In DGM terms the CIF price is “Carry, Interest, and Freight.” FOB Price – Cost to Carry. We use CIF to factor in the cost of storing your grain until the delivery period plus the freight costs to get it to the destination. The CIF helps you identify the best values based on price, freight, and storage costs.
You can edit your carrying charges in the “edit defaults” section on DGM for a true representation of what it costs your organization to store grain. Deferred months will have a higher “cost to carry” than near term delivery months.