
“Flex” Your Marketing Muscle
Our Top Third Flex is a program offered for experienced farm and livestock operations that are comfortable with margin and want more trading flexibility when managing risk.
Top Third Flex is for you if you:
- Are comfortable trading with margin
- Understand and use more advanced trading techniques such as futures & spreads
- Want guidance from Top Third, but also like to trade your own ideas
- Need trading flexibility to complement cash sales
- Looking for more specific pricing models
How it Works
Based on market conditions, the Flex Program offers the trading flexibility outlined below.

Rallying Market
Rallying Market
- Make Cash Sales (current and next crop year)
- Sell Futures
- Roll Up Calls
- Use option spreads to establish floors or cash sale levels

Sideways Market
Sideways Market
- Capture Carry
- Roll calls or puts on short-term rallies or breaks to maximize protection and option value
- Use short-dated options to capitalize on short-term moves or market events

Falling Market
Falling Market
- Roll profitable puts positions down
- Buy Calls and/or Futures
- Don’t pay for commercial storage – sell grain and look to re-own on the board