Accumulator With End of Contract Double Up (Euro Double)

These prices are for information only and subject to change.  Please contact a grain originator for current quotes.


Producer wants above market pricing risking a knockout

Current Futures                     $4.80

Accumulation Level               $5.25

Knock Out                              $4.35

Start date                                10/23/13

End date                                  11/21/14

Pricing Periods                       274          Days

Bushels Committed:              10,000

Bushels/Pricing Period         36.50

Double up Price                     $5.25       (Euro Double)


  • Each Pricing Period that the Chicago Board of Trade (CBOT) reference month has not traded at the Knock Out Price, the daily/weekly bushels (46.51/day this example) will price at the Accumulation Level.
  • If at any point the CBOT reference month price touches the Knock Out Price, this agreement will terminate and the remaining un-priced bushels will not be priced.
  • If the CBOT reference month closing price is at or above the Accumulation Level on the End Date of this agreement, and has not been knocked out, then an additional amount of bushels equal to the original bushel commitment will be priced at the Accumulation Level.. (In this example an additional 10,000 bu. will be priced at $5.25.
  • A hedge to arrive contract will be issued on the priced bushels at the end of this agreement.



***There will be a $.05/bu. fee taken off the futures price at the end of this contract.***