All Merchants Plus Strategy Prices are before fees which will be clearly listed on your contract and final statement. Prices will change regularly and are intended to serve as an indication only of the current value of the program. Prices are based on a proprietary calculation methodology. The final, binding contract price will be sent in your final contract settlement.
Farm prices will differ from Merchants Plus prices. Merchants Plus prices do not take into account fees, basis, spreads or any other transaction costs associated with the purchase and sale of physical grain indexed to a Merchants Plus price.