Popped into a local farm today to use his weighbridge for some wheat I was delivering. Well being a wet morning he was around the yard and we had a yarn.
He was a bit miffed about a local grain merchant that he deals with. Now my friend sells said merchant quite a bit of his grain and receives payment on normal monthly terms. Nothing strange so far.
However my friend sells quite a bit of rolled barley to local farmers and, having exhausted his supply, had to buy some in. So he calls the merchant he sells to and enquiries about buying some delivered in. Did a deal for 4 artic loads but the merchant INSISTED he paid in full BEFORE delivery
My friend was rather taken aback and questioned this approach but said merchant was determined and my friend needing the barley had no option to pay up front.
Now in view of the Wellgrain debacle does this suggest merchants are a) strapped for cash or b) shi***ng themselves about bad debt.
Likewise as producers perhaps we should INSIST on cleared payment BEFORE collection. Surely What's sauce for the goose is sauce for the gander
He was a bit miffed about a local grain merchant that he deals with. Now my friend sells said merchant quite a bit of his grain and receives payment on normal monthly terms. Nothing strange so far.
However my friend sells quite a bit of rolled barley to local farmers and, having exhausted his supply, had to buy some in. So he calls the merchant he sells to and enquiries about buying some delivered in. Did a deal for 4 artic loads but the merchant INSISTED he paid in full BEFORE delivery
My friend was rather taken aback and questioned this approach but said merchant was determined and my friend needing the barley had no option to pay up front.
Now in view of the Wellgrain debacle does this suggest merchants are a) strapped for cash or b) shi***ng themselves about bad debt.
Likewise as producers perhaps we should INSIST on cleared payment BEFORE collection. Surely What's sauce for the goose is sauce for the gander