Price increase

[stubblejumper]

The CWB has sent a recommendation to the federal government for additional increases to the 2010-11 initial payments for wheat, durum and barley. If approved by the federal government, this recommendation would further increase payments to the base grades of wheat, durum, feed barley and malting barley in the range of $33 to $75 per tonne. The timing of payments cannot be confirmed until government approval is received, according to a process set out by the CWB Act.

[bucket]

Wow, this ought to get us to 50 percent of what american farmers are getting.

[DogPatch]

And if you had sold it in September...... to a US buyer, you wouldn't have gotten any more after you did.

[TOM4CWB]

Dogpatch,

If you sold milling wheat in September to the CWB... you got $2-3/bu less than the US PNW port price... all fall.

Now the CWB is shipping feed wheat with 13.5px and 300 falling#'s to the US in unit trains!

How much is the CWB skimming out of Alberta on this grand project???

$4/bu... 112 cars = $1.3m/train

And they didn't even have to give Mission and Measner a cut!!!

[DogPatch]

okay...... and I will likely be corrected, CWB was $2 behind, and now with all the interm payments, and the potential final, are they getting closer? or Ahead? Given that the US price all fall was it for what you would have gotten?

[bucket]

dogpatch

With the contracting system we have, we have been forced to store grain until now, we should at least receive a real price. And since the grain is 100 percent called, the price to our customers is known, no sense in the cwb holding back money for stupid investments like ships.

[TOM4CWB]

Dogpatch,

PPO total prices... but the CWB has 'padded' the TalkingEskimo Contingency Fund... and the pool accounts... so they can raise the PRO and increase the initial payments.

I would like to know how much the PRO increased... in the last week of January 2011... JUST FROM THE THEFT OF ADJUSTMENT FACTOR OF CLOSE TO $40/T taken to cross subisdise the pools.

Plus the actual basis was no where near the PNW basis for dns 14protien...(out close to $80/t) adding insult to injury on west coast CWB robbery!