Do you haul for less than 5% in you Hopper for Corn?
Perhaps someone can explain to me why it's acceptable for Mountaire, Ardent Mills, Tyson, Allens, etc. and even us you local farmers to pay owner operators or any carrier 3% of the payout for the haul. Example: Currently corn is going for 4.00 a bushel, so loaded on a hopper equals 4K delivered give or take for the farmer or Mill. However the rate for the carrier is currently anywhere from .12 cents a bushel to .30 cents a bushel which is less than 5% of the entire payout. Even tenant farmers get paid more than that for the land the corn is growing in. They at least get 1/3. Why such a low rate for the haulers who have the most exposure to risk in this venture?
Before someone tells me that the mill and farmers need 95% of the rate because they are disenfrancished, we are a farm. However, we pay a fair rate for hauling not less than 5%. Also please don't tell me that when it's that low to just let the trucks sit, because it's this way on a lot of loads regardless of distance or product. I'm using corn as an example because it's a bit inflated currently due to issues in the WidWest.
Just curious on what other Carriers think about the low freight pricing.