Like any other financial market, the farm commodities market can be volatile, which can be a challenge when it comes to managing cash flow. Our swap for producers allows you to lock in a portion of the sale price1 for your crops, reducing the impact on your cash flow. Contact your account manager
Decide on the transaction amount and time period.
Negotiate a fixed price (swap price) with National Bank.2
Sell your crop to a chosen buyer (consumer, grain dealer or processor) at the fixed sale price.3
At the end of the term, settle up any difference between the market price and the swap price.
National Bank will pay you the difference between the swap price and the market price for the value of the contract.
You will pay National Bank the difference between the swap price and the market price for the amount included in the contract.