Selling Tools

In order to meet your marketing objectives, WIT offers a number of different selling tools.

Spot Delivery

You have the ability to haul your non-boards at the daily street price as long as we are accepting, haul before 1 PM to receive the morning bid or after 1 receives the closing bid for the day.

Deferred Delivery Contract

Take advantage of market rallies before harvest or when storage is not a concern.  By entering into a DDC the producer is able to protect the value of the crop in the field or the bin by committing to delivery at some future date at a guaranteed price. This contract is a very useful tool in hedging expected production and locking in profits.

Deferred Delivery Basis Contract

Take advantage of strong basis levels with this contract. If you feel futures prices will increase lock in a basis on undelivered grain and fix the futures price at a later date. This contract works well in combination with a Target Price Contract to help you meet your pricing needs.

Free Storage Basis Contract

If you wish to deliver your grain to the terminal, but do not wish to price the grain at this time, you can sign a Free Storage Basis Contract. This contract allows the producer to deliver grain, lock in the spot basis and fix the futures price at a later date.

Non Board Cash Advance

Here is how it works, deliver your canola or flax to the terminal. Complete a non board cash advance contract. Take home your advance payment check. Price the contract at any time within 90 days. Receive the balance of the payment for your oilseeds (contract amount less advance).

Target Price Contract

The Target price contract allows the producer to indicate a target price and delivery period at which he will sell his desired tonnage of a specific grain. If WIT’s posted bid price reaches your target price then the TPC is automatically converted into a DDC.