Handling Contracts During COVID-19
The pandemic has profoundly impacted the economy, shutting down businesses and triggering problems up and down the food supply chain. What happens with contracts in times like these? Are contracts enforceable? What does a farmer, rancher do if a buyer backs out of a contract? What recourse does a producer have if a buyer will not take delivery of cattle, hogs, or grain contracted for delivery? Nebraska Farm Bureau has developed a resource to help provide insight into those situations.
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