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Any of you guys missing it?

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    Any of you guys missing it?

    Anyone lamenting the loss of the single desk?

    Said the sky wouldn't cave in ya bunch of henny
    penny's, and the "new" cwb will be ok.

    Once the new awb was bedded in after about 6
    months it's business as usual just another trader
    who performs quite well,usually in the top echelon
    of prices.

    Spread between best and worst prices at the
    minute here is quite narrow maybe only $12 to 15
    per tonne between our 40 or so buyers.

    Reckon they maybe less pool operators here
    though this year there just always off the pace but
    that's more nature of pooling grain rather than a
    reflection on pool managers, they just attract the
    tonnes

    #2
    Mallee;

    The single desk does not end until Aug 1 2012... and we already have had the international price shift local Alberta prices much higher...

    http://www.uswheat.org/USWPublicDocs.nsf/1cc6230f4c9bb866852576150061f89b/6178bd326e0de78385257a410071206c/$FILE/PR%20120720.pdf

    DNS 13px is at $11.22US Portland which backs off to $9.46Cdn in a local market here in Alberta.

    It is good the US has a transparent Port pricing system... this has not been historically avaliable with the CWB, and is still lacking... yet we are tracking PNW prices VERY closely in western Canada.

    http://www.gfo.ca/Marketing/Wheat%20Marketing.aspx

    New Crop is $9.64/bu for GFO Ontario Hard Red wheat cash prices is very close to the local cash prices in Alberta.

    Summing up; the conversion to the international market has been smooth and rational in the CWB 'designated area' with no need to go to the US to deliver cash grain... just like Canola and peas.

    Cheers!

    Comment


      #3
      Mallee;

      I posted this on the 'corn' thread...

      "It is important that we 'feed' the market on the way up. The self dicipline of growers is much more rational than the CWB thought possible.

      One BIG mistake the Old CWB made... was to mistrust growers and call us all fools... telling us only the CWB 'single desk' knew how to sell our grains.

      NOW the CWB will pay a huge price for this past foolishness... 'single desk' head in the sand ... annoyance they staked their future on.

      WHAT a shame ExChairs Oberg et.el; the seven ostiches... and past CWB managers were soooo arrogant... to mistrust the very people who were their future... and reck a perfectly good marketing opportunity for decades. $Billions were lost and only proved left wing command and control is a VERY inefficient system."

      There is one less distortion in the international grain markets... hopefully this will feed markets more logically now... and reduce volitility.

      We will sell more grain on the way up... and have much less grain to sell on the way back down... opposite to CWB 'single desk' tactics that were simply irrational and BAD Marketing planning.

      Cheers!

      Comment


        #4
        No I'm not missing the CWB.
        First they would have pre sold half of this years
        projected supply to our best customers( we
        guaranteed supply for low price).
        Second the initial starting price would have been
        3.60 a bushel minus 1.50 freight and elevatin so
        you received 2.10 for your first two loads.
        Then you waited till they opened up 25 %.
        First stormy week they would open a quota.
        Get little grocery checks all year.
        So no I'll take my close to 10 a bushel now on 20
        % of my production then bin and see what
        happens.
        If it stays dry in the USA winter wheat plantings
        will be low. Corn will be king in 2013.

        Comment


          #5
          I guess you didn't read the last edition of "Alberta
          Farmer" TOM? Front page article on how bin storage
          capacity will be an important asset going forward-
          "US experience suggests farmers will be in for
          dramatic fluctuations"...."it's about when they (grain
          companies) are going to need our grain, not when we
          want to deliver it".
          Followed by an article on the views of a former Sask
          Con cabinet minister, WCWGA director and "open
          market" supporter;
          "As many as 1/3 of prairie grain farmers could be
          pushed out of business because the ending of the
          CWB was pushed through too quickly"
          "elevator and freight charges are my biggest
          expenses and the board was the only one reigning
          these in"
          "a grain producer - and I don't care how big your
          airseeder is - is not going to get into that queue with
          any amount of commercial viability unless you are, in
          my opinion, having some way to work collectively"

          Lot's of points of caution there if people choose to
          read them and thing about them. As Craig wisely
          pointed out on another thread the production
          problems in the US and the boost this is giving
          markets everywhere is good timing for a move away
          from the board. To claim that current high and rising
          prices are a result of the removal of the board
          monopoly is wishful thinking.

          Comment


            #6
            Grain bins. Funny how grain companies think.

            My local elevator sold something like 100 - 5000 bu hoppers last year. Made the manager look good. So as I was sitting down with him talking about it I question the logic of it. He said why.

            Well you just sold the capacity of your elevator to the competition.

            He just gave the farmer 5 options where to sell. If the grainco buuilt the space, there is a good chance they get the grain.

            Comment


              #7
              One immediate relief for me this year is storage. No more 'permission' to haul, no more sharing delivery space 'equally' with producers who didn't care!

              Comment


                #8
                Question for SF3

                Do you think if the cwb would have made the pricing changes they have made now, ten years ago they would have had a lot more support?

                Comment


                  #9
                  Grain storage is not a issue, since grain bags, just
                  emptied a two bags of 3 yr oats still fine. Bucket
                  yes if they would have listened to farmers a bit
                  they would still be around.

                  Comment


                    #10
                    On grain bins only build size that you can fill in
                    one day with your combines.
                    Each year add a few.

                    Comment


                      #11
                      what happens if the mississipi gets too low for navigation?

                      Comment


                        #12
                        The Mississippi is a good question, I'm trying to
                        find info on.

                        Comment

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