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<p>[QUOTE=&quot;fatima, post: 1472162, member: 22143&quot;]I&#039;m not sure what the problem is for the farmer.&nbsp; His contract is for a certain price for a delivery of corn on a certain date.&nbsp; Why would he be worried about who bought it, how many times it traded hands or where it ended up since his only concern is getting the money for his corn?&nbsp; &nbsp; </p><p><br /></p><p>Of course he is free to sell his corn to his hometown mill, but without a futures contract for a guaranteed price, the farmer then takes on 100% of the risk that he might get a lot less for his corn.&nbsp; Likewise the local mill, who chooses to buy direct, runs the risk that no farmers might show up and the mill has to close.[/QUOTE]</p><p><br /></p>

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