Market Manager
Description:
The Market Manager™ is a flexible tool that obligates Richardson to buy a predetermined amount of a commodity at a specific price and time from the grower. Only the Grower can cancel this contract prior to execution – Richardson may NOT cancel the contract at any time. If the contract is not exercised (because the price criterion is not achieved during the contracting period) the contract simply expires.
When to Use Market Manager™
You know WHEN and HOW MUCH you want to deliver but the market is not offering your target basis and / or flat price – use a Market Manager™ to ensure that if the futures and / or basis price meets your target, your order is executed.
Market Manager™ Can Help You...
Manage Grain Storage – Schedule delivery to a terminal for a specified period (manages space issues and quality risk)
- Lock in a Flat Price – For as much of a crop as desired
- Lock in a Basis Price – For as much of a crop as desired
- Manage Your Cash Flow
- Capitalize on market rallies without having to watch the market
Is Market Manager™ Right for You?
Depending on market conditions and grower needs, Market Manager™ contracts are appropriate for all growers. Richardson has planning tools that take the complexity out of the decision and help the grower decide if it is the right time to consider a contract. Your Richardson representative can give you easy to use tools and information to help make the right decision for your farm operation.
For more information on the Market Manager™, please see your Richardson representative.