When you work with River Valley Cooperative grain, you gain a local partner in your operation who is committed to making grain marketing and delivery as easy and efficient as possible.
We’re a stable, financially healthy cooperative, which allows us flexibility how we work with grain customers. From timely, accurate payments to a variety of contracting options, we’ll help you do business the way you want to, when you want to.
Whether you prefer to talk directly to someone or act through your phone, we have choices for you.
The Target Averaging contract only prices futures on days that the market is at or above a target price that you set. When the average futures price is finalized, bushels may be delivered to the destination of your choice.
How it works:
1.) Commit to a bushel amount. Tell us how many bushels you would like to enroll in the Target
Averaging program. You can enroll in old crop and/or new crop pricing periods, just be sure to sign up prior to the enrollment deadline.
2.) Designate a target price. The Target Price does not lock in a price, but it represents the minimum futures price at which you are willing to make sales. For example, you might select a Target Price that
represents your breakeven price to ensure that you are only averaging on days when prices are above your cost of production.
3.) Let the averaging begin! Each day the futures market settles above your Target Price, a few
bushels are sold at that day’s settlement price. Each day the futures market settles below your Target Price, no bushels are sold, but they are put on hold and accumulated until the market returns to the Target Price.
If the market never reaches the Target Price, then the bushels remain unsold.
Please note: Depending on the Target Price you select and market action, there is no guarantee that your bushels will get priced.
Download the pdf document and easily compare grain bids, enabling you to plan for the day ahead.
Sat 7/27
Sun 7/28
Mon 7/29
Tue 7/30
Wed 7/31
High
86 F
80 F
84 F
88 F
88 F
Low
60 F
68 F
68 F
68 F
69 F
Precip
0 %
70 %
70 %
70 %
40 %
Contact your grain originator to request a Discount Schedule. For more information on any of our grain services, contact River Valley Cooperative’s grain marketing team:
Broadmoor, IL
1165 E 1550 North
Bradford, IL 61421
Deer Grove, IL
28977 Arrow Road
Deer Grove, IL 61243
As a continuing effort to provide our customers with the most efficient service possible, River Valley Cooperative offers Direct Deposit for your grain checks. You have the option of picking up your settlement sheets or you can have them emailed to you. If you have any questions regarding this program, please call 563-285-1714.
Download PDF document: Grain ACH Authorization Form
Download PDF documents: