Corn business is set up MONTHs to Weeks in advance.. we bid for "delivery slots" which matters more.. almost.. than the price.
Come heck or High water.. if you make a committment to fill x slot.. you better be there..
the spot is the slack.. can be lower.. most of the time.. unless someone is behind.. then it gets interesting.. but enough people watch it.. that "interesting" seldom makes it down to the producer level..
fwiw. |