Cash contracts let you know in advance if you will profit or lose on your crop. Exact price is known in advance. No margin money is required. It'simpler than hedging in futures market. You have reduced flexibility.
Price is usually below futures price.
The futures market also lets you price your crop before delivery. You can hedge your crop before it is planted, while it is growing, or while it is in storage. Because many buyers and sellers are involved in the futures market, prices are usually pushed to their highest levels. Futures Market Advantages You know price range. You have maximum flexibility.