And yet we see this major change in the basis while the same contract was in effect, is that correct?
It is a cause, but it is not exclusive.
Well, I am glad to hear you acknowledge at least that it is a contributing factor.
But you have the authority, should you decide to issue that rule?
Exchanges typically charge a transaction fee and a clearing fee for each commodity trade that takes place.
If elevators are hurt, because they cannot effectively hedge, is it fair to say that farmers who deal with those elevato...
It is a predominant factor, yes.
The problem is that there is an embedded option inside of the futures contract for below-market cost of storage.
I am not sure I understand your explanation as to why you disagree that the storage cost shift cannot explain this incre...
I have seen the consequences of allowing aquatic invasive species to enter our waters.
The zebra mussels started in the Great Lakes. Thirty States are now infested with zebra mussels.