northern edge of north central Missouri | Crowcrick - 8/15/2024 08:17
I guess my question to you is how does the buyer of our grain protect his position for the period it takes for him to sell the products of that grain.
IE buy bean takes 20 days to get beans to PNW port, 15
days to float to China, 5 days to process 20 days to ship to enduser.
60 days to hold beans without price protection could break a lot of end-users.
Hedge on the board. Same as they do now. |