grain elevators matter because we buy when others don’t want to buy and sell when others don’t want to sell. We ship when others don’t want to ship and carry when others don’t want to carry. We hedge when others don’t want to hedge and we spread when others don’t want to spread.
took a 15 year pause from Facebook, I signed back in a week ago, my account was still there, that was shocking, I have no idea what the hell I’m doing over there.
If you are a grain merchant you got two choices:
Store grain or store money. Knowing when and how is the art.
Put time in between transactions. Need bins and wheels and a good line of credit.