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Why do the price spreads between locals and certain terminals sometimes vary ( i.e. Groveland beans)?

April 26, 2017beans certain groveland locals price spreads terminals

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Why do the price spreads between locals and certain terminals sometimes vary ( i.e. Groveland beans)?

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TMA bases their local cash prices off the best available market less freight and margin. When the best available market switches during the course of harvest, the price differential between two locations will change.