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Rising Cost of Grain Storage Will Force Elevators to Lower Bids, Widen Basis

Rising Cost of Grain Storage Will Force Elevators to Lower Bids, Widen Basis
High interest rates and crop prices send grain ownership and inventory costs to record levels DENVER, May 31, 2023 (GLOBE NEWSWIRE) — The cost of storing grain, commonly referred to as the cost of carry, has soared to record highs due to rising interest rates, high commodity prices and increasing costs for labor, insurance, transportation […] The post Rising Cost of Grain Storage Will Force Elevators to Lower Bids, Widen Basis appeared first on ForexTV... Read More
Posted: May 31 2023, 17:17
Author Name: forextv
Views: 081484

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