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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Ahda who wrote (15553)8/9/1998 4:03:00 PM
From: IngotWeTrust  Read Replies (3) | Respond to of 116790
 
Yes, there is a limit to how long grains can remain in storage. The longer the storage time, the lesser the quality, the more delivery price gets docked to the seller at the time of the sale.

Just as flour in the Tupperware Cannister can get "bugs" in it, so does stored grain. Tis why the commodities markets pay so much attention to "carry-over" between crop years.

Retired farmer O/49r



To: Ahda who wrote (15553)8/9/1998 10:36:00 PM
From: long-gone  Respond to of 116790
 
Rule of thumb used to be (all things being equal) 1 year old grain reduced by 18-20% in price from new crop.
rh


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