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| I am south of the affected area but the producer made the commitment based on what the producer and state agreed to. I understand that this is an unusual
time but the producer should not be in violation of the agreement since the state is not upholding their end. Perhaps the state should suspend the contract until things get back to a new normal. I have not read the contract but there may be language buried in the contract that would cover the state in a situation like what is going on.
To me, this is no different than grain elevators cancelling grain purchase contracts because of a dramatic shift of events that puts them in a bad position. If the situation is reversed and the markets go way up because of unseen events, the buyer expects the contracts to be filled though the producer is losing out on the price increase. | |
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Indian givers
