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NCND | Popcorn
Let's ask this how much less would you be willing to sell your grain for when prices were high or just above COP? Say corn was at $6. Would you settle with 4 or 5? Perhaps 3.75? I mean
Why do you deserve a profit anymore than anyone else?
End users pay whatever price it takes to get their product.
Elevators are a middle man. They play basis and spreads. They don't buy grain in hopes of market rallying. Their business is turning over grain. Not storing it. Ask any GM. The main source of revenue is turning over of inventory.
Basis does the work to move grain or not move grain.
Leave the central planning to the communists, socialists ect(which there seems to be a growing number of on here none of which will admit to being such things)
Edited by vailcat 2/6/2016 12:07
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End users of corn ?
