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How do I make sure I'm paid?

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    #13
    Burburt do you even understand that with your security blanket of bonding that you still might not get paid?
    What do you do on your farm?
    Any special crops?
    Any un-bondable crops?
    What if I phone their banker and they say yes they have 10 million in the Bank but the bank does not yet know about the 15 million in uncollected debt yet.

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      #14
      just wondering Gee no, I didn't know that I might not get paid with bond being posted. No don't grow anything unbonded. No special crops. Some un-bondable crops. No never phoned the bank to tell them I had 10 million in my account, I assumed that the level of service would go up if I had that amount of cash in the bank and the greedy little manager would be calling me giving all sorts of advice. Ever see the Beverly Hillbillies Bank manager on TV in the old days, Mr Drysdale as he sucked up to the Clampetts?

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        #15
        Burburt I don't know if your smily face conotates sarcasm, or what it means.
        Answer the question what do you do,
        to ensure you get paid on non board crops?

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          #16
          Burburt, Thats what I thought when asked a real question the trolls scurry under their respective bridges and don't reply.

          But just in case you were too busy farming rather that checking chat rooms I'll ask again what is your solution, on your Farm?

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            #17
            I remember Burbert talking about feed barley a year or two ago and selling to the highest bidder in the spring (with 100 % certainty not the CWB). Could have been to a licenced elevator but I suspect direct to a feedlot/feedmill. If this were the case, CGC bonding would not apply.

            For many the expressions "What I don't know won't hurt me" fits. Or perhaps better "Ingorance is bliss". Doing otherwise would make them accountable for actions and force taking responsibility for outcomes.

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              #18
              J-W once your quality in the contract is accepted by the buyer have them suppy you with a letter of credit from their banker to cover the amount of your sale before you deliver. If they won`t supply that don`t deliver.
              After all if the bank don`t trust them why should you.

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                #19
                rockhound would you do it on every load, or before you start hauling the first one after samples are submitted?
                like I said in the opening statement we have delt with these guys before and have been quite happy, but man are there some high dollar contracts out there.
                and thanks charlie

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