Paying before receiving goods

Tatto

Member
Mixed Farmer
Location
Shropshire
I paid for fodder beet upfront to help someone out with money issues, when the time came for it to be lifted it was rotten, where do I stand?
 

Flatland guy

Member
Location
Lincolnshire
If you read the Auctioneers small print it's clearly states the goods become the buyers responsibility at the fall of the hammer and its up to him to take out appropriate insurance
We are insured for over 100 k for goods bought but not yet collected
The only complication is if the buyer has not paid for the item/goods. It is always strange with machinery auctions become buyers responsibility upon fall of hammer but not allowed to move etc until paid for!
 

Exfarmer

Member
Location
Bury St Edmunds
If you read the Auctioneers small print it's clearly states the goods become the buyers responsibility at the fall of the hammer and its up to him to take out appropriate insurance
We are insured for over 100 k for goods bought but not yet collected
yes but if the straw burns because of an electrical fault in your shed, the other man's insurance will chase you for it. Better to have double insurance than none
 

Rnold

Member
Arable Farmer
Sorry to read this but surely you have lost YOUR fodder beet if you had paid for it. It no longer belonged to the grower. Could it not then have been insured in the same way you would insure your other crops. Rotting due to flooding ?
 

Exfarmer

Member
Location
Bury St Edmunds
Sorry to read this but surely you have lost YOUR fodder beet if you had paid for it. It no longer belonged to the grower. Could it not then have been insured in the same way you would insure your other crops. Rotting due to flooding ?
fodder beet is very prone too frost even more than Sugar beet. Should have been out the ground long ago
 

Mc115reed

Member
Livestock Farmer
Sorry to read this but surely you have lost YOUR fodder beet if you had paid for it. It no longer belonged to the grower. Could it not then have been insured in the same way you would insure your other crops. Rotting due to flooding ?
I didn’t think you could insure against acts of god? 🤔🤔🤔
 

Goweresque

Member
Location
North Wilts
Sorry to read this but surely you have lost YOUR fodder beet if you had paid for it. It no longer belonged to the grower. Could it not then have been insured in the same way you would insure your other crops. Rotting due to flooding ?
There is a difference though between if the OP bought 'X tonnes of beet to be delivered to my yard on Y date' or he bought 'X acres of beet lying in field Y'.

I would say a lot depends on the person who was supposed to be responsible for harvesting it - if the beet grower was then I'd say liability lies with him until he has got his crop in. Its like selling grain forward - if the crop doesn't yield what you thought it would and you've sold more forward than you end up harvesting then its your responsibility to make good on the contract. But if the OP was supposed to be lifting it, then it is indeed his problem, just as if you buy a standing crop of wheat and the weather prevents you from combining it.

I suspect in this case there won't be any paperwork at all, just a verbal agreement, which means its almost certainly going to end in tears.
 

Rnold

Member
Arable Farmer
I didn’t think you could insure against acts of god? 🤔🤔🤔
You can insure against almost anything if you are prepared to pay the premiums. Hail is just one act of god you can insure against for crops.. And then there is also consequential loss policies that cover for knock on effects after the initial loss ie failure to deliver contract..
 

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