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.