Price discovery is a key aspect of grain marketing. It can also be time consuming and take a lot of legwork. Once you do find a price you’re happy with there may still be a few hiccups before a transaction is completed, either because of cross-border services and paperwork or with grade disputes at the destination. A cash broker can help with all aspects of these transactions.
In this second episode of Ask Farmlink, Darcy Caners with MarketLink Brokerage Solutions explains what a cash broker is, when you may want to use one, who pays for the service and how to chose the right cash broker for your farm
For more Ask FarmLink, click here. If you’d like to submit a question to the AskFarmlink series, please email Lyndsey Smith at [email protected]
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