I and my Sons refuse to give them a single bit of information. The market fell due to supply and demand issues. China refused delivery because they had contracts that where way above the current market price. The GMO issue was just a way for them to back out of their contracts. China also backed out of soybean contracts that same year. So China has a long history of backing out of cash sale contracts. I have had grain traders tell me that you can not enforce any contract with China as the company you contract with just changes names and keep right on going. There is little recourse in China's legal system. Especially since the government back the companies.
Also for those that do think that this law suit is just. Several of the main groups backing this suit are the Anti GMO crowd. They are opening talking their members that is suit is a way to start to rain in GMO grain production world wide. Regardless of the benefits of the GMO products they are against them. They have already gotten many African countries to not accept any GMO grain or seeds. Even though there are GMO seed that where made specifically to help in the harsh growing conditions there. I guess that it is better to starve eating organically grow food than have full stomachs on GMO products.
So boys this is more a ANTI GMO suit to me. It has nothing at all to do with the market to me. Any DUMB butt that though $6-7 corn was here to stay deserves to go broke!!!!! You will not get a single dime of money after the lawyers get done anyway. How about your BIG settlement on the small engine horse power suit!!!!!! All we got was a confusing system that now you have ZERO idea of the horse power of any small engine you buy unless it is in a OEM product and that company publishes the horse power of the motor.
We need tort reform and also to limit what a LAWYER can do. Like be a politician. They should have to turn in their law license forever if they want to run for public office. Writing the laws and then using those same laws later to their PERSONALL benefit should be illegal!!!!!! Maybe have a 10 year do not compete clause. Meaning if they get out of politics they can get their license back in ten years after they leave office. That and tort reform have the same chance in the crooked Washington political arena.
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Today's Featured Article - An Old-Time Tractor Demonstration - by Kim Pratt. Sam was born in rural Kansas in 1926. His dad was a hard-working farmer and the children worked hard everyday to help ends meet. In the rural area he grew up in, the highlight of the week was Saturday when many people took a break from their work to go to town. It was on one such Saturday in the early 1940's when Sam was 16 years old that he ended up in Dennison, Kansas to watch a demonstration of a new tractor being put on by a local dealer. It was an Allis-Chalmers tractor dealership,
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