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Beginners Board
Setting on their hay
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<blockquote data-quote="ChrisB" data-source="post: 416030" data-attributes="member: 122"><p>Sounds like the hay producer is trying to add value to his product. Funny, that's what I keep reading beef producers need to do.</p><p></p><p>If someone is direct marketing their beef and charging more than market price are they gouging?</p><p></p><p>If I have a bin full of corn and my neighbor needs corn but I don't want to sell it until prices get higher am I gouging? How about if my neighbor happens to be Cargil?</p><p></p><p>You can only gouge if you are the only one with a product that everyone else needs. Or if all owners of the product get together and agree not to sell for under a certain price. Otherwise you are just asking for more than market value and you should have a hard time selling.</p><p></p><p>Why do hay producers have an obligation to everyone else to make sure they sell their product for a reasonable price when everyone else is trying to get as much as possible for whatever they are selling whether it's corn, beef, cars, or furniture?</p></blockquote><p></p>
[QUOTE="ChrisB, post: 416030, member: 122"] Sounds like the hay producer is trying to add value to his product. Funny, that's what I keep reading beef producers need to do. If someone is direct marketing their beef and charging more than market price are they gouging? If I have a bin full of corn and my neighbor needs corn but I don't want to sell it until prices get higher am I gouging? How about if my neighbor happens to be Cargil? You can only gouge if you are the only one with a product that everyone else needs. Or if all owners of the product get together and agree not to sell for under a certain price. Otherwise you are just asking for more than market value and you should have a hard time selling. Why do hay producers have an obligation to everyone else to make sure they sell their product for a reasonable price when everyone else is trying to get as much as possible for whatever they are selling whether it's corn, beef, cars, or furniture? [/QUOTE]
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Setting on their hay
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