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Co-op annual meeting
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Thud
Posted 6/19/2022 18:00 (#9712569 - in reply to #9709017)
Subject: RE: Co-op annual meeting


Near-north Ontario, French River
Grain only co-op I'm guessing? If so they have been dealing with some SERIOUS margin calls for the last 6-8 months ( or longer)...market forces wont let them tank their bid if they ever hope to buy grain again,,, sooo their only real recourse is bumping storage and handling fees. Having said that, what were the rates before? Going from $.04 to $.06/mon is a 50% increase but with $20 beans, thats just a rounding error on your grain cheque. Were they competitive in the area? What are the other locals doing? Priced new bins lately?
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