Target prices

[oneoff]

I'm in a hurry right now

But everyone should just ask themselves how the current grain sales system is cheating them.

[GOODRUM]

Oneoff, not sure what your after? Your good with things the way they are?

[oneoff]

Oh.. to the contrary.

Booking your place in line some weeks ( which can be months; hell maybe even the next crop year) would seem to be guaranteeing agribusiness that you work on their schedule. I've been much less guilty than most.

Monopolies such as railways that can't/won't deliver service need to be straightened out in short order; by their regulators.

When this next economic downturn comes....will maybe be a good time to make begin working on that move.

There is growing dissent which isn't publically recognized by incumbent politicians.

[Daylate]

Haven't used them in 3 years now on transparent markets. (canola) They never left a good feeling in my gut.
Always feel used!
Even at high prices!
Off spec cereals can work when you give the market time to feel out what company got the big export sale. Then target that company. No one company hits it big on certain crops every year. It's right place right time, just like the rest of farming.

[oneoff]

The comment about "certainty" is very apt.

It works for agricuture agribusiness...at the expense of farmers ; everytime.

[farmaholic]

Has anyone seen or have this happen to them, your target price agreement gets triggered and that very day or a day later the market price is higher?

[fjlip]

Nearly every time, just last week.

[bucket]

It supposed to make you feel special.

Until you realize that targets are an abuse of the open market and farmers.

It would be better if we had a transparent reporting system that told you sales for the week. Then targets might make sense.


Graincos in Canada have no risk. And no accountability.

Too bad the ag mi minister that says he stands up for farmers would give us that options. He may be should sat he stands up for railways and graincos.

He hasn't spoke about the issues in western canada. But like his office told me not alot of problems in North battleford.

[hobbyfrmr]

I like the idea there is no harm in setting high targets, it sends a message for sure.
Farmers can not hold grain. They need the money to cash flow their operations. We had a couple years of solid profits. Most of that profit went into newer machinery higher rent and higher land prices. The party is over. Hangover time.
Farming has always been this way.
One of my fist nations friend has an excellent saying "chicken today, feathers tomorrow".

[tstep]

Will drop my 10 TPA on Tuesday and put in for 12 on my tonnage. You are right, put in higher TPA's

[GOODRUM]

That's great tstep!
Like I said earlier I don't have any TPA's at the moment but on Tuesday I'll be doing some $12 as well.

It's a start! Anyone else ?
Another thing I noticed is the timeline they always suggest is quite long, it's like their instructed to tie it up for as long as possible, even without triggering it.

[oneoff]

For everyone who puts in $12.00 you can count on an $11.99.

There really needs to be cooperation from the $11.99 er's. Those "farmers" are key to getting some confidence in turning the "race to the bottom" around.