Posted 2/20/2021 08:12 (#8846178 - in reply to #8846050) Subject: RE: Educate me on grain elevators
USA
smoking4020 - 2/20/2021 06:15
I understand the basics of how a grain elevator works. They buy grain from the farmer then hedge it. But in a market like this where the deferred months are inverted how does an elevator manager navigate through a inverted market and make money ?
Thanks
Simple answer is grain elevator profits are going to take a big hit this year, with current situation.