Programs/ Marketing options

HTA - Hedge to Arrive

A hedge to arrive contract is typically used for commodities such as grain. A seller may choose to use this type of contract when he or she believes that future prices are high and are about to drop, because this locks in the future price and only leaves the basis price to be determined in the future.

BO - Basis Only

Grower sets basis only and leaves the futures price open.

APP - Average Pricing Program

A Rice program where growers sign up bushels at beginning of year. It is then priced out 10% of the signed up bushels each month throughout marketing year to get grower an average price for year.