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South Central Iowa | So they manage a spec account for you under the guise of "hedging"? If it was billed as a spec account you're done.
If he has already paid margin, lawsuit is only recovery option. If it is tied to delivery, sue and don't deliver.
This is fraud. They aren't even in the average farm price of the USDA. They have an obligation to uphold their end of a contract. They either failed or are fraudulent. If they billed themselves as professional and failed to even hit the USDA average price, they would lose in court.
Rant over, everyone knows what I'm saying.
Edited by Conan the Farmer 9/23/2017 10:02
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