Three pulse companies licenses lost?

[furrowtickler]

I really don’t give a dam about all of that
Farmers have delivered THEIR grain have
Not been paid so that amount should come out first then I could care less who wants to fight about what ever else is left.

Very good point , farmers get pucked the majority of times when shit like this happens.
I agree , I could care less if the grandpa or some ex wife wants their share , are you kidding me ????
WTF is that about

[furrowtickler]

It’s yet another glaring example of the complete disrespect of the farmers worth in the big picture

[furrowtickler]

Without our product we grow , grandpa would have SFA to start with .
Sorry but that gets lost in today’s ag .
Who writes the check to grow it and the money to grow it ...... none of the above mentioned

[bucket]

Can someone please tell me why in 2020 a farmer can't have his money as soon as the grade and dockage is done and the weight figured out....

Why do farm groups ignore these issues....

When I buy spray by the time the jug is being pierced ....the retail has been paid....and my sprayer is across the road....

[furrowtickler]

Can someone please tell me why in 2020 a farmer can't have his money as soon as the grade and dockage is done and the weight figured out....

Why do farm groups ignore these issues....

When I buy spray by the time the jug is being pierced ....the retail has been paid....and my sprayer is across the road....

Or be forced to pre buy 6 to 9 months ahead of time just to try to have a remote chance to be “profitable” if everything goes nearly perfect ?

[farmaholic]

I know a guy who got his money when ILTA hit the wall.

I don't know what happens when these Cos go into receivership protection. Did ILTA quit doing business when they knew their bond was maxed out? Was Naber Specialty Grains a different story.....not enough bond or equity in infrastructure to cover A/P to growers?

Not getting paid can mean the difference between profit and loss, or yet worse losing the farm.

Can't imagine it's a bed of roses for grain dealers dealing with certain countries either.
Some Merchant buyers are probably very trustworthy, some scheisters may not be worth the lead to eliminate them.

[furrowtickler]

I know a guy who got his money when ILTA hit the wall.

I don't know what happens when these Cos go into receivership protection. Did ILTA quit doing business when they knew their bond was maxed out? Was Naber Specialty Grains a different story.....not enough bond or equity in infrastructure to cover A/P to growers?

Not getting paid can mean the difference between profit and loss, or yet worse losing the farm.

Can't imagine it's a bed of roses for grain dealers dealing with certain countries either.
Some Merchant buyers are probably very trustworthy, some scheisters may not be worth the lead to eliminate them.

Ilta kept buying after they knew
This may be different because of a sudden death
Regardless, it’s a pucked system when farmers are at the bottom it the totem pole to get paid . Sickening actually

[woodland]

Can someone please tell me why in 2020 a farmer can't have his money as soon as the grade and dockage is done and the weight figured out....

Why do farm groups ignore these issues....

When I buy spray by the time the jug is being pierced ....the retail has been paid....and my sprayer is across the road....

Sounds like you want what Mallee currently has. Too bad there isn’t a way to Electronically Transfer Funds or something like that😉 .............. then you’d only be out a load at the most when the poo hits the fan. Or better yet there maybe there should be a deposit paid when a contract is signed ............. with full payment when delivery is scheduled to happen.

We can all dream........

[wmoebis]

Can someone please tell me why in 2020 a farmer can't have his money as soon as the grade and dockage is done and the weight figured out....

Why do farm groups ignore these issues....

When I buy spray by the time the jug is being pierced ....the retail has been paid....and my sprayer is across the road....

It's in the Grain Act : Sec 61 (1) Subject to subsection (2), if grain is lawfully offered at a licensed primary elevator for sale or storage, other than for special binning, the operator of the elevator shall, at the prescribed time and in the prescribed manner, issue a cash purchase ticket or elevator receipt stating the grade name, grade and dockage of the grain, and immediately provide it to the producer.

The problem is nobody is enforcing it. As I have said a million times before you know who refused to fill the chairs and closed the Office of Ass't Commissioners or to establish a Grain Farmers Advocay Office and give them the power to enforce the Act. Like was advised in the Compas review.

There is so much that could be done In the Interest of Producers in this new marketing system but no will by anyone.

[bucket]

It's in the Grain Act : Sec 61 (1) Subject to subsection (2), if grain is lawfully offered at a licensed primary elevator for sale or storage, other than for special binning, the operator of the elevator shall, at the prescribed time and in the prescribed manner, issue a cash purchase ticket or elevator receipt stating the grade name, grade and dockage of the grain, and immediately provide it to the producer.

The problem is nobody is enforcing it. As I have said a million times before you know who refused to fill the chairs and closed the Office of Ass't Commissioners or to establish a Grain Farmers Advocay Office and give them the power to enforce the Act. Like was advised in the Compas review.

There is so much that could be done In the Interest of Producers in this new marketing system but no will by anyone.

Yup you can thank Gerry Ritz's masters for no enforcement. ....

[zeefarmer]

I know a guy who got his money when ILTA hit the wall.

I don't know what happens when these Cos go into receivership protection. Did ILTA quit doing business when they knew their bond was maxed out? Was Naber Specialty Grains a different story.....not enough bond or equity in infrastructure to cover A/P to growers?

Not getting paid can mean the difference between profit and loss, or yet worse losing the farm.

Can't imagine it's a bed of roses for grain dealers dealing with certain countries either.
Some Merchant buyers are probably very trustworthy, some scheisters may not be worth the lead to eliminate them.

I hauled into Ilta for a customer the Friday before they went belly up. Doors were closed on the Monday after. He got his money, albeit 6 months late.

[dave4441]

CGC posted it Saturday

this was sent to me on the weekend from an international trader

owner died suddenly a few months ago of a mass heart attack. Grandfather wants his dough back that he lent him and an ex wife wants her cut and current wife/widow and kids too and some law out of Dubai for a brother trying to get his paws on it....so a cluster f%ck

This true (cluster**** with one of the partners of Globeways) but not the reason these companies went down. I left this group of companies 2 years ago due to concern of this happening. Yes Hakan passed away, unfortunately at 50 years old. The problems they have with succession is unrelated to Globeways group folding.