PSB... the CWB CLAIMS to be our 'premium' marketing system... the 'designated area' wheat growers honest window on the grain world.
PSB... you complain we spend all our time attacking the CWB. YOUR Concern is valid;
But if the claims the CWB make to be procuring 'designated area' growers a premium... prove false...
PSB... then you are the one who is wrong.
1. Volume/Capacity to sell grain. Here is this weeks US Wheat Associates Report for the past week:
"Weekly export sales reached their highest point since October 2007, climbing to 1.3 MMT for the week ending August 5. Increases were reported for unknown destinations (353,000 HRW, 10,000 HRS, 20,000 SRW, 31,000 white), Egypt (190,000 HRW), Japan (55,388 HRW, 88,838 HRS, 22,418 white), Yemen (25,000 HRW, 67,000 white), Nigeria (66,000 HRW, 13,580 SRW, 5,713 durum), the Philippines (41,400 HRS, 10,755 white), and Italy (30,500 HRS, 20,000 durum).
http://www.uswheat.org/reports/prices/doc/09D2A9F718B4BFDE8525777E0076DF7D?OpenDocument#"
Sales Prices achieved:
PSB... there is about a 20% CWB discount... who gets the money?
US PNW Port Price Aug 13/10 US Wheat Price $ /mt Report (US exchange 1.046 to CDN, px .5 subtracted to determine CDNpx) :
2DNS 12.5px Aug $312 Jan $322 Av $317/t;
CWB 10/11 1CWRS 12.5 $266.97
2DNS 13.5px Aug $330 Jan $340 Av $335/t;
CWB 10/11 1CWRS 13.5 $277.13
2HRW Ord(>10%px) Aug $290 Jan $303 Av $296/t;
CWB 10/11 1CWRW >11px $237.50
2HRW 10.5px Aug $293 Jan $306 Av $299/t;
CWB 10/11 1CWRW >11px $237.50
2HRW 12.5px Aug $320 Jan $334 Av $327/t;
CWB 10/11 1CWRW 12.5px $253.50
2SW 9/10px Aug $292 Jan $292 Av $292/t
CWB 10/11 1CWSWS $223.68
In US a 1CPS Red = 2DNS with px adj.
Grade by grade... wheat class by class... the CWB PPO prices offered my family... my community... and
Every 'designated area' wheat grower... is enough many years to pay off all our debts... each year.
At least $50/t (after FOB charge) is missing... are the CWB sending our money to you PSB?
Or is this straight CWB incompetence... padding the bottom lines of multi-nationals you so despise?
PSB... you complain we spend all our time attacking the CWB. YOUR Concern is valid;
But if the claims the CWB make to be procuring 'designated area' growers a premium... prove false...
PSB... then you are the one who is wrong.
1. Volume/Capacity to sell grain. Here is this weeks US Wheat Associates Report for the past week:
"Weekly export sales reached their highest point since October 2007, climbing to 1.3 MMT for the week ending August 5. Increases were reported for unknown destinations (353,000 HRW, 10,000 HRS, 20,000 SRW, 31,000 white), Egypt (190,000 HRW), Japan (55,388 HRW, 88,838 HRS, 22,418 white), Yemen (25,000 HRW, 67,000 white), Nigeria (66,000 HRW, 13,580 SRW, 5,713 durum), the Philippines (41,400 HRS, 10,755 white), and Italy (30,500 HRS, 20,000 durum).
http://www.uswheat.org/reports/prices/doc/09D2A9F718B4BFDE8525777E0076DF7D?OpenDocument#"
Sales Prices achieved:
PSB... there is about a 20% CWB discount... who gets the money?
US PNW Port Price Aug 13/10 US Wheat Price $ /mt Report (US exchange 1.046 to CDN, px .5 subtracted to determine CDNpx) :
2DNS 12.5px Aug $312 Jan $322 Av $317/t;
CWB 10/11 1CWRS 12.5 $266.97
2DNS 13.5px Aug $330 Jan $340 Av $335/t;
CWB 10/11 1CWRS 13.5 $277.13
2HRW Ord(>10%px) Aug $290 Jan $303 Av $296/t;
CWB 10/11 1CWRW >11px $237.50
2HRW 10.5px Aug $293 Jan $306 Av $299/t;
CWB 10/11 1CWRW >11px $237.50
2HRW 12.5px Aug $320 Jan $334 Av $327/t;
CWB 10/11 1CWRW 12.5px $253.50
2SW 9/10px Aug $292 Jan $292 Av $292/t
CWB 10/11 1CWSWS $223.68
In US a 1CPS Red = 2DNS with px adj.
Grade by grade... wheat class by class... the CWB PPO prices offered my family... my community... and
Every 'designated area' wheat grower... is enough many years to pay off all our debts... each year.
At least $50/t (after FOB charge) is missing... are the CWB sending our money to you PSB?
Or is this straight CWB incompetence... padding the bottom lines of multi-nationals you so despise?
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