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I need a lesson in marketing.
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BobinIL
Posted 10/29/2015 10:24 (#4864699)
Subject: I need a lesson in marketing.



Danville, Illinois

How do you buy your crops back on paper?

Lets say I haul 100 bushels of soybeans to the elevator.  The price on the board is 8.75 the elevator is offering 8.60.  I am given 2 options by the elevator.  I can either sell for 8.60 or I can put them on DP for 0.20  til Jan 1st.  I usually go with DP.  If I sold them how do I buy them back on paper?  Do I do this through the elevator or do I need to call some sort of broker?  What will it cost me to buy them back on paper? hopefully less than 0.20.  Sorry for asking such basic questions.

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