An overview of the main players in physical grain trading is presented in this chapter. And the key concepts of hedging and basis trading from the perspective of middlemen are introduced.  

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Middleman Hedging: Grain Elevators

  • Chris DeLong,
  • Andrew McKenzie,
  • Thomas Meierotto

摘要

An overview of the main players in physical grain trading is presented in this chapter. And the key concepts of hedging and basis trading from the perspective of middlemen are introduced.