Bruce Burnett, CWB Gives His 2011 Wheat and Durum Outlook

[mustardman]

Bucket we could have sold the 50% durum carryover last year and drove the $4 price even lower. OR sell it this year for $7

I prefer doing the latter.I have never lost money holding grain over.

[btjadenlepp]

"I have never lost money holding grain
over". You belong in a record book
mustardman. That is assuming that you know
how to calculate carrying charges and can
make that claim accurately.

[bucket]

That's right mustard, store your durum for 2 years and when you are hauling it in, know that at the exact time a producer near bottineau north dakota is getting close to 9 bucks and he can haul all he wants, when he wants.

And the americans are going head to head against the cwb for those algerian sales. How can they put 9 bucks a bushel in a farmers pocket and the cwb is putting 3 bucks and if you are lucky 7 bucks sometime by dec 2011. Thats if some other lame ass excuse doesn't come along to put the pro back to six bucks.

You certainly have a wierd way of looking at things mustard.

[bucket]

One other question mustard, the off board price of durum was 4.50 all last year which was better than the cwb price.

How could the cwb not pay a premium for high quality durum over the off board price?

Your right the cwb would have drove the price down, no doubt about it. Those evil grain companies were paying more than the cwb.

[parsley]

mussy, I could care less if you hold your grain in your basement for ten years. Or homeschool your kids. Or feed your barley chop to your homing pigeons.

Being able to make your choices for you is one of the good things about life. About quality of life.

Just don't drag me along in your stupid dreamy legislative scheme that merely ends up fattening up Wheat Board larvae.

It's not only humiliating to be dragged behind the CWB's shitty financial stoneboat, but it's plain wrong to have some pimply grunt making arbitrary decisions about a farmers' grain that will have an affect on the entire farm family, yet none on the grunt. Pars

[highwayman]

Mustard, dont forget to mention the 25% of 2008 durum production that was withheld from the 08-09 crop year only to be sold for $3/bus less in 09-10. Who do you really think created this ridiculous situation in durum with their useless PRO forcasts. The board has long ago outlived any usefulness it may have had in the durum market but refuses to relinquish its control because once removed they know spring wheat would be soon to follow. With current durum area and production, this market,in my opinion, could function as other special crop markets such as lentils and peas. At 3-4 million acres of both lentils and peas, is anyone screaming for a single desk on these crops. Or maybe farmers are happy to have an open market with price signals that accurately dictate production levels.Someone tell me where in the CWB act that it states that their mandate is to manage/manipulate supply.

[farmaholic]

I enjoy reading the posts on this site but would think that people are mature enough not to engage in elementary school yard tactics of attacking people for their physical attributes. It is fine if you don't agree with someone's opinion or philosophy but leave the name calling alone.

[parsley]

Actually, Machej's newfound job when he "left" the Board,<p></p>
<p><strong>[URL="http://www.cwb.ca/dom/db/buying/sales_process/accredit.nsf/webaccexpreg/E0D212A102E855E1862569490052A2D5?OpenDocument&Cate gRegion=Europe%20/%20Africa"](ex-CWB salary-taker)[/URL]</strong></p> prompted me to write this

"it would seem Burnett could rake in the dollars as Official Taster of HRSDonuts Inc. in Hohhot"

My take on it was:

China is embracing western food. There is a CWB office in Bejing.China buys hrsw. Hohhot is a city in China. Robins Donuts used to buy western wheat that had to go through the CWB. Like Machej, Burnett could easily link his experience to international "opportunity"

He'd be able to 'move on' if the weather department was slammed shut.

Pars