We have customers that do Minimum Price Contracts. We can put the option cost on the original contract, however if the customers get paid before they have sold their option, the only way to pay them is to reverse the settlement, and redo it with the option gain OR to make a zero ticket to settle and add that adjustment to that settlement. We would like a way to add a payable adjustment whether plus or minus without going through all of that
| Date Submitted | Feb 11, 2026 |
| MerchantAg Modules | Commodity and Grain |
| Product | MerchantAg |
| Who will benefit from this idea? (Department and/or Job Title) | Grain Merchandiser/Grain Payables |
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What problem does this Idea solve?
It solves a lot of double work and confusion. They way the minimum price contracts work is great, however there isn't a good way when the farmers sell the options to get that money on a settlement if there is a gain, especially if they have already been paid. |
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We attempted that yesterday. This customer has been paid for the grain he delivered. There is nothing on his account. In the settle by Value box we put the amount that we owe him for the option, however nothing happened. I guess I don't understand how to advance when nothing shows up. The only way I know how to get a settlement, when there are no loads payable, is to add a ticket for zero bushels and put the adjustment on the ticket. I'm certainly open to learning how best to do this process without reversing settlements from a few months ago to achieve this. Thanks!
@Guest Have you considered using Purchase Advances for this workflow so that you may advance the payment prior to the option being exercised? The settlement would follow to account for the advance.