Those clowns should at least give you the spread of the next contracting month that existed at the time the contract was made. IIs equivalent of theft in my mind.
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90 days is too long to expect someone to wait for cashflow if they have payments. Expecting everything to click in two weeks might be asking too much and we should build in a bigger cushion...but 90 days from the end of the delivery period.is bizarre. Time to advance a huge portion of the value of the contract and the risk of the grain going out of condition or being stolen or what ever becomes theirs.
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Originally posted by bucket View PostFor weekly movement and 2.5 mmt of boats.....that means someone is behind schedule.
2 - 30000 tonne facilities within an hour that can load 100 plus cars are plugged waiting for cars from two weeks ago....and still calling in January contracts....
A functioning market??
Nothing to see here folks.... move along.
Sounds like around here!
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esp. with a fall delivery contract. i have been screwed taking the early months at a discount
only to get movement. then they do not take it till dec. jan.
if that is the case they should pay the difference. on the futures
then to get around storage, they , at least richardsons , give themselves 3 months to take it.
you are not going to win
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Big time LikesðŸ™ðŸ™‹,on the last 2 posts!
Can I invest? If anyone knows how to be on the right side of both sides, it's me. I'm so excited for this business structure. It will gain me profits whether I'm buying or selling! Cause as a grower I win because I'm the smartest marketeer and as a seller.... well! Either way I win, cause your success is my success 😬. Or.... I just ****ed you, but made money anyways and you'll be back tomorrow to buy and sell from me because your a new age sell out.... or have Stockholm syndrome?
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Man oh man. When you put it on paper and read it back it s so stupid that you think how can we all be this stupid?
It really is true we can start our own terminal hive any grade we want to wheat or I d suppose just about any grain because with a bit of brains and manipulation to that grain can sell
It for a better grade easily. They're doing it all the time and have no brains or maybe better put it s us that have no brains?
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BigWheel.....check your inflation pressure....your PSI seems too high....you're going to blow out a sidewall. Lower the PSI, you'll get more traction......you're spinning your wheels!
;-)
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