What is a Contract Month?

  • It is the month in which the crop of a new crop marketing plan will be harvested. Also referred to as the price risk month this is a very important date. 
  • If you are not sure and a season’s harvest can fall between contract months, then typically the later contract month is used. Ask a registered trader to advise you in this regard.   
  • When this original Contract Month expires, CropsProfit automatically uses the next contract month which keeps the season in the spot month until the total harvest is sold.
  • As this is one of the core variables in a crop marketing plan it cannot be changed once a new season is created.