Posted 10/20/2010 15:17 (#1401192 - in reply to #1401023) Subject: Re: DP=delayed price
As stated previously, you give up ownership of the grain to the elevator, with the option to price the grain at a later date. You must be sure that your elevator is in a strong financial position. If they would go bankrupt before you set a price, you may be SOL, because you have no warehouse receipt.
Jan SB forward contract
