Grain Elevator Profit Margins Explained: Net Margin per Bushel

S2E20 - Disclaimer: There is a risk of loss in futures and options trading. Past performance is not necessarily indicative of future results.

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Most people assume grain elevators clear 70 cents a bushel, but once you take out the median 57 cents in expenses, the average net is closer to 13, and that changes how every penny should be merchandised. Jason Wheeler and Roger Gattis of White Commercial also get into why this harvest is the simplest selling decision in years, and why basis backs off when futures rally.

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