What does proposed mean on pickles auction?

The term “proposed” is used in the context of the pickles industry when referring to how much the grower is willing to pay for a particular variety of cucumber at the beginning of the season. While the grower is not legally obligated to purchase any cucumbers at all, he or she is legally obligated to pay the buyer the initial bid price plus a certain amount of “reserve money” – the exact percentage of the total bid price varies depending on the grow

What does proposed mean on a pickle auction?

When a pickle jar is sealed with a wax “lid”, it becomes a pickle jar. At this point, the jar is made up and ready for pickling. However, it’s possible for the pickling cucumber to start to shrivel and break down. This is called “blooming” and it happens to many pickles. However, the jar is sealed, and the pickling cucumber is ready to be eaten.

What does proposed mean on pickle auction?

The term proposed refers to the minimum price that a pickle grower is willing to accept for their pickles. With a lower price, the pickle grower is more likely to sell the pickles, as they might be unable to cover the costs of production if the low-priced bids aren’t enough to make a profit. The high-priced bids, in contrast, might be from a buyer who hopes to make a quick profit if the price of cucumber pickles drops soon

What do they mean on a pickle auction?

Most often, the term proposed refers to the price the bidders are willing to pay for a pickle. It is used when bidding on a jar of pickles at a pickle auction. Any bid higher than the proposed price is considered a successful bid. In many cases, the highest bid that is accepted is the one that is proposed by the pickle auction company.

What does proposed mean on pickle auction prices?

When a pickle jar is brought to a pickle auction, it’s the bidder’s job to pay the seller a dollar deposit. If the bidder wins the bid, they pay the balance plus any additional fees, such as shipping. Some pickle auctions require the bidder to pay a percentage of the final price, rather than the full amount, if they don’t win the bid.