Terminal Elevator

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Terminal Elevator

A large storage facility for agricultural products, especially grain. A terminal elevator allows investors to store their purchases prior to or after delivery. A terminal elevator does not differentiate which investor owns what grain; therefore, it is possible that products will mix together. An exchange must recognize a facility as a terminal elevator before it may be used as one.
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The co-op will offer members the option of shipping grain to terminal elevators under the co-op's name, or it will pick grain up on members' farms.
Jayas's research has also made important contributions to the potential use of digital image processing for classification among different types of grains and foreign materials in grains and for automation of grain handling in terminal elevators.
World markets for Canada's grain will have to shift if the 10 remaining terminal elevators in Thunder Bay hope to recover business lost to ports on the West Coast, industry experts say.
As such, they tend to track prices where grain is originated (the cash market) more closely than corn and soybean contracts traded at the Chicago Board of Trade (CBOT), which are based on delivery to a few terminal elevators.
The corresponding percentages for large country elevators and terminal elevators were 69% and 99%, respectively.
OSCAR enables inland elevators, terminal elevators and exporters to instantaneously enter the names and acreage of producers who have contracted to grow Optimum[R] High Oil Corn, Optimum[R] High Oleic Soybeans or any of the other added-value grains and oilseeds products from Optimum.
CN has overcome winter-related service issues, and is making grain available at terminal elevators consistently and reliably," Harris said.
It also expands the ability for feed and food processors, terminal elevators and exporters to electronically trade commercial quantities of grains and oilseeds.
OSCAR enables inland elevators, terminal elevators and exporters to instantaneously enter the names and acreage of producers who have contracted to grow Optimum(R) High Oil Corn, Optimum(R) High Oleic Soybeans or any of the other added-value grains and oilseeds products from Optimum.
They also provide sampling, grading and certification of commodities at primary and terminal elevators including, probing of rail cars, trucks and containers and bagged warehouse lots in addition to inspection of cleanliness and supervision of loading and discharge.
The restored connection at Mansfield will allow Norfolk Southern to provide fast turn-around on grain trains to terminal elevators in Decatur, IL.
Farmland has over 1,500 cooperative elevator members and eight midwest terminal elevators.
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