Sankusky, OH | This swap rate what the credit risk currently thinks of ADM credit quality. The perception is that the financial risk has increased since last November. Not scared to tell you what the girl said at my elevator. She used to do 10 days credit to Archer-Daniels Midland, now she is 3D, otherwise no trucks sent there/.. With ADM the coop now wants their grain ticket # outurns on the same day delivery to invoice and get paid asp by adm.
Cash/credit squeeze
Edited by DBC farmer 2/7/2024 17:57
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