Posted by NY 986 on June 29, 2013 at 07:11:16 from (67.142.168.143):
In Reply to: crop futures today posted by tractormiallis on June 28, 2013 at 19:50:59:
It seems anymore that "contracted" prices here in the East do not mean that much, anyways. If the cash market at delivery time is substantially below the contract price the merchants pull out the dockage charges that would not be seen otherwise to bring the price down to what they want to pay. I suspect that it is wide spread but is one of those things that nobody wants to admit to because we all want our peers to think we squeezed the best out of the merchants.
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