Posted 11/1/2014 06:34 (#4154820 - in reply to #4154755) Subject: RE: How do price later contracts work for elevators?
Central Missouri
If you sign a price later contract with an elevator or anyone else the title to the grain transfers from you to them so they own it and if they go belly up you are standing in line with all of the other unsecured creditors which means you will get paid pennies on the dollar owed you.