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Sherry Lorton: Oct 8, 2024
When offering Minimum Price Contracts (MPCs) as a marketing tool to farmers, it’s essential to clarify a key point: the elevator isn't buying call options for the farmer. Instead, the elevator buys the call option for itself to cover potential...
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Reviewing the fundamentals of the basis trading environment The 2023-24 crop year was a transition away from inversion and into carry for corn and...
1 min read
As you get your facilities in top shape for the fall harvest, don’t overlook doing the same for your merchandising. A little bit of pre-harvest...
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There are several different ways to say it, but at the core having basis eyes means
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A big drop in prices has farmers understandably reluctant to sell, but the grain industry still needs to grind, process, ship, and otherwise do what...
4 min read
Leveraging wisdom from tycoon John D. Rockefeller can translate to sustained success for grain elevators
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Take advantage of this transition period to reflect, strategize, and prepare for the upcoming season. Summertime in the grain business is both a time...
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I was recently talking to someone who buys 90% of the grain that crosses the scales; some spot and some forward contracted. The approach is nothing...
