Posted 8/29/2013 21:45 (#3297219 - in reply to #3297133) Subject: RE: Saw this in Drover's online, a little different....
Clay county, MN
+1. Commercial shorts = farmer selling. Elevators make money on basis and carry. They do not want to be exposed to futures. When you sell, it is immediately hedged on their part as well. I would be weary of an elevator playing with futures contracts! An elevator that speculates on futures markets won't be in business very long.
Saw this in Drover's online, a little different....
