The Best Way for Farmers and Grain Elevators to 'sell the ...
2021-8-21 · The local elevator’s spot bid for corn is 3.47, but their January bid is 3.70. The farmer decides since the January bid is better, he will wait until then to sell. When January rolls around, the elevator’s bid is now 3.47… again. That 23 cents of “carry in the market” vanished. Neither the farmer nor the elevator got it.
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