At least with forward cash contracts and the dollar loss is the same. One of largest farmers in area last year decided not to deliver on some corn to a local end user.....quite a few bushels, cause tha market went up. I would have thought they would have sued him but not that I have heard. Would not contract any more with him so he contracted with a third party and still delivers grain there. If I were them I would have banned his trucks hauling any grain there. I suppose they don't want to press charges because of the bad publicity but the extra they had to pay to replace the grain comes right off their bottom line.

If I were a landlord I don't think I could trust a tenant that does business like that. He would not have my ground any more if I was renting. If he will screw one person he will screw the next.

How can a person plan anything if people do not live up to their contracts? What good are contracts?

If I were a grain buyer I would be VERY leery forward contracting, HTA or any other contract in current market conditions. I would sure want to know the person I was doing the contract with had some integrity.

I've delivered a lot of grain for less than it was bringing currently because of forward contracts but never thought of trying to screw them out of the deal. But it happens.

John