CWB and cash flow

[vvalk]

I just got my cheque for 6 super B's of wheat and it was for $33000. Not sure when I will be able to deliver the rest or if I can even deliver it at all. To get the same amount of cash for nexera canola I have to deliver 1 1/2 loads. So that is 4 to 1. Yet CWB supporters will argue till they are red in the face about how good this system is. Am I missing something here?

[bucket]

They will tell you how 2 years ago it was worth more and that you are lucky to have the cwb guaranteeing that whopper of an initial payment.

[seabass]

Welcome to Hell. When I was quite a bit younger starting out in this game I would ask my Dad how does one survive growing Wheat? Simply put don't grow it until your older like me cause you'll never make your payments on the pennies the CWB gives you. Now that I'm getting to the age he was at when we had this discussion I still think growing wheat is for somebody older with income tax problems. This crap won't end until they're gone for good.

[Hopperbin]

I am wondering where Walk is selling Canola at 11.90 per bushel even Nex. is not any where near that. Or is he loading that super b a little heavy?

[Hopperbin]

Just be lucky you have HRSW and not CWSWS wheat and get shit on every morning from the CWB before breakfast.

[ColevilleH2S]

Or Select winter wheat. Why does the board even pretend they sell this stuff. My bins are still full of high protein HRWW and there is an end user demand for it. So guess who is standing in the way of me selling to them.

This tendering process is a joke.

[ColevilleH2S]

Or they'll tell you there are plenty other crops to grow non board, and you choose to grow board crops.

[vvalk]

Hopper
I am legal to haul 45.5 tonne. All my canola is delivered to Canbra in Lethbridge. My dockage is anywhere between 1.5% and 2%. Nexera premiums are anywhere from $43 over march to $66 over July. I have quite a bit priced near $500 and a fair chunk well over $500 so actually some of my loads are paying over $23000 a load. Instead of trying to be smart about it, why not take the principal of it. ( I would have been close with the numbers regardless).
You also just made my point, as well, that you can price canola ( basis and futures) at anytime for cashflow and that not all prices farmers get are equal. Some years you do well and others not. Its the way it should be.

[Fransisco]

Now imagine what it's like when even though you grew other crops, they didn't quite fill the bins like you'd hoped and pretty much all you've got to work with is wheat, that you can't turn into cash. It sure makes life interesting.

I owe, I owe, it's off to the bank I go...

[Fransisco]

Yup, it's a real mystery where farmers got the idea to grow all that durum. I mean it's not like they were getting any kind of price signals from the CWB, right?