Public Elevators
Posted By: TradersLog
Grain elevators in which bulk storage of grain is provided to the public for a fee. Grain of the same grade but owned by different persons is usually mixed or commingled as opposed to storing it identity preserved. Some elevators are approved by exchanges as regular (see Regular Warehouse) for delivery on futures contracts.
Twitter
Facebook
LinkedIn
Leave a Reply
By submitting a comment here you grant Traders Log a perpetual license to reproduce your words and name/web site in attribution. Inappropriate or irrelevant comments will be removed at an admin's discretion.