Renner Elevator Co. v. Schuer

WOLLMAN, Justice.

This is an action for breach of contract. Plaintiff is in the business of purchasing and selling grain. Appellant is a farmer. On June 7,1974, and June 20,1974, plaintiff and appellant entered into contracts for the sale by appellant and the purchase by plaintiff of 30,000 bushels of corn for delivery in January, 1975. The agreed prices were those quoted on the June 7 and June 20 commodity markets for January delivery of corn.

Appellant never delivered any corn to plaintiff. Because of drought and hail damage, appellant harvested only a fraction of the corn he expected in…