Our Freedom® Min Price Average℠ program has the same pricing feature as the Freedom® Min/Max Average℠ program, but there is no set maximum hedge price established at the start of the pricing window.
A: If the market settlement is above the minimum, that day’s value is set at the day’s market settlement price.
B: If the market settlement falls below the minimum, that day’s value is set at the minimum price.
Final pricing is determined by the simple average of each daily price.
Price Balance Option quoted per bushel.
Pricing window and futures reference subject to daily quotes.