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As
of May 4, 2011, we
will be offering a
Deferred Pricing Contract. We will allow free storage. All
corn must be priced by September 15, 2011.
All deferred priced contracts at KAAPA
Ethanol must be priced directly into a fixed priced
contract (no basis or Futures Fixed contracts.)
When grain is applied to a Deferred Pricing
contract, title transfers to KAAPA Ethanol, LLC with
no price being established.
Minimum bushels that will be applied to a
Defer Pricing contract is 1,000 bushels.
If you want
grain applied to a Deferred Pricing Contract we will
need to be notified prior to close of business on
day of delivery or bushels will be spotted at the
closing bid on day of delivery. |
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