| ObSeRv - 4/3/2024 21:01 You’re still missing the point. Grain bins are awesome for harvest progression. Use ours for that same purpose. However, what goes in the bin is hedged. Only 5-10% ever at the most is still used as gambling bushels. He’s saying commercials do well playing the basis game. Proven to be an efficient way of business.
And you’re missing the point that that is the ONLY reason for the commercial to have the bins.
The commercials don’t gain anything from improving harvest logistics because they’re not harvesting.
Yes, the farmer still needs to market the grain.
For those worried about on unpriced grain being “speculation”, at what point does unpriced grain become speculation? When you buy the seed? Or is it when the field is planted? When it’s pollinated? Or when it’s harvested? Or a couple days after harvest when the elevator forces you to sell or put it on storage?
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ROI for a new grain bin of your are a dummy like me!
