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کمیسیون بازرگانی فدرال
The Federal Trade Commission's (FTC) Report on the Grain Trade analyzed terminal and country grain marketing around 1920.
With some alarm, the FTC documented that merchandisers tended to control terminal grain elevators, country elevators, and grain export facilities.
With respect to country elevators and warehouses, the FTC found that 35% were "line elevators" owned and operated by large grain merchants.6
This logic can explain the phenomenon noted by the FTC almost a century ago: the decline in "public" warehousing and merchandiser ownership (or control) of storage facilities.
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