Another farmer co-op goes under

David.

Member
Mixed Farmer
Location
J11 M40
Loose lips sink ships,etc..
But if anyone has facts they ought to sh!t or get off the pot, because rumours and insinuations can become a self fulfilling prophecy.
Some of us will have grain committed to pools or sold to "co-ops" and such destablising talk, without facts to form a judgement, is unhelpful at best.
 

Grain Buyer

Member
Location
Omnipresent
Loose lips sink ships,etc..
But if anyone has facts they ought to sh!t or get off the pot, because rumours and insinuations can become a self fulfilling prophecy.
Some of us will have grain committed to pools or sold to "co-ops" and such destablising talk, without facts to form a judgement, is unhelpful at best.

Ha, taking offence at something that wasn't said......tis the modern way.
 

Grain Buyer

Member
Location
Omnipresent
Not taking offence at all, but I do not think leaving a fart in the lift and then departing is helpful either.

it was more a nod to the uncertainty in the industry. Everyone will have their own view on "one to watch". I still remember the Viking days. You've never seen such a group of loyal supporting members. Viking were still collecting grain the morning of the day they announced they were buggered.
 

David.

Member
Mixed Farmer
Location
J11 M40
I remember Viking very well.
Thing that offends me most it that certain members were granted the divine foresight to not commit any tonnage that last year, after many years of being faithful.
Don't think anyone ever did get to see a transcript of the inquest did they?
 
a coop acts as agent for the members grain and does not handle the grain in principle can be 2 farmers upto to thousands of one end user goes bust the loss is shared
a merchant buys the grain off the farmer then resells it to the enduser if the merchant goes bust the individual farmers without grain and money lose out

farmers can spread their risk by being in a coop
or selling to a number of merchants not having all their grain off farm with no money but that makes it hard to move large amounts in a particular week to reduce running about
 
a coop acts as agent for the members grain and does not handle the grain in principle can be 2 farmers upto to thousands of one end user goes bust the loss is shared
a merchant buys the grain off the farmer then resells it to the enduser if the merchant goes bust the individual farmers without grain and money lose out

farmers can spread their risk by being in a coop
or selling to a number of merchants not having all their grain off farm with no money but that makes it hard to move large amounts in a particular week to reduce running about

Most coops tend to trade more than the merchants.......they don't just market their committed tonnage, they buy and sell just like other merchants.
 

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