- Location
- East Sussex
Is it me or are payment times from companies we supply getting longer? At this time of the year I send cattle to a well known abattoir company as I don't want to be pre movement testing to send to market. They used to pay the following week after sending, then it moved to two weeks. If you are sending cattle every week then it could be 3 weeks you have supplied them before you know there is an issue. With the present higher prices of everything am I right to be getting more nervous about payments?
One only has to read about the Scottish grain company to see how things can go wrong very quickly as these meat companies hold even less assets and with C19 disruption to labour, cashflow could become a major issue for them.
One only has to read about the Scottish grain company to see how things can go wrong very quickly as these meat companies hold even less assets and with C19 disruption to labour, cashflow could become a major issue for them.