Archer Daniels Midland: Hanging on the Hedge [View article]
the debt is short term and is covered by the basis values charged when all the grain is delivered to them by producers. He stated that investors should invest in companies that have controll over prices- well the cbot and traders set prices but adm and cargill set basis and wheat is $1.00 under cbot. Yep they know how to profit. I will call my broker monday it is a bargin.
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the debt is short term and is covered by the basis values charged when all the grain is delivered to them by producers. He stated that investors should invest in companies that have controll over prices- well the cbot and traders set prices but adm and cargill set basis and wheat is $1.00 under cbot. Yep they know how to profit. I will call my broker monday it is a bargin.
Jul 11 19:25 pm
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