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    Impresive?

    Canola up again in overnight and soy is down. I thought for sure that the recent rains coupled with the acreage forcast would put a damper on futures but hey it's all good for now. Should hit some pricing targets by tomorow a.m.

    #2
    No need to worry, our glorious CWB will give our wheat away at bargin prices.

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      #3
      Is this one of our prefered suppliers.
      HM makes me wonder.

      Comment


        #4
        Would Bangladesh be one of the Indian countries that imports .40 cent a lb lentils? If so, they think .07 cent a lb wheat is to much, huuum.....

        Comment


          #5
          Make up your mind. People are mad when grain is sold too low and mad when we hold out for higher price. Why should anyone listen to our concerns???

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            #6
            If they are not one of our high paying customers - why waste the time with cwb and cigi officials over there?

            If it just a matter of matching Russia's price, why bother sending them the red carpet treatment?

            It is all about price not quality - why bother?

            Seems it is a waste of effort.Wait til canada has a frost and is loading up with feed wheat, then go and dump wheat to a customer like that.

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              #7
              Simple solution, let me sell it myself and I'll have no choice but to be happy with what I can get.

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                #8
                http://www.xe.com/currencycharts/?
                from=CAD&to=BDT

                Comment


                  #9
                  Fran if you wanted to sell grain to any offshore country I would say go for it. All you want to do is price grain inot the easy high price American market and leave the lowere priced markets to the rest of us.

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                    #10
                    Stubble, if you think the price in American elevators, particularly the ones in the northern states do not reflect world prices then I would ask you to prove it. Please show all of us how the Americans don't export any wheat.

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                      #11
                      BTW- Our canola, oats, soybeans, peas, sunflowers, etc,etc get sold everywhere around the world without any problem. Wheat would be no different.

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                        #12
                        The US has a base customer list where they will always sell wheat to for various reasons - quality/geography/credit. The fact is that this year their export program is about 850 million bushels which is basically the lowest it's been in close to 40 years. It will be interesting to see what the USDA thinks next years number is when they come out with a balance sheet on Tuesday. Chances are it won't be much higher. In addition, there's a good chance that the carry out will be over 1 billion bushels- essentially half the crop.The US has completely lost the Egytian market to the point the US doesn't even bother. On the last Iraq business done over the past week or so there's been Australian, Russian, Canadian all been sold. No need to rehash the cheap Saudi sales from last fall, but there have been three to four tenders since of which Canada hasn't been the only seller - but no US in the mix at all. There is absolutley no question from anyone in the trade that the US is a high priced island. That all being said, the US farmer has the choice of whether he wants to sell or not, and it's pretty clear that they are choosing to basically sell half the crop (and remember that they'll use more at home then they export) and keep half the crop. You guys are stuck with the CWB choosing for you whether to sell a portion at US prices and make you carry the rest or if they'll basically get it mostly sold with a mix of high US prices and lousy world prices.

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