Sell Down to Your Sleep Point

[TSIPP]

I can't imagine having 3 year old wheat in storage

I held on to 4000 bushels of flax once, was under 6 and sold it at 20, I almost fed it to the cows when it was 6.

[Simplefarmer24]

I haven't done it in a long time so I could be wrong. At one time you only owed the difference if price was higher on non delivery. Has it changed? Some have fees I know.

Seems like everyone has a different policy... but usually there is some substantial fee to get out of the contract. (difference in price + admin fee) x shortage.


If there isn't a fee - its because the price has dropped quite a bit below your contracted price. (if that happens call your neighbour or find someone else to fill the contract and don't cancel it with the elevator)

[makar]

Seems like everyone has a different policy... but usually there is some substantial fee to get out of the contract. (difference in price + admin fee) x shortage.


If there isn't a fee - its because the price has dropped quite a bit below your contracted price. (if that happens call your neighbour or find someone else to fill the contract and don't cancel it with the elevator)

Just talked to a friend he said cargill wont let someone else fill his contract.

[AllisWD45]

And how would they know??

[Sodbuster]

And why would the care, their still getting their canola. Just need to add a split.

[furrowtickler]

And why would the care, their still getting their canola. Just need to add a split.

They know there is SFA left out on farm, that’s exactly why
they don’t want to get hung

[blueversi]

Haven’t sold a bushel of 2024 production yet. Need something to hold down the bins with these winds since I’m too cheap to buy anchors.

[Simplefarmer24]

Just talked to a friend he said cargill wont let someone else fill his contract.

What a joke. Did they say why?