Would you support an organization that markets your grain when;
You can forward price your wheat just across the line in North Dakota off the combine for 5.32/bu.
However the organization you are forced to sell to is offering you 4.63/bu a premium which could be anywhere from 0 to $.80/bu. You also have to store this wheat until the buyer sees fit to take delivery.
I'm afraid this just isn't practical for most farmers in this day and age! How can anyone support this nonsense? Even if we don't gain anything by the loss of the single desk we surely have nothing to lose.
You can forward price your wheat just across the line in North Dakota off the combine for 5.32/bu.
However the organization you are forced to sell to is offering you 4.63/bu a premium which could be anywhere from 0 to $.80/bu. You also have to store this wheat until the buyer sees fit to take delivery.
I'm afraid this just isn't practical for most farmers in this day and age! How can anyone support this nonsense? Even if we don't gain anything by the loss of the single desk we surely have nothing to lose.
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