Seam offers two new trading features

October 2004
Southeast Farm Press;10/20/2004, Vol. 31 Issue 24, p18
Trade Publication
The article focuses on the two new programs by The Seam, the cotton industry's electronic trading platform that has just begun its fourth year of operation from its headquarters in Memphis, Tennessee, which that enable merchants to purchase grower equities and redeem the cotton from the loan, all with a few keystrokes on a computer. The electronic redemption process is one of two new offerings. The other, which will allow growers to sell cotton on a basis contract, could help growers in the Southeast and Mid-South receive more for their cotton through basis contracts.


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