Protein Question ?

[charliep]

Perhaps you are right Burbert. I can only remember back to fixed price contracts and spreads based on payments at time of delivery (not market based) or waiting to the end of the year to know the final results. Spent to much time answering questions from farmers as to why their fixed price contract values changed after an adjustment payment.

I note you always have a smile and wonder why.

[TOM4CWB]

Agchat

We have been paid a premium above 13.5... and not
been paid a premium.... both the fall of 2012. Cargill
was better with Protein... harder on grades... Vittera
good on grades and blending... SOME contracts NO
premium above 13.5. With Viterra the 14px blended
with the 13px gave an average blend that we were paid
for of 13.5px.

I do not see much difference in our marketers from
past... integrity in both contracts and execution of
these contracts. Volitility is higher... because we were
not being pooled... but overall we were treated very
fairly in 2012... as we have been in years past.

Cheers!

Happy New Year!!!

[Choice2U]

I signed contract in july 2012 based on #2 12.0%, delivered #1, 14.2% got paid $0.40 over contract quality. Calculated that as $0.10 for difference between a #1 and #2 and $0.30 for difference in protein up to 13.5% in which they said they were not paying any further protein premium.

[Burbert]

Sue the frs! Ifin ya win, they'll never
deal wit ya agin though. Hee, hee, hee.
Multis now weidalotta power, scarin
framers from coast to coast to coast.

[Oliver88]

At Viterra I signed a contract for #2, 12.5% for
$8.63. (At that time a #1, 13.5 was $9.23.)

I delivered #1, 14%. I was paid $8.96.

They could not supply information on grade or
protein spreads this July when contract was
signed. They mentioned the spread will be the
spread on day of delivery. Viterra did not pay for
premium over 13.5.

[agchat]

charliep
Thanks for the questions. I did know that my
protein was low 14. Did ask at time of signing
contract, they said were not sure of protein
premiums at the time. Hauled in about a month
later, never thought of asking then. Just noticed
the other day when picked up check. Thus the
reason for the start of this post, just wondered
what others were getting. Thanks charliep

[agchat]

Thanks Tom and Oliver for your answers. Now I
am getting answers that I asked for. Was telling
someone this morning about agriville, and the
question I had asked. Told them it was getting
kinda comical, like going to a murder scene,
then asking a gang questions.You get lots of
advice about everything in relation to the
question, but yet nobody heard or saw anything
.