Grain Pricing Order

[ianben]

The GMO issue in Europe is consumer driven and not protectionism.
Farmers and governments too see the advantages of this technology but the media and public see only Frankinstein food.
Poor PR by Monsanto etc. and the BSE mistakes have componded to make GM a non starter over here.
Time and some good GM news are needed to get it accepted.
I hear GM rice with added vitA can cure child blindness where this is a problem in Asia.
This is the headline needed to get GM accepted not another Starlink

[ianben]

Rain: Nexera yields 30 bus/acre, roundup ready yields 45 bus/acre go figure.

With all the numbers that you produced, $7.50 not a good enought and prices that have hit $8.00 and $8.25 this winter why would you think that $8.50 would be that far out. You have got to consider canola carry out and weather plus soy supply. Is it stupid to ask for a price rather than take a basis and get screwed on a locked in future month. Basis is no better than a 90 day storage ticket, the end user has his supply, if enought farmers do it then the price to the buyer is of no consequence to them.

My reasoning is a gut feeling of $8.50 did you want me to say $5.50. I think my above reasons can justify asking $8.50. Its as good advise as you will get from any expert and I don't charge for my services.

Go ahead Rain live alittle ask for the price that you want, its a better way than taking a price. If you don't like $8.50 try $8.00. GPO's are the best marketing tool a farmer has, it helps to move the market up. It is about the only influence us farmers can put on the market, if only everyone would do more of it.

The Kernel

[ianben]

The canola market is starting to show signs of an upward trend boys, get them GPOs in now for Oct. delivery.

Remember we are trying to push the market up. Put it in for $8.50/bus. with expiry date of May 20/02. The expiry date will push them traders a little harder to gain supply. Do not take a basis contract.

Do it tomorrow to push the spring rally alittle. The Kernel