I guess WFSC won't be doing a Possum handling & marketing DVD now, either.

w

Nancy,

I didn't say Dominion-Soudak and Ontario Trapper's Association Auction were connected.

Two separate businesses. I was simply listing them both one behind the other.

One in Winnepeg, the other in North Bay.

But They both went belly up in the 1980's

Ask me how I know ?

Do any of u guys belong to both Nafa and fha?

Not sure when they pay, but here at farm auctions the farm writes the check to the person having the the sale, not the auction company, but if the check bounces the auction company will go after them. My point is maybe Nafa paid out money out of their pocket then one of the purchasers bought fur, took fur, and bounced their check to nafa so now they are having to stand it and cash flow could be an issue.

Didn't read all the posts so I don't know if anyone said this but cash the checks then deposit them. Did that for years when I owned rental properties cause I was sick of getting burned

If something like that did happen, then maybe NAFA should only accept purchaser payment in the form of either Certified Check, Wire Transfer of Funds, or Credit Card payment.

Dirk, the check that bit me was cashed. My bank called me this afternoon to tell me it bounced and the money withdrawn from my account plus a bounced check fee. Just because you get cash doesn't place the burden on your bank. Grocery store, bar, check cashing business, doesn't matter. It comes back on you and you have to go after the person or business who wrote it.

Don't know much about banks and how they work in these instances but when I started cashing checks instead of depositing them, I never got burned. Hope you get it straightened out

Mine bounced too

Personally I've never seen (and being in the ag business I've seen quite a few)an auction company or commission company that bounced checks in the custodial account the did go under. But there's always an expectation. I don't know how it works in Canda but down here its usually a serious crime to not have the funds in a custodial to cover the sellers checks.

Someone needs to get Justin Trudeau's phone number, and everyone call his office and complain. Tell them you want to file a complaint. Then turn around and call the Whitehouse in Washington, and tell them what the Canadians are doing to the American trappers. That should get things stirred up a little ….

Garry-

Well I think I’m not going to deposit mine. Sent them an email yesterday but no reply yet. I’m more concerned about the fur they’re sitting on.

Groney's gonna need a bigger truck.

I cashed two this year, one about a month ago with no problems

Been reading through these posts on this topic, and I got a question...……………


So, Trapper ships his or her furs to the Auction. They get sold.

Buyer pays NAFA for the Furs, and then the Trapper finds out that the check from the buyer to NAFA bounced.

Question:

Did NAFA ship the furs to the Buyer who bought the furs, and gave NAFA the check that bounced ? If the Buyer has the furs, does NAFA have any ability to get the furs back from the Buyer; since the Buyer had to of known that check they wrote would not cover the amount it was written for.

no buyers involved.....changed bank is what NAFA claiming

Isn't the whole point of getting paid about 3 weeks after the end of the auction is that all the financials are straightened away? If NAFA isn't making sure the IOUs they're getting from the buyers is good, why does it take 3 weeks for checks to go out?

For you GFW fans, do you think they can expand their selling that quickly if say 50% of NAFA's shippers suddenly start coming to their trucks? Or is it going to be, "I'm one of the only big options left, they'll take what I want to give them." Look up "Hobson's choice" sometime...

I am calling bovine excrement. No way in the world does the, "We changed banks" story hold water. Good grief.

I think the story is the bank dumped NAFA. Not, NAFA changed banks.

In my opinion … I know what that is worth …. NADA.... Any large International Business today, dealing with another large International businesses will not be using checks, but money transfer by wire. I was involved with such a transaction a few years back. There a bill of sale for the goods... the money was transferred by wire (computer). It took 2 days for the banks to contact us that the transaction had been completed and the funds were clear and in our account. At that time we shipped the property to the buyer. I can't imagine any large company or business writing a check today and if the did, whether is for $1.00 or $1,000,000 dollars. you don't ship the product before the sale is final and that is when you have the funds completely under your control. I won't venture to speculate what NAFA does, from some of the comments on this and other recent posts. But I don't believe changing banks is their problem. Sound more like fiscal management.

Garry-