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Elevator Margin
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unknown legend
Posted 1/12/2021 13:21 (#8745238 - in reply to #8745048)
Subject: RE: Elevator Margin


Interest on margin calls and increasing credit lines to cover the margin calls as well is the concern, lots of elevators have twice the money borrowed today versus a year ago. Lots of grain got sold way too cheap, it's a dead ringer to 2008 in the grain elevator business, hopefully they don't quit buying for awhile like happened in June 2008 at the highs.
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