"More Price Comparisons"

[dalek]

Of COURSE the CWB is a benefit to Canadian farmers. The proof is in the long lines of jealous Americans lined up at the border trying to ship their wheat north.

[Fransisco]

Stubble the only one talking about selling all of our wheat to the States is you. You're the one who doesn't get it.

An open market does not mean selling wheat just to the States. It means selling it to everyone in the world just like they do in the States. There's a big difference between the two.

That's why we use American elevator prices. Because they sell their wheat to everyone in the world not just themselves.

[DogPatch]

bucket.......

The CWB is ASKING $10, your are netting $6 (you say) We are giving the rail companies, elevators, inspectors etc money to net us the $6.00 I have always wondered, who pays the ocean freight?

Is that $10/bushel FOB Vancouver, or FOB some port city in Europe or what?

[JDGreen]

oh boy this ones gonna be fun ......

[bucket]

Try to open your mind and do some research. The cwb publishes their asking prices almost everyday.


http://news.tradingcharts.com/futures/2/0/147236802.html

Its about $1.60 deduction from vancouver or thunder bay to mid point sask. So we should be netting $8.50 everyday.

Peas and flax are priced net to the farmer and I don't care what it costs them to get it across the prairies, ocean or for that matter across the street.

Board supporters don't know the asking prices of the cwb and then call me an idiot. Proud to be one. But it takes a bigger one to notice.

[charliep]

Page 8 Western Producer. Top graph under grains not quite $10/bu Thunder
Bay but close. If you believe the CWB is getting this other than for the
captive domestic millers (and maybe not them), I have some swamp land in
Florida (actually maybe in eastern Saskatchewan) to sell you.

[charliep]

Sorry bucket. You had covered.

I note others have made reference to the fact the CWB price differentiates
markets. Put another way, sell the same class, grade, protein of wheat to
customers for different prices on the same day. I suspect this is what
stubblejumper is referring to. They may be achieving $10/bu in premium
markets. They are also likely selling for substantially lower prices in other
markets where they need to make sales to move product.

[bucket]

So the premium is lost to move product?

When they are short? and begging farmers on the radio, no less, to please please deliver. Yeah I would be lowering the price while flax canola peas have all moved up. I would definitely sit in a line up for $1.77 initial payment all the while dream of when the cwb is going to pay us for last years crop. Not.

charliep - what is it that the cwb supporters just don't understand?

[JDGreen]

hahaha bucket .. they are begging for my number 1 durum from last year. I told them exactly what you said "not interested in your lineups for a 1.75/bushel..

[Hopperbin]

Why does stubble keep saying "I know we can not market all of our wheat production into the US market.Some just don't get this. " when their price is set by the export market.???? Just as ours is.