Target Order (Open Order)

• Grain always exposed to market
• Used when market is below your goal
• If market moves to your "target" your order is filled
  • Becomes Purchase contract or cash sale
•  Target can be cancelled anytime prior to being filled
• Great tool for scale in pricing
• 1,000 bu minimum
• Orders can be put in for 10 days, if doesn't fill within 10 days, it becomes producers responsibilty to call and put order in again, otherwise it is assumed to be cancelled.