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Simply stated, the shared burden of both the basis and futures is to move grain. When these signals are interpreted correctly, this task is accomplished. The point of difference being who these signals are intended for.
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Sherry Lorton: Oct 28, 2014
As the Controller, CFO or CPA responsible for producing financial statements for your company’s grain division, do you sometimes feel that you are...
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By this point in the harvest season, the writing on the wall has become the chicken coming home to roost. That is, this massive crop that kept all...
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In many parts of the world, grain merchandisers have just begun taking in a huge harvest. Dealing with logistics, limited space, slower than normal...
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Price Later (PL) Fees are unlike any other fees charged by grain elevators. For a background on PL Fees and what causes them to change, check out...
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Understanding the idea of Minimum Price Contracts
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Depending on what area you are in, you may hear it called Price Later (PL), Delayed Price (DP), or No Price Established (NPE). All of these terms...
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We all know what’s happening this year: across much of the country, we are staring down the barrel of a bumper crop of both corn and soybeans....
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Scott Hardy: Sep 2, 2014
In my 30 plus years in the grain merchandising business, I’ve been asked to do a lot of comparisons. Elevator GMs want to know how their margins...
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And no, this is not in reference to those somewhat awkward transition moments between childhood and the teenage years; rather, it’s referring to...
