Originally Posted by bmason1623
perhaps, but would your buys be as large without the involvement of HBT? Say what you want about HBT and its rules, but it does bring people together in buys. $0.02
I think I've done ~$10k on group grain since December, and may finish the year at $15k-20k. 100% of that is local HBT folks. I appreciate the opportunity. If Tex isn't comfortable, and it's his site, then those are the rules. And since the vendors pay most of the bills for the site, it seems fair.
As for fraud, i still view a $30 sack of grain, or 5 $30 sacks of grain much less individual risk than a $500 conical. Yes, pallet price is the same at the end of the day, but individual exposure is much higher. And there are a lot I layers, from the offshore manufacturer all the way to you, any one of which could be a problem.
I completely understand where you're coming from, and I don't disagree, but I'm appreciative enough that if I do a group buy on equipment I'll take it offline.