Heads up on contracts.

[GOODRUM]

Bad plan. The first question the media will ask is why did mr farmers sell something they did not have and with no guarantee of getting. Any one else doing that would be considered a scammer.. farmers will come out looking greedy, unreliable and poor managers. Many urbanites already have that opinion so why encourage media to amplify it.

Farmers should be talking up drought and the economic costs of it every chance they get but to focus attention on infilled contracts that farmers signed before knowing they would get a crop will backfire.

I disagree, there is an explanation why farmers sell something they haven't produced yet because the grain cos won't accept spot price or delivery, explain this and paint them like the greasy business partners they are.

[bucket]

I disagree, there is an explanation why farmers sell something they haven't produced yet because the grain cos won't accept spot price or delivery, explain this and paint them like the greasy business partners they are.

Just another reminder of how the tard Gerry and his minions couldn't get the market set up properly.

Spot delivery is an important piece for determining value.

To hear an elevator say you have to sign to get delivery or they are still working on April contracts in June is bullshit.

The worst is "how many inputs are you going to purchase here?""" to get to deliver.

For all you Gerry cheerleaders are you starting to realize he was a phucktard yet?

[tweety]

Can someone who helped the tard Gerry in his infinite wisdom of making an open market in canada without any grain exchanges explain how the contracts were not updated to reflect these kinds of things . Dealing with natural disasters or grade issues that are uncontrollable and have a defined cost at sign up.

Do the guys responsible for this have no shame? Or can now admit their shortcomings?

Graincos sell grain daily and have to meet specs , so how can they not have grade issues defined.

They also probably have a force majeure clause in their international contracts whether for weather delays , shipping issues or the fact the grain isn't available.


How does the farmer get left out of these same privileges????

They are completely controllable - don't sell something you don't have FFS.

[sumdumguy]

I have to say Ritz was half-hearted in his effort when he removed the tyrrant, oh maybe 1/4 hearted. The Liberals with Goodale had think tanks advising them, consisting of progressive farmers, seed plant owners, people who lived with and in the industry. I was involved in many of the sessions. Ritz, pfft, we don’t need input, we’s da boss! JMHO