If I'm understanding you correctly its the elevators profit margin for handling, storing and marketing. If there is high demand locally (i.e. ethanol plant) then the basis is very low. If they have to cover the cost for it to ride a barge all the way to New Orleans then the basis is high.
again, thanks
oh, by the way, did you guys know that the gov't still pay people NOT to grow grains. I receive approx. $600/year for corn and approx. $75/year for wheat. Actually i could grow as much as I want, but I'm not allowed to SELL any of it. Good thing I'm in the cattle market (I do grow corn to feed them)
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - Tractor Operator Safety - Loader & Backhoe Operation - by Staff. Loader Operation Do not transport anyone in the loader bucket. Always carry the loader bucket low for maximum stability and visibility, whether the bucket is loaded or empty. Always use the recommended amount of counterweihting to ensure good stability. Be careful when handling large objects such as round bales, logs,
... [Read Article]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.
