CWB OUTPERFORMS WITH 8.50 FLEXPRO

[timm]

Just rubbing it in a little ...Merry Christmas

[BreadWinner]

bahh hummbug TIMM!!

[Fransisco]

http://www.cwb.ca/db/contracts/ppo/ppo_prices.nsf/flexpro/flexpro-wheat-2010-20101224.html

Looks like $8.16 to me for 13.5% protein after average Mb deduction of $1.48/bu

[Fransisco]

http://bottineaufarmers.com/index.cfm?show=11&mid=6&cmid=1&Layout=1034

Its $8.24/bu in Bottineau for the same protein without factoring in currency.

So by outperform what you mean is underperform.

Merry Christmas everyone!!

[bucket]

9.64 minus 1.60 for freight and elevation equals 8.04.


Yep, the cwb still stealing at least 30 cents a bushel compared to american pricing.

[stubblejumper]

and it costs less than .30 to truck to bottineau FANTASTIC

[Fransisco]

No need to start the truck stubble, in an open market the price would come to you. Its called "arbitrage".

[newguy]

Just think what the price would be without a single desk buying that we give to all CWB customers.

[grassfarmer]

You've got to love the "open market" and the fact that it comes right to your door Francisco. How come then that Canadian fed cattle bring the US fed cattle price less the cost of getting them to the US, less a discount for them not being American. Of course none of that would apply to you guys if you had a "free market" in grain, you'd get the top US price right in your yard every time with no trucking and no discounts - in your dreams at least.

[silverback]

And flexpro is available on how many tonnes this year? What percent of total wheat sales is that Timm? And does everyone get the guaranteed highest price of the year? Initial price on the pool accounts is?

Grassfarmer, thanks for sticking your grass fed beef nose into something you have no knowledge or experience in. Just because the NFU thinks the wheat board is a good idea doesn't mean it is so. I eagerly await the day that you start your own mandatory marketing board for all your cowboy friends out there. Funny how most of us who run cattle and grain don't want any part of a board running our products. I am guessing by your posts that you would have no problem selling some of your home raised, grass fed beef for say 25 cents a pound today and then your customers would pay you the rest every now and then for another year and a half? If this sounds agreeable I will be over next week for a taste test to see if your grass fed beef is any better than what I have had in the past.

[Happytrails]

Guess we can see who wants a CCB (substitute cattle for wheat.) Don't know why you don't just go into wheat farming GF. Miss those painful market lessons; gain that important monopoly seller advantage. Won't be joining you tho. HT

[Fransisco]

Hey grassie it works for all the other grains. No reason to think wheat would be any different.

Cattle unfortunately work more on a North American or domestic basis than a global one. Things are a little more difficult when you've got live animals that you have to convert into nice neat little packages before it can be shipped around the world. There is also unfortunately even more political interference in livestock trade and the packing industry than there is in grain.

[TOM4CWB]

Glassyeyedfarmer,

Interesting how you say that you get premium prices for your beef... while other beef growers get less?

Shouldn't you owe beef the 'pool' (the other poor folks) the difference since it costs you less to grow than them?

Aren't you cherrypicking and under cutting your neighbours Grassfarmer?

[grassfarmer]

"There is also unfortunately even more political interference in livestock trade and the packing industry than there is in grain." - Francisco.

Nonsense - beef is traded in a "free market" system the kind you grain folks are demanding whereas you are always telling us grain trading is all about the politics. Lots of interference by Government in the CWB issue too isn't there? Truth is what holds back the Canadian live cattle trade is the competition eliminating domination of two or three transnational corporations - the same thing that will always screw up your dreams of an open, profitable, free marketplace for grain. The players are even the same as 1935 so I don't know how you can't see it.

Do the commenting beef guys not know there already is a successfully operating model of a fed cattle marketing board in Alberta? Care to comment on how well it has worked?

[highwayman]

Try this word on for size Grassy, CANOLA! Should we not look at this amazing success story to lead us in our quest for freedom to market all our own commodities? Or do you really beleive all open market grains should mirror the livestock industry in North America?