Posted 10/24/2015 07:27 (#4855170 - in reply to #4855084) Subject: RE: So I will ask again ......
Maize..........why one or the other ? China would still need those beans put on a ship and heading their way. The difference is once producers let them have them un-priced on our end. We gave up bargaining power. I'm sure car dealers would do the same right ? If end user's didn't like the price...........they would give end users part of their need and let the end user come up with a price latter. Makes as much sense as smacking my finger with a hammer repeatedly.
How much Corn & beans are commited to deferred price contracts?
