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"Sell up to your bushel guarantee"
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Wicksfield
Posted 6/23/2017 07:21 (#6085503 - in reply to #6085330)
Subject: RE: "Sell up to your bushel guarantee"


NCIN

Say Lotts contracts with his local elevator to deliver 1000 bushels at $3.80/bu.   You're saying he has no obligation unless the price goes up?   Not how I understand it.  One delivers to the elevator 1000 bushels or a check for $3,800.    

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