Clipboard Grain Company Goes Bellyup

[Burbert]

Another hiccup in the open marketing of Comedian grain. Mitchell Grain Co. plain baloney, Albertie. Agents all over Albertie takin orders, recommending Mitchell Grain Co., sell your feed grains there, it's a great company. Now though lots and lots of farmers have been left on the hook. Another truly great example of the private sector f--kup system that some propose to be better than the CWB. Less regulation, no regulation, truly a free market will take care of Comedian farmers. Methinks that is truly a load of bull............

[bucket]

So receiving nothing for durum and no interims on the 09/10 crop year isn't ****ed up.

Sounds like someone didn't do their due diligence and now wants the rest of us to pay up.

If your name is at the bottom of contract ......

[Fransisco]

Yes in the private trade when you don't do a good job you can go out of business. Thats a pretty darn good incentive in my books.

Unlike the CWB where no matter how bad or how big the screwup everybody whose at fault gets a big raise and the farmers have no choice but to keep on paying.

As someone once said, a free market without failure is like religion without sin.

[TOM4CWB]

Burbert,

Are you suggesting the CWB be in charge of domestic feed grains... so the single desk could extract 'premiums' for our feed wheat and barley from livestock producers?

[JDGreen]

Actually what he is implying is that "he isn't smart enough to do due dilligence with regards to his business", therefore he feels its necessary to spout off a bunch of bullshit again. I feel sorry for no one unpaid. Manage your business, deal with reputable people, do credit checks, ask for payment on delivery, know your contracts etc. I can't believe the amount of farmers that give credit without even checking into who they are dealing with.

[bucket]

It used to be that a farmer could charge things to a local dealer. No more. Why should farmers deliver without payment immediately.

I get charged for parts before they even arrive because the dealer can't afford to stock parts.

But farmers are supposed to deliver grain and wait for payment. It is outrageous, to say the least.

Off topic, but if farmers really thought about it, western canadian farmers are financing the world. Why?

If the durum we delivered in August of 2009 still isn't paid for, where is my return on investment?

[Burbert]

Most farmers always wait for payment. THE PROBLEM IS WHEN YOU'S TRY TO CASH THE CHEQUE. Do they bounce er are they any good? Fun and find the clipboard guy if'n the cheque, starts bouncing! Oh wait, oh no, I'm just an agent er broker, who's trying to make you more broke, than you already are, hee, hee, hee!

[riders2010]

Wait a minute, didn t someone on here get hosed by THE hog barn??????

[furrowtickler]

sure glad we are guarenteeed that $1.40 initial for HRSW - life saver there or how about that $.40/bus initial for feed barley - sooo glad that's iron clad.

[JDGreen]

Giving credit to a hog barn is once again starting to look like a choice for desperate people. They are definately on my list of cash or certified check at delivery.

[vvalk]

Burburt. What about the young farmer?
There just was a huge meeting in Ottawa about young farmers in agriculture. How can a young farmer get started when you can only deliver half your grain, get paid for 30 % of that 50% up front and hope for more ( still not knowing how much you will get for it) 18 months later. Take that to the bank and see if a young farmer can get capital to start up.

[vvalk]

As I think about this you could argue that the CWB is not equal at all. Growing single desk grain is only for rich/established farmers who have the cash flow/balance sheets to bank the customers they( wait. the single desk) sell to. For young or struggling farmers, growing single desk grain is not an option.

[SASKFARMER3]

How true. Burpfart explain that one.

[JDGreen]

vvalk BINGO !! and on top of that a big majority are worried that a young or starting farmer may receive more for their grain or have a higher profit margin through good management practices. Had some older farmers tell me last week that they didn't know how to market so therefore they supported the board. Doesn't matter what they receive or how the board performs it has their support. This is the biggest problem IMO. Ignorance and a lack of education will continue to prevail until this bunch of should be retirees are no longer capable of climbing into a tractor. With the average age of farmers approaching 59 I doubt we will teach the majority of old dogs to sit let alone roll over.

[agstar77]

The days of the young struggling farmer are coming to an end . Fewer can get in without a backer. Large corporate farms with shareholders and a manager. It is the way of the future. That is what government wants, that is what the consumer wants. Cheap food just like cheap TV's.