Part Deux

[LWeber]

Anyone else thinking Hobbyfarmer's risk management skills are exemplary?

Producer advisory: Bissma Pacific Inc. no longer licensed
As of November 21, 2012, Bissma Pacific Inc. of Pickering, Ontario, is no longer licensed by the Canadian Grain Commission.

If you are owed money, contact the Canadian Grain Commission.

Contact
•Email: contact@grainscanada.gc.ca
•Telephone: 204-983-2770
•Toll free: 1-800-853-6705
•Teletypewriter (TTY, toll free): 1-866-317-4289

[dave4441]

Yup, that's why i called him a 1 percenter!

[bucket]

My attention span is short, can you connect the dots a little, where this goes back to.

[LWeber]

They had a trading office in Winnipeg

Suite 201-2621 Portage Ave Winnipeg, MB R3J 0P7

How many pulse growers have o/s grain receipts?

Bucket: Hobbyfarmer takes out insurance on grain sales.

[hobbyfrmr]

Just to throw a little humor into,something I think
is very important, ZZTop has a new song and it
says something like "I gots to get paaaaid".

[hobbyfrmr]

http://www.youtube.com/watch?
v=9FStoVhn9Mo&feature=youtube_gdata_player

Mid January I will have a couple extra beers in
shop and play this song.

Risk management...businesses use a/r insurance.
Farming is a business.

[bucket]

hobby

Where do you get this type of insurance?

[hobbyfrmr]

Saskatchewan - http://mpa.fna.ca/

Alberta -
http://www.directagsales.com/riskmanagement.ht
m

[oneoff]

We need a simple solution; and not individual business risk analysis; deductables; paying insurance premiums, charges, setup fees; applying for losses; waiting for bonds; collecting on insurance or bonds, investigating individual financial status of businesses, credit checks, applying for insurance; doing due diligence; going into the credit application business, and being satisfied with partial payments and costs incurred; ad infinitum.

WHAT WE NEED IS TO BE PAID UPON EXCHANGING A FARMERS PRODUCTION FOR SOME VALID FORM OF "COIN OF THE REALM."

Farmers should not be responsible for generating the cash that a buyer should have already had access to, or had financed before he accepted his end of the contract or agreement.

Farmers have taken on risks that is none of their business. That buyer never lets you in on the rest of their operation; why do you want to be their banker?

Don't continue to be a part of poor business practices that evolve into being accepted as "normal practice"

Shake your heads hard.

[oneoff]

In regards http://mpa.fna.ca/
At the site they say

"Notes & News
The sale-coverage process
Posted by Market Power Assurance on June 29, 2012 in Notes for Sellers | 0 comments

NOTE: THIS IS A DRAFT DOCUMENT, IS NOT YET OFFICIAL AND SHOULD NOT BE RELIED ON"
and they apparenttly won't even let you see what the deal is unless you start filling cover pages in and accepting their terms before you have any idea of what the costs are and what they are offering.

Sure didn't strike me as a site that doesn't open you up to who knows what.

Give me some moments to take a qick lok at the Alberta link