The Mighty CWB

[Burbert]

Well, now what? The CWB is actively goin after, wheat and barley. Wantin farmers to sign up, commit, causa good prices! What da ya tink is gonna happen? Will the prices stay, or crash causa crookedness again?

[bucket]

The cwb is right on top of things. Anyone can sell to canadian customers except western canadian farmers. And if the US is undercutting the cwb price then why isn't their a dumping lawsuit filed by the cwb?




Aug. 12 (Bloomberg) -- U.S. exporters have sold 275,000 metric tons of hard-red spring wheat to Canada as the world’s third-largest exporter copes with the after-effects of heavy rains.

Canada’s harvest during the year that ends May 31 will be 20.5 million tons, unchanged from last month’s forecast and 23 percent less than last year, the U.S. Department of Agriculture said today in a report. Canadian exports are forecast at 15.5 million tons, down 16 percent from last year, the USDA said. The USDA announced the export sale to Canada today in a statement.

Excess rain in Saskatchewan, Manitoba and Alberta has hampered the Canadian crop while drought has stunted production in Russia and the European Union. “Extremely wet conditions in Canada, particularly during May and June, have had a significant impact” on production, the USDA said in a separate statement Aug. 10.

U.S. Agriculture Secretary Tom Vilsack, who returned from meetings in Canada earlier this week, said yesterday that poor weather elsewhere is creating export opportunities for U.S. producers.

Wheat futures for December delivery jumped to a 23-month high of $8.68 a bushel on Aug. 6 on the Chicago Board of Trade after Russia, the world’s third-biggest producer last year, banned exports of grain through year-end to conserve supplies for domestic food production and animal feed. Since then, wheat has fallen back 16 percent to close at $7.25 yesterday, as investors slowed bets on further price gains.

[stubblejumper]

the average expected price in the US is $5.10/ bushel for wheat

[bucket]

The average cwb initial price is under 2.50cdn.

And for some reason the cwb can't make a 275000 tonne sale in their own backyard?

Besides the cwb has already admitted on the front page of the western producer we can't expect better prices.

[TOM4CWB]

Bucket,

I think you will find the 275,000t transfers through the great lakes by US shippers to export... not Canada.

[furrowtickler]

Stubble, alot of sales were done at over $7/bus, and more will be done when levels return to that in the U.S.
What are the pro's again? And what are the initials? Who the f#ck wants to be ave? What wheat btw, #1 - #2, 12 pro or 13.5 pro? Don't throw numbers without substince. The borg has a very long way to go to get over $5 for #1 13.5 pro net in my pocket with current pro's.

[furrowtickler]

Burbot, what are the current mighty initials for wheat and barely? Please post them for our entertainment. What are you smoking? - the borg is absolutly tying to scamble to "catch up" to real world pricing - like a turtle in a greyhound race.

[Hopperbin]

The initials are low and the final will be high. Some day the CWB will be like robin hood take from the stupid f and give to the lucky f. Oh they already are.

[carebear300]

Getting tired of paying cwb to give away wheat. If somebody is going to give it away it may as well be me.