Dave If you call me at 989 413 5684 I will try to explain it to you as best I can. It will be the best way as it takes volumes to try to type it and lots of experience. I learned a lot by talking to one of the buyers at The Andersons in Toledo OH. You should have several options for sales. They are as follows. Forward contract Hedge to arrive Basis Cash and of course the Hedge as the brokers like to get you to do. ( Merrill Lynch used to be one of them). Options now the options is the one I know the least about . That is the buying of Puts and Calls, one has much more risk than the other one. I think that is the Calls ,it has to do with whom is the underwriter of the contract, ( another words as I understand it the guy with the risk). Basis is done when you think difference between cash and the CBOT is as close as it will get and the CBOT has room or will go up. Or cash will drop off. Hedge to Arrive ,Is for when the CBOT is high and the basis is wide and you think the CBOT will drop and basis is not going to change much or narrow( get closer). Cash is of course when you just simply deliver at the market for whatever the going price is that day. Forward Contract is just that a contract to deliver a predetermined quantity at a specified price at a defined time. Now I haven"t done any of these in years so some of this has changed I"m sure and make no claims to your or anybodies success or failure from this information. Yes of course the disclaimer. LOL
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
... [Read Article]
Latest Ad:
1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
[More Ads]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.
