Tough call for IMC growers!

[Hopperbin]

Have to agree 90 days is way to long, and the money is not getting down to the farmer for the extra premium, maybe the premium is more market for canola on the whole. As far as that buyout the farmer has the option of I would think the farmer has the option of terminating without paying the difference if price goes that way.
Wasn't there a lot of contracts that got terminated with Bunge not long ago and the farmers simply sold at the new higher price?

[charliep]

Will note the issues on contracts have gone on for years but no resolution.

Is the cash clearinghouse concept sponsored by WBGA an alternative solution? A part of this process is standardized contracts with terms that are fair to all parties.

[parsley]

Let's quit bitching and create a farmer friendly contract.

Get out your contract.

With white out, paste out your personal details.

Scan it.
email it to me. parsley2008@live.ca

I'll post it on my blog.

Farmers can then post in the comments and draw attention to the sentences you think are the pits. The ones that get you in trouble.We can delete or modify the sentences that advantage the companies.

I can continue modifying the contract right online as we go along.

Want to do that?

At the end, farmes could have a contract for every commodity, but one that is farmer friendly.

Either the grain company signs it or stuffs it.

Your call.
Pars

[parsley]

Or you can fax it to me
739-2900 Pars

[ado089]

I'm not sure about that one we're closer to Dreyfus. The smaller players are generaly more accomadating and willing to do what's right, but they all have those contracts heavily weighted in their favor and they've all had their slip ups.

[cottonpicken]

I like the idea of saying to them guys"no ill send YOU a contract".

[Hopperbin]

Good idea pars my first choice would be to give one month in the place of 3. Give storage payment and interest to the farmer on late delivery. Of course we must be fare and if the farmer cannot load the truck when supposed to or deliver the grain it must work both ways.
Bringing the standardized contract to the grain company is a good way to do business. Everything must be clear so no confusion.

[Hopperbin]

I faxed you my canola contract terms and conditions. Writing is small so perhaps didn't come out well, but I suppose you could just pick one up at the various grain elevators and go from there.

[parsley]

I'll type out one clause at a time.

Anyone wanting to make changes to the clause, write it in the comments.

We'll work the bloody thing out until it's reasonable for farmers.

A clause at a time.

I received the fax, hopper. Thanks for being proactive. Absolutely NO names will be exposed, including corps.

Determine your destiny or someone else will do it for you.

Also, keep in mind, the company is your business partner. Negotiate firmly, and with reason.

Go to:

<p></p>
<p class="EC_style8ptBK"><strong><a href="http://parsleysnotebook.blogspot.com/2009/06/working-template-in-progress-for-canola.html">(Canola Contract in Progress.)</a></strong></p>

And begin!

Pars

[parsley]

Clause
1. (a)


Do you actually want to take on the finacial responsibilty for a company's screw up?