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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures

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To: Ish who wrote (8978)1/3/2006 6:13:02 AM
From: robert b furman  Read Replies (1) of 12411
 
HI Ish,

Pardon what must be a newbie question.

I grew up in Wisconsin and know of several feed mills - most have significant storage capabilities.

That being said 0 I'm clueless how it all works and meshes with the CBOT.

Farmers sell to feed mills.Feed mills buy based on CBOT quotes and resell to farmers as ground corn is needed for feeding cattle.

Feed mills provide storage grinding and drying services?

Who and where does delivery ever occur at?

Bob

TIA
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