date:Nov 02, 2012
ies and commit a portion of their guaranteed bushels to delivery. This harvest price is critical if any lost production must be replaced at higher market prices for on-farm feeding or to fulfill delivery on a forward cash or hedge-to-arrive grain contract.
Shortfall of Contracted Bushels
Once farmers realize that they cannot deliver all the bushels theyve contracted, they should work with the grain merchandiser on a strategy to make up the shortfall in bushels or pay the replacement value of t