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**haudraufwienix** · 07-14-2012, 11:34 PM

Of course they have to contract crops all throughout the season, it's not like they can show up at the elevator and just take whatever the price it is that day!

Actually grain farmers can, it is normally under what is quoted @ CBOT. -.20+/- depending on a lot of factors.

The ones truly screwed are the livestock producers. They are held hostage to CBOT numbers and auction prices. Doesn't matter what their inputs are they are basically screwed when it comes time to sell.

07-14-2012, 11:34 PM	#27
haudraufwienix Join Date Oct 2005 Posts 460 Senior Member	Of course they have to contract crops all throughout the season, it's not like they can show up at the elevator and just take whatever the price it is that day! Actually grain farmers can, it is normally under what is quoted @ CBOT. -.20+/- depending on a lot of factors. The ones truly screwed are the livestock producers. They are held hostage to CBOT numbers and auction prices. Doesn't matter what their inputs are they are basically screwed when it comes time to sell.
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