Posted 5/28/2020 12:37 (#8285413 - in reply to #8285226) Subject: RE: CFAP and Grain Contracts
What you explained is the same thing as a basis contract. You no longer own the grain in a basis contract, you only own a long futures position, whether the coop pays you a portion of the current cash price in a basis contract is between you and them.
CFAP and Grain Contracts
