Grain Markets
Cash Sale Now or Delivery Later
A spot sale turns grain into money now. A later delivery keeps a bid and uses your bins. They are different sales.
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3 posts tagged "cash grain".
A spot sale turns grain into money now. A later delivery keeps a bid and uses your bins. They are different sales.
Before you accept today's cash bid, confirm the net price, the shrink, the receiving hours, and which bin you are emptying.
Forward contracts lock a cash price. Basis contracts lock the futures piece and leave basis open.