What a great idea!

[DEEPSouth]

Long time reader, first time poster.

Bayer had its big meeting, here’s a quote from a DTN article;

“Condon also highlighted Bayer's new outcome-based pricing system, which the company is running a pilot program on in the U.S, in the hopes that it will become a new pricing paradigm in the industry.

The system involves guaranteeing farmers a yield or outcome from seeds or other inputs. If the farmer falls below that outcome, they pay less for the original input. If they surpass it, they share some of the profits with Bayer. "This is something that we are trialing in the U.S. currently," Condon said. "And initial results look extremely promising. We're expecting to roll it out in the next few years."”

Long story short, we grow more but have to pay on a sliding scale.

[AlbertaFarmer5]

Long time reader, first time poster.

Bayer had its big meeting, here’s a quote from a DTN article;

“Condon also highlighted Bayer's new outcome-based pricing system, which the company is running a pilot program on in the U.S, in the hopes that it will become a new pricing paradigm in the industry.

The system involves guaranteeing farmers a yield or outcome from seeds or other inputs. If the farmer falls below that outcome, they pay less for the original input. If they surpass it, they share some of the profits with Bayer. "This is something that we are trialing in the U.S. currently," Condon said. "And initial results look extremely promising. We're expecting to roll it out in the next few years."”

Long story short, we grow more but have to pay on a sliding scale.

I would be all for sharing the risk. If my margins go negative, will the price of the inputs go negative too?

[farmaholic]

Or, they pay me to grow canola. Custom rates and land rental. Supply their agrologist and spend as much as they like....I don't care.

Weather? Who cares!

[Braveheart]

So people on here are against the seed tax but support this? ITS THE SAME THING. You're surrendering. Becoming serfs. You're entrepreneurial spirit is dead. Bayer can shove this idea up their ass and get bent.

[MBgrower]

WCWGA must be gushing.

[binthere]

Yes the word outcome can leave a sour taste Comrads.

[bucket]

Long time reader, first time poster.

Bayer had its big meeting, here’s a quote from a DTN article;

“Condon also highlighted Bayer's new outcome-based pricing system, which the company is running a pilot program on in the U.S, in the hopes that it will become a new pricing paradigm in the industry.

The system involves guaranteeing farmers a yield or outcome from seeds or other inputs. If the farmer falls below that outcome, they pay less for the original input. If they surpass it, they share some of the profits with Bayer. "This is something that we are trialing in the U.S. currently," Condon said. "And initial results look extremely promising. We're expecting to roll it out in the next few years."”

Long story short, we grow more but have to pay on a sliding scale.

Its a phucking stupid idea....They want a premium for better weather....Farmer is still the risk taker....

[Braveheart]

WCWGA must be gushing.

They seem confused. Their president supports the seed tax but opposes this idea? Split personality.

[Oliver88]

So Bayer expects their customers with higher yields to pay a “high yield tax” to give customers with below average yields a rebate.

Bayer will have to create a department to administer this and us farmers will indirectly pay for those salaries.

[Braveheart]

Is this what happens when you have a bonehead idea and buy Monsanto? You come up with another bonehead idea to pay for your mistakes?

Bring in Astralnada and the Sustainbale Pulse police to grind them into the ground.