Just checked I kid you not there are 171 listed registered grain buyers.
88 grain brokers
And 15 grain merchants
No wonder a fella gets confused......
Of the 171 guessing 120 or so active In our state and not at all delivery sites.
Currently ADM top of the tree at elevators.
Myself going through a grain merchant who has a buyer currently after 3000 t of feed barley feed lot.
No counterparty risk that’s the merchants problem. He pays me not buyer.
Similar to grain broker but no risk.
Broker buyer seller come together , merchant a middleman he takes a few bucks a tonne but gives me peace of mind.
Many of the buyers offering end of week of delivery payment this year of course may be a buck or 2 less but wow deliver Thursday money in your bank Friday night guess it was the same in good ole days of the CWB and AWB prompt payment best price.
Fark thing I’m heat struck......delusional
Poke me in the eye with a blunt stick me first barley is yielding 3.1 at moment bugger a small 325 acre paddock.
Talk in morning guys
88 grain brokers
And 15 grain merchants
No wonder a fella gets confused......
Of the 171 guessing 120 or so active In our state and not at all delivery sites.
Currently ADM top of the tree at elevators.
Myself going through a grain merchant who has a buyer currently after 3000 t of feed barley feed lot.
No counterparty risk that’s the merchants problem. He pays me not buyer.
Similar to grain broker but no risk.
Broker buyer seller come together , merchant a middleman he takes a few bucks a tonne but gives me peace of mind.
Many of the buyers offering end of week of delivery payment this year of course may be a buck or 2 less but wow deliver Thursday money in your bank Friday night guess it was the same in good ole days of the CWB and AWB prompt payment best price.
Fark thing I’m heat struck......delusional
Poke me in the eye with a blunt stick me first barley is yielding 3.1 at moment bugger a small 325 acre paddock.
Talk in morning guys
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