Anyone using a grain broker?

[makar]

[QUOTE
I assure you they know the market better than you or I, thats all they do and like all trades there are good ones and poor ones.

Always make sure the buyer is CGC bonded. [/QUOTE]

RP 4.76 cargill begging for barley at 5.00 and they offer me 4.25. If they know the markets better than me there marketing dont reflect it.

[farmaholic]

If the broker is paying you and not taking delivery, but acting as an intermediary( middle man), you might have left some money on the table

[farmaholic]

Used to deal with Johnsons, they were fine to deal with but I had 2 scares where payment was supposed to be made within 6 days and I ended up waiting multiple months to be paid. Not a good feeling when you keep getting told the cheque is in the mail and another month goes by......

The revolving door of the special crops industry and some people in it should make any producer sell with caution.

[sumdumguy]

Yep, lost money by non-payment. Broker just says, no I won’t black list them, hmmm.

[LEP]

I refuse to sell my lentils picked up anymore. Dockage always 2% higher.

[ColevilleH2S]

Yep, lost money by non-payment. Broker just says, no I won’t black list them, hmmm.

Wait, what the whut?! Maybe the broker is the only one who is getting paid in a situation like that.
"psssst, hey buddy. Send some loads my way and I'll pay you 10 cents on the dollar for any tonnes I don't have the money to obtain myself"

[Goodtime]

I refuse to sell my lentils picked up anymore. Dockage always 2% higher.

Yes have had similar issues with oats......send 10 loads....same bins, same grade,same moisture but they deduct the last two loads big time with excessive moisture and get a huge $$$ deduction. When you ask WTF its take it or leave it.

[blackpowder]

Brokers fill a legitimate need.
Fortunately, I don't have to fill theirs.