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CoBank's Knowledge Exchange reports that grain merchandisers face higher costs, larger inventories and more volatility. Drivers include aggressive farmer selling during rallies, elevated interest rates and rising transport expenses.
Higher handling and financing costs can widen basis and raise the cost of moving feed grain from farm to buyer, even when futures are steady.
business.sherbrookerecord.comCoBankMay 25, 2018Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
