You also said that producers have lost their power to deal with purchasers who do not want to pay. Even if legislation is put forward, what power does the producer have if the purchaser decides not to pay or is able to demonstrate that the product delivered is not what was expected? The issue is not insolvency, but rather that a shipment can be refused. A lot of money can be at risk.
On May 9th, 2016. See this statement in context.