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Middlemen Win, Farmers Lose

Ten years ago, I was billed about $8 per ton at my local wooden elevator. The wood-ens have now been replaced with efficient high-throughput concrete elevators with 100-car load-outs. You will be better off, I was told; it will be more efficient. Now I pay $14 per ton at the concretes.

Ten years ago, a new way of setting freight rates using

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