SE IL | Tara Farms - 5/3/2016 07:20
that all commd's always rebound to cover everybody's cost of Production??
I know two different farmers that have about a $6.00 per bushel difference in COP How does the market settle those differences.
That depends on their proximity to each other. If they are many miles apart then land prices, rents, basis, etc can make up a large difference. If they are neighbors, that's hard to reconcile. If they are producing the same product. |