In response to dairy industry requests, FCStone offers an over the counter program to eligible commercial processors and end users that allows the customer to ensure deliveries, lock in basis risk, and hedge market risk on a fully customized basis while helping these customers develop new industry relationships.
Everything about the over the counter program has been designed to offer you maximum flexibility:
- You can fix your price on a monthly basis, or leave it variable, based on market performance.
- You can set prices on the basis of the monthly futures average, the NASS average, the DMN (Dairy Market News) price, or the cash-market settlement price.
- You can construct a one-month contract, a recurring monthly contract or any other arrangement that suits your needs.
Every day our over the counter and futures clients (via email) receive a summary of the customer’s activity, any trades that were settled (expired, ran its course) and the beginning and closing account balance for the current day. Talk to us today about our over the counter program.