Protecting children from unhealthy food marketing
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Specific decision rules are needed regarding pre-harvest forward contracts because it is possible for an advisory program to recommend taking the LDP on those sales before the grain is actually harvested and available for delivery in central Illinois. To begin, it is assumed that amounts sold for harvest delivery with pre-harvest forward contracts are delivered first during harvest. Since LDPs must be taken when title to the grain changes hands, LDPs are assigned as these “forward contract” quantities are harvested and delivered. This requires assumptions regarding the timing and speed of harvest. Earlier it was noted...
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