Re:Oil plunges below zero for first time with May contract e...
by gezh on Monday April 20, 2020 @03:43PM
(#22927628)
If I remember correctly, in contrast to WTI, you will get assigned a shipping/warehouse certificate for wheat/corn in a designated elevator somewhere. You'll have to pay the warehouse a daily carry cost but don't actually have to take it out of that warehouse (you can if you want to).
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Re:Oil plunges below zero for first time with May contract e...
by hkmurakami on Monday April 20, 2020 @04:30PM
(#22928164)
That reminds me of the GS Aluminum storage warehouse story.