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Has anyone backed out on a grain contract??
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Ben D, N CA
Posted 6/13/2007 19:05 (#162013 - in reply to #161649)
Subject: RE: Has anyone backed out on a grain contract??



Whiskey, Tango, Foxtrot
I've thought about stuff like this a lot lately. A very good customer of mine was involved in a situation where a handshake deal went bad. I've never seen anything like it and I cannot believe the landlord ended such a good deal he had on a promise of more $ elsewhere. Not sure a written contract is worth anything more than a handshake, but it is nice to have. Made it real clear to me that if I guy says he is going to do something, just do it. Whether it is leasing ground out or selling grain, it is a matter of what your word is worth.

A few extra cents/bushel or a couple more $/ton of hay is not worth it. A clear conscience is priceless.
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