More "profit bashing" is all it amounts to. Cash prices are determined by supply and demand. They are related to futures prices, but related is about all it is. We frequently sell grain for more then futures price because there is demand for it. If one is going to expect someone else to take delivery of all of your grain at your convenience then it shouldn't be too hard to figure out that you are probably going to get less for it then you would if you delivered it at the buyer's convenience. It is abundantly simple...if you don't like the price being offered, don't sell into that market at that time. If you don't want to do anything for yourself in terms of storage and transportation then don't come whining to me because you have to pay someone else what they want for their services. As a final note in reply to the article....basis, like all contract terms, is very much negotiable. One's actions and level of preparation determine the strength of your negotiation position.
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