Terminal Elevator

AAA

DEFINITION of 'Terminal Elevator'

A large pulley system, typically found at distribution centers, that is used to transfer large amounts of grain to trucks, rail cars, barges and ships, for transport. The terminal elevator is typically located in areas that have the greatest accumulation of the particular agricultural product, in order to transfer the commodity to one of its processors, such as flour mills, breweries and ethanol or alcohol distilleries.

INVESTOPEDIA EXPLAINS 'Terminal Elevator'

Several types of grain elevators exist and each has its own duty. Primary electors receive grain from producers for storage, forwarding or a combination of both. Process elevators receive and store grain for direct manufacturing or processing. Transfer elevators transfer grain that has been inspected and weighed. Terminal elevators receive grain after it has been inspected and weighed; then the grain is cleaned, stored and/or treated before being transferred.

RELATED TERMS
  1. Cash Commodity

    In futures trading, the cash commodity is delivered for payments. ...
  2. Commercial Grain Stock

    The current amount of harvested grain crops stored domestically, ...
  3. Approved Delivery Facility

    A facility authorized by an exchange to be used as a location ...
  4. Crop Year

    The time period from one year's harvest to the next for an agricultural ...
  5. Public Elevator

    A grain elevator that, for an associated fee, stores the bulk ...
  6. Genetic Engineering

    The artificial modification of an organism’s genetic composition. ...
Related Articles
  1. Investing Basics

    How To Invest In Commodities

  2. Active Trading

    Grow Your Finances In The Grain Markets

  3. Active Trading

    Commodities: The Portfolio Hedge

  4. Entrepreneurship

    The Series 3 Exam: Creating A Career ...

Hot Definitions
  1. Turkey

    Slang for an investment that yields disappointing results or turns out worse than expected. Failed business deals, securities ...
  2. Conduit Issuer

    An organization, usually a government agency, that issues municipal securities to raise capital for revenue-generating projects ...
  3. Financing Entity

    The party in a financing arrangement that provides money, property, or another asset to an intermediate entity or financed ...
  4. Hyperinflation

    Extremely rapid or out of control inflation. There is no precise numerical definition to hyperinflation. Hyperinflation is ...
  5. Gross Rate Of Return

    The total rate of return on an investment before the deduction of any fees or expenses. The gross rate of return is quoted ...
  6. Debit Spread

    Two options with different market prices that an investor trades on the same underlying security. The higher priced option ...
Trading Center