Unmet expectations are the springboard for all kinds of human problems. When things don't go as expected, the likelihood of becoming irrational or having exaggerated emotions is high. What does this ...
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The country elevator is in an enviable position to serve as a price neutral conduit for grain from producers to end users. In order for this to work, you must start by always being fully hedged. Once ...
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I ran across this in my favorites folder the other day. I thought it a worthy reminder of how being successful in the grain elevator business is achieved by staying true to a few simple principles.
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Cambridge dictionary defines waste of space as “a person or thing that is not useful or helpful.” In the grain storage business, it is our responsibility to make sure that our space is both useful ...
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A common refrain throughout my time and travels in the grain business is the concept of “selling the carry.” This is roundly regarded as a good thing to do whether you’re a farmer, elevator, ...
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The reason behind some buyers not volunteering this information to the elevator grain merchandiser isn’t necessarily deceitful; rather, it can be just a matter of the buyer himself not possessing a ...
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The Basis Trader's Rules We are in the grain business and we are basis traders. Futures are used only to fix the basis on a grain transaction and futures spreads are used only to connect purchases ...
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