How many have signed up Nexera contracts? Both local elevators have signed up none this year. I guess the last two years dissapointing yields compared to the LL and some other RR have taken their toll. The premium has been dropped to a level that it is not worth it. If it is so healthy of an oil it should be worth more to the primary producer than .70 cents a bushel. When there is a yield lag on my farm of 10% in 2009 and 30% in2010.
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Not worth the hassle, Just was informed yesterday by LDM that they will not take anything but a #1 Nexera. If it is a #2 or worse it has to be sold as commodity canola which means no premium. The games continue! It doesnt say anything in the contract about not taking anything but #1, how many other guys knew that. Not on my farm anymore.
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