Positive Wheat Basis

[Klause]

Greatly depends on buyer as far as dockage.


Grain also must be blended to meet spec.


Probably more like a buck...


Would you rather they make no profit?

What is an acceptable profit for a grain gompany?

[farmaholic]

Klause, I don't think anyone here is denying the inland terminals need to make money. But it's gone beyond elevation and cleaning.

I've said before, Their Trident:
1: elevation
2: purposely misgrading
3: blending

Lots of options and combinations of options to make money.

I wonder who nets out better at times the Handler or Producer?

[bucket]

Does 750 million for the viterra unit seem fair considering they were supposedly bankrupt not too long ago?

[ado089]

Freight, elevation and cleaning costs are well under $2/bu. Actually the old CWB tarrifs were quite close with about $15-20/mt of slush for the grain companies...at least when I was buying grain. But that was almost ten years ago and you had to work for market share back then.

[ado089]

We also got to keep the difference between the single car freight rate and the unit train rate. Back then out of central Alberta that was about $12/mt. I often used some of that to pay a trucking premium.