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sw ontario | John, "here" its really not number of bushels you have its more flexibility too ship to different locations,end users...For terminals (Sarnia,Windsor) the broker has some flexibility and can help if you are a reasonably loyal customer....For forward contracts or delivery if you tell your buyer " I would like to get $xx" sometimes he can push the bids some......Now here elevators have posted elevator bids but off farm truck loads have special bid......Getting better basis is like getting a better interest rate at the bank ,you have to ask.....yrs. ago I seen what my bank was advertising mortgages for at open houses and it was 1/2% less than "posted rate" , so I asked "what's up" ,oh we can give you that rate,you just never asked...acc't managers can easliy slash mortgae rates 1/2-3/4 % and can also give more on GIC 's if pushed---hope winter has been good for you John | |
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Negotiating Basis??
