Averaging Contract
April 20 – July 24, 2026
What Is It?
The Averaging Contract sells an equal number of bushels on each trading day over a 67-day pricing window, removing the stress of trying to pick the perfect day to sell.
- Pricing Window: April 20 – July 24, 2026 (67 trading days)
- Corn: Priced against Dec 2026 Futures (CZ26)
- Soybeans: Priced against Nov 2026 Futures (SX26)
- Fee: 2¢ per bushel
- Bonus: Enrolling qualifies for our Spring Bounty Bushel Program
- Daily Pricing: Equal bushels priced at each day’s close
- Final Price: Simple average of all 67 closing prices
- Basis: You price basis separately
Why April – July?
- Spring planting uncertainty and weather premiums support prices
- Summer weather markets often push futures higher
- Averaging across 67 days captures rallies without timing risk
- Eliminates emotional decision-making — the market works for you
- The Apr 20–Jul 24 average beat the Oct 1 price in 9 of 11 years (corn) and 8 of 11 (soybeans)
Contact CFE’s grain team to get started.
