Price Risk
A Target Price and a Market Order
A target waits for a number you chose. A market order takes the price available now. They fail in different ways.
Tag
cash bids
3 posts tagged "cash bids".
Grain Markets
Mistakes When Comparing Elevator Bids
Two cash bids are comparable only after you match the futures month, the discounts, and the delivery window.
Grain Markets
Why a Nearby Feed Mill Can Lift a Bid
A feed mill short of nearby grain can lift the local cash bid even when the futures price does not move.