Hedge to arrive contract is a transaction providing for subsequent delivery within a stipulated time limit of a specific grade of a commodity. A hedge to arrive contract is often associated with commodities in the grain market of futures trading. Essentially a to arrive contract is an agreement to lock in the only the futures price portion of the contract. This is an agreement for a specific amount of a commodity to be delivered in the future for cash. The basis may be set at a later date, but it must take place before delivery of the contract.