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LMFAO.....this one is for Hobbyfrmr

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  • farmaholic
    Senior Member
    • Sep 2010
    • 17483

    LMFAO.....this one is for Hobbyfrmr

    I tried and tried to make sense of it, I did the math two or three times....then I checked the notification again and....Aaaaaahhhhh it all made sense....

    FLAX:

    .77 USD/lb.
    X 56 lbs/bu
    =$43.12 USD/bu
    X 1.32 Forex
    =$56.92 CAD/bu

    ORGANIC!!!

    sign me up!
  • hobbyfrmr
    Senior Member
    • Feb 2008
    • 3178

    #2
    That sounds like pie in the sky price. Coffee shop fodder to sour the chemical farmers even worse.

    I want to know the rest of the story.
    Who is the buyer? Name address and phone number please.
    Canada or USA?
    What are the terms?
    Who is responsible to pay for cleaning the flax to 99.9% ?
    FOB Farm? FOB Destination?
    Who clears customs? Who submits the FDA prior notice?
    What are the parameters? Which lab does the microbial tests? Peroxide Levels?
    Any organileptic parameters? (Totally subjective usually in the buyers favour).

    What bin was this from? Its not the same as the sample you sent.
    It sounds, smells, tastes and looks about $20/bu worth of too many darks seeds......at time of delivery of course.

    As always, remember to consider 8-10 NET bu/acre . 33% dockage and a newly contamimated field that will haunt you for generations. The neighborhood will laugh at the mess and your land will devalue in sale and/or rent price because everybody knows it will take them years to get it cleaned up and the fertility will never be the same as their own land........ever.

    Think about it critically, everything that glitters is not gold.

    Comment

    • farmaholic
      Senior Member
      • Sep 2010
      • 17483

      #3
      You are absolutely right, everything that glitters definitely isn't gold, but this is glittering like a 2 carat fabulously cut diamond.

      Comment

      • sumdumguy
        Senior Member
        • Mar 2007
        • 12004

        #4
        Farma, ask for the payment up front. I’ve seen wonderful offers too from time to time, but usually its payment in 6 months - or never.

        Comment

        • farmaholic
          Senior Member
          • Sep 2010
          • 17483

          #5
          Originally posted by sumdumguy View Post
          Farma, ask for the payment up front. I’ve seen wonderful offers too from time to time, but usually its payment in 6 months - or never.
          Hobby says use A/R insurance.

          Comment

          • sumdumguy
            Senior Member
            • Mar 2007
            • 12004

            #6
            Only if they are insurable? They may not make the cut.

            Comment

            • farmaholic
              Senior Member
              • Sep 2010
              • 17483

              #7
              Originally posted by sumdumguy View Post
              Only if they are insurable? They may not make the cut.
              True. Then what? Ask for a percentage or all of the estimated value? Then the buyer is at risk of some unscrupulous sellers sending them junk. Know your buyer/seller. How about a letter of credit?

              Comment

              • hobbyfrmr
                Senior Member
                • Feb 2008
                • 3178

                #8
                Originally posted by farmaholic View Post
                Hobby says use A/R insurance.
                Only if you want to know that the buyer is financially sound enough to pay you.
                Otherwise do whatever you want. It’s your grain. Possession is 9/10 of the law.

                Comment

                • farmaholic
                  Senior Member
                  • Sep 2010
                  • 17483

                  #9
                  Once business relationships have been established over a long period of time and some of those border requirements have been done afew times I "suspect" it's not that hard. I'm also thinking some of those grading loopholes get closed once long-term business relationships get developed and there is a level of trust between buyer and seller.


                  I bet there's afew guys who strike it rich(good yield X excellent price) with organic flax after wheat on fresh broke grass. Or two years after a legume plowdown.

                  Comment

                  • hobbyfrmr
                    Senior Member
                    • Feb 2008
                    • 3178

                    #10
                    Originally posted by farmaholic View Post
                    Once business relationships have been established over a long period of time and some of those border requirements have been done afew times I "suspect" it's not that hard. I'm also thinking some of those grading loopholes get closed once long-term business relationships get developed and there is a level of trust between buyer and seller.


                    I bet there's afew guys who strike it rich(good yield X excellent price) with organic flax after wheat on fresh broke grass. Or two years after a legume plowdown.
                    Dont do it, there is no money in it. Think about how you will damage your land for generations just to get a quick buck.

                    Comment

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