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
grain pricing
4 posts tagged "grain pricing".
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.
Price Risk
Forward Contracts and Basis Contracts
Forward contracts lock a cash price. Basis contracts lock the futures piece and leave basis open.
Grain Markets
How a Country Elevator Builds a Cash Bid
See how futures, local basis, freight, and handling turn into the cash bid on an elevator board.