Vote Right Live Left

[Prairiefire]

Hedge where was this sale/purchase made and when did it happen ?

[jdepape]

Prairiefire:
I don't see why it's relevant but no, I've never
been a farmer.
Have you ever been a grain trader? (cash or
futures?)

FWIW - grain companies show deductions on
your cash ticket for CWB grains because they
have to show you how they got from the instore
price to the street price. On non-CWB grains they
don't deduct tariffs because they don't charge
them.  They have to submit tariffs to the CGC by
regulation but for all intents and purposes, they
are meaningless on non-CWB grains.
(Sometimes they are used when a grain company
is handling grain on a toll basis for someone
else. You know, like the CWB.)

Non-CWB markets usually have ways to double
check prices to see if you're getting value.  The
best way is to shop around to competitors.  One
good place to get a good idea of what is being
charged is the Federal Grain Monitor - go to
www.quorumcorp.net

[highwayman]

Prariefire, our farm loads on average 50-60 producer cars a year with wheat, durum, lentils and peas to different companies for econmic reasons only. If the removal of the single desk presents opportunities of Fob farms bids for our different grains that put more net returns in our pockets, then it is asta la vista producer cars. Producer cars are extra work that without extra financil insentive, they just dont pencil out.

[charliep]

Perhaps a farmer has to look at absolute values of both non board prices and CWB producer payment options relative to other markets.

I note the variation in basis levels and adjustment factors in CWB producer payment options. Can you explain the variability in these values over time?

My observation (you can argue with me) is there is more variability in CWB program adjustment factors than non board basis levels. Perhaps you can help educate me.

At least with non board there competition for supplies and price variability. On canola, most farmers know the difference between a good basis and a one.

Not like feed wheat where corn prices rallied and the CWB EPV (200 %) basically between $5 and $5.40/bu.

[URL="http://www.cwb.ca/public/en/farmers/producer/historical/pdf/basis_cwrs_cwhws.pdf"]CWRS CWB historical basis[/URL]

<a href="http://www.cwb.ca/public/en/farmers/producer/historical/pdf/2011-12/2011-12fpcbpccharts.pdf">2010 11 FPC slide 13 to 16</a>

<a href="http://www.cwb.ca/public/en/farmers/producer/historical/pdf/2010-11/2010-11epocharts.pdf">feed wheat EPV</a>

[charliep]

I note the thread started with what Harper and Co. are afraid. Just curious
what the CWB and its board of directors are afraid of in an open market? I
note there has been a lot of creativity and innovation in CWB programs. You
don't believe the CWB can package these ideas in form that farmers will buy
into and offer these grain packages to grain companies in a way that reduces
their risk/adds value to their bottom line?

[TOM4CWB]

Prairiefire,

We try to have enough volume... on all aspects of our business... that we can have a business relationship with multiple partners in: Input purchases, Produce Marketing, and Capital purchases.

AS a normal course of business... we know multiple markets and maintain many relationships. When value can be added and it is good for both buyer and seller... we do the business.

Being 'Afraid' is for those who have not made peace with their maker!

[Fransisco]

PF- mono directors and board people lie to farmers all the time. The biggest is about so-called "premiums" that don't exist. Others include, market power, its the 'farmers' board, and that the majority of farmers love the single desk. None of it is true or can be backed up with actual facts. But they keep spinning these fairy tales trying to keep their gravy train going. And it is quite the gravy train.

[farmaholic]

Tom4CWB: If you are referring to being "afraid" regarding business/money and relying on our Maker to watch over us, I would suggest we watch our back. Not everyone may be operating on the same set of morals.

[TOM4CWB]

Farmaholic;

Agreed.

"So be wise as serpents and innocent as doves."

In a 'Faith' based relationship... the Spiritual perspective is like a 5th sense. Deception is often allerted to like the feeling of fire alarm warning... a soft inner voice

It is not offensive alert... but calm... and closes in a peaceful respectful solution.

NOT fear... but respect and insight/understanding into why they chose the tack they took.

'be wise as serpents and innocent as doves'

The beauty of the freedom, to say NO.

[hedgehog]

hi, it happened in the uk, included a big farmhouse which added £2,000/acre