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Contracts
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rank
Posted 4/5/2020 09:07 (#8166100 - in reply to #8165992)
Subject: RE: Contracts


SEON
maximillian - 4/5/2020 08:33

Hello everyone,
I'm wondering if any others have had this experience yet. I have a contract to produce about 50,000 bushels of malting barley for a company. Yesterday, I received an email from the office manager that they will be guaranteeing to purchase only 50% of the contracted bushels. Also, if we want out of the contract we can, or modify the amount. The problem is, I have my barley all planted.
The question is, if they can't guarantee the contract, how can I expect them to guarantee even the 50%.
It makes me wonder if they are about to fail.

Lots of this going on everywhere.....ethanol....milk. A contract means nothing right now. Don't contract or sell those bushels to anyone unless you'll be protected against theft. Know the details on your insurance

Edited by rank 4/5/2020 11:54
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