Quote Originally Posted by jamescollister View Post
Quote Originally Posted by crepitas View Post
I guess if I was not such a retired, unenterprising, lazy old fart passive farmer; I would certainly seek finance to set up a buying station on a rai or so of our farmland and all that entails...logically margins are unaffected by rubber price ie will always make money in the longer run..same same all brokers etc ?
Lots of buyers go broke, no guaranteed prices, buy say 10 tons today, deliver to the factory tomorrow, price drops overnight, you lose.
This year prices have gone down regularly, meaning lots of days making losses. Jim
Problem is if the buyer's form a cartel ,what then? , The prices per tonne for Rice I have heard in my area is insane .