For example, suppose it’s the middle of July, and the spot price for corn in your region (i.e., where you could sell your corn to your local grain elevator) is $4.25 per bushel. If the September futures contract is trading for $4.45 per bushel and the December contract is trading ...
Cooperative grain handlers on average facilitate a significant increase of 0.65–2.08 per bushel in the corn cash price of competitors within a 5–17 mile radius. Our novel findings inform recommendations in terms of spatial entry and location decisions by cooperative grain handlers....