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.
No Contracting Fees For Fall 2018
Wheat Growers is now buying corn, soybeans, and wheat for Fall 2018 delivery on either HTA or priced contracts with no contracting fee.
For those wanting to price 2019 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 May 23, 2017
FREE DP Program for Wheat
Wheat Growers is offering FREE DP on any new deliveries of wheat placed directly into the Wheat Growers DP Program.
Now Accepting New Crop 2017 Xtend Soybeans
Wheat Growers will be accepting delivery of Roundup Ready 2 Xtend® Soybeans for New Crop 2017.
Morning Market Insight
Grain Marketing Specialist
USDA Grain Stocks Report is out June 30th at 11 A.M. CST. This report has the potential to be a very volatile report. Talk with your local Grain Marketing