  

Spot Contract
No contract prior to physical delivery.  Monday-Friday delivered bushels will be priced at Platinum Crush’s daily closing nearby cash bid. Saturday or Sunday spot deliveries will be priced using the opening futures reference price of the following Monday’s CBOT regular day session +/- delivered basis.   

Basis Contract

Undelivered: Locks in basis for a forward delivery month, keeping contract’s futures reference price exposure open.  

Delivered: Title of soybeans passes to Platinum Crush upon delivery. Futures reference price must be established, or contract rolled prior to first position day of futures reference month.  Fee to roll to a deferred pricing window is 2c.  Rolling beyond current crop years is only allowed at the discretion of Platinum Crush. Deliverer may request up to a 70% cash advance on contract’s open equity. Reciprocal margining of basis contracts back to 70% may be required. Credit Sales contract rules apply.

HTA Contract
Establishes contract futures price, maintains basis exposure.  Basis must be priced prior to physical delivery of soybeans.  Futures reference price and physical delivery can be rolled to any futures month within the current crop year at a 2c fee. Rolling of futures reference price beyond current crop year only allowed at the discretion of Platinum Crush.  

  • Current HTA Fees
    • 2023 crop year 4c
    • 2024 crop year 5c
    • 2025 crop year 7c

Price Later / Deferred Pricing
Allows physical delivery without establishing a futures reference price or basis.  Title passes to Platinum Crush upon delivery.  Contact office for details/structure/costs of current program offer. Credit Sales contract rules apply.

Minimum price contract
Cash contract for specific delivery month that establishes a minimum contract value, while maintaining additional upward cash price potential.  Credit Sales contract rules apply.

Premium offer contract
Simultaneously sell a cash delivery contract at a defined premium above posted values while committing to an irrevocable offer of equal bushels, at a specified futures reference price, for a future physical delivery window.  The offer contract is written with a specified one-day executable window.  If the offer’s relevant CBOT futures value trade at or above the contract’s offer’s reference price, on said day, the producer will be obligated to delivery of the offered bushel amount at the offered futures reference price, +/- basis which is yet to be established. If CBOT futures do not meet or exceed the offer contract’s futures reference price on said day, no further obligation is required.  

  • JSA Select Pricing ™
    • JSA Professionals are third party pricing participants, intent on maximizing the futures price for the farmer 
    • Disciplined execution on a fixed bushel volume within a defined delivery window 
    • 100% of bushels enrolled are priced by the end date (no double-up or knock-out structures) 
    • Full Transparency with commentary, weekly pricing updates, trade notifications, and open positions 
    • Multiple pricing windows to capture bushels off the combine or out of the bins 
    • Contract directly with Platinum Crush
      • 10c fee charged at settlement
      • Comes with 100% access to JSA market info and JSA mobile app
  • JSA Averaging contract
    • 8 week seasonal averaging contract – managed by JSA thru Platinum Crush