CWB WANTS YOUR DURUM!

[jdepape]

The CWB does not have the authority to sell "optional origin".

[Choice2U]

Small Guy...So the CWB goes to the US market and pays US prices to deliver on contracts it signed to foreign buyers. In the mean time, the extra cost to buy the durum from the US reduces the pool return so in the end the canadian farmer gets less. AND THAT IS OUR FAULT FOR NOT DELIVERING!!!!!

[smallguy]

JDGreen
Sorry this is not hurting me at all. Have not planted durum for the last two years. I just get so discussed when people think they have this great great plan and do not realize the actual realization of how things are implemented. All Iam saying is that if you feel that the initial price of durum is an insult, then do not contract at all. I have wheat in my bins since 08. I do not contract then cancel. I am just saying that if you think you are hurting the CWB by cancelling, then you are dead wrong. I sure am glad choice2u figured it out.

[SASKFARMER3]

Here is one small guy I finally get pst off enough and load up the truck and leave the CWB once and for all. Its not about how system works its about voting with your feet,maybe its what the public wants (end CWB ) and not what a few like you seem to want.

[furrowtickler]

I am not a durum grower either, but a point must be made sooner than later.
I grow crops to sell, not to tie up very expensive bin space other than canary seed - low volume crop btw. Might be a different story if we were actualy getting a premium over world ave price but the cwb net returns to the farmer have been dismal at best over the past three years compared to almost anywhere on earth. Now to be begging for wheat at a loss when this should have been sold long ago at profitable levels??? A point must be made now or it will happen again and again.

[Choice2U]

So is it the farmer's fault when the CWB sets a cancellation date and a farmer legally cancels the contract based on CWB parameters? Once again, another well though out plan by the CWB. Personally, if a stick is poking me in the eye, I throw it away.

[charliep]

I see the CWB has answered their durum delivery problem. Now a Guaranteed Delivery Contract for 1 and 2 durum. Sign a contract and step to the front of the line.

[bucket]

Initial is still at 1.80 and he cwb is paying demurrage. Ask the cwb if the boat guys wait for their money.

The cwb is a bunch of incompetent fools wasting other people's money.

Why doesn't ward and Ian pay the demurrage for bad planning.

[charliep]

I don't think I would want the CWB to pay demurage - could easily be slippage on durum demurage into the other accounts.

Better idea, why not take what they view as common practice in feed barley and offer low cost early payment options. They could take demurage cost savings and use it to pay some of the cost of an option. Or better, use the same process they do with malt barley and offer a cash plus where farmer are paid up to 90 % of the actual sale value of the durum for the actual sale that delivery is applied against.

[charliep]

A weird question. Is demurage allocated to the actual wheat/barley pool account or is it held out in general expenses and paid by some allocation from all the pooling accounts. The reason is I see reference to the CWB money and I hate to break to break to you, there ain't no such thing - the CWB has no money. Its your money that is being spent on demurage.

[bucket]

And why do you think the initials are going to stay so low?

Of course it is my money they are wasting on demurrage - I am not that stupid. I just think the central planners in winnipeg should start paying for it out of their pockets not mine.

The durum has been available for quite some time, they have done a shitty job in planning the sale. From sending out liquidated damages letters on overdelivery to not knowing the crop was wrecked early in the spring. This durum could have all been at port three months ago and everyone knows it, except the ****ing retards in Winnipeg celebrating pasta day.

[jdepape]

Since demurrage was talked about here, I checked.

There is a durum vessel in Vancouver that has been there since Sept 19, started loading on Oct 14 but is now sitting idle. 60,500 tonnes taking 39 days to load so far.

A second one has been there since Oct 5 - only a parcel lot of 10,815 tonnes.

Not sure what the demurrage bill would be so far but its safe to say its big.