durum

[bgmb]

Braveheart, you are happy, good for you. I am happy too, don't grow durum and last year i didn't give my wheat away for 5 bucks a bu....

The discussion here is about what it wrong with the system and hopefully how to potentially fix it. When we have price discrepancies like we do right now in the durum market right now I think its worth talking about. We shouldn't have trucks running south 2 and 300 miles that is why we have things called elevators and railways.

[Braveheart]

I'm just confused re price discrepancies as some posting to this thread have had strong bids on this side of the border.

The interesting thing is recently, hrs street prices have been better in southern MB than in ND. ND still has poor rail service that is hurting cash prices.

[bgmb]

A quote from Larry Webers latest email.

"Cash bids today in North Dakota for #1 Milling Durum range from USD$15.00 to $17.00. When the CWB held their monopoly on durum, there were so many chicken little media types, it sounded like a hen house (me included). Today the disparity is as wide as it has ever been and crickets. Some grain companies across the border have signed agreements with Canadian companies and will no longer take Canadian durum direct from farms and or farmer direct via railcar. I’ve seen this movie before and walked out. Canadian bids have stalled at $12.00 delivered for #1 12.0 protein. Thunder Bay shipping opportunities will dry up in 2-3 weeks."

He has a chart showing the discrepancy in durum price from ND to sask is higher than it has EVER been.

where is tom4cwb and all his freedom fighting buddies? SILENT!!!

[bgmb]

Hope Larry doesnt mind me posting that here.

[bucket]

Thank you for posting that.

I was hoping some of the others mentioned in that letter would explain their comments.

I don't care if it's the cwb or graincos - just be consistent in thought about the price differentials. To be so against the cwb to let graincos steal even more is just ****ing ignorant. And immoral when some have the ear of government.

[highwayman]

Sold 30 rail cars of 80%hvk milling durum at $15.75US loaded rail car fob south west sask headed for Chicago Did I have that option with the single desk, NO. Do I care what the Canadian companies are currently paying for that grade, NO.

[HappyFarmer]

What happens if the cars don't show up till march April?

[highwayman]

Cars were booked for June July and never showed so grain was shipped by truck at cost of buyer. Cars were kept on outstanding orders and were confirmed for next week shipping.

[highwayman]

Not suggesting for one moment that its a perfect system out there but when opportunity presents itself, swing for the fences

[Braveheart]

Doesn't Viterra still own Dakota Growers? They can make whatever arrangements they want. There are other options.

[bgmb]

Point is Braveheart the market is not working when we have these huge price differences and grain companies making cross boarder deals to try and keep them that way. Would any other industry put up with this?

[bgmb]

Point is Braveheart the market is not working when we have these huge price differences and grain companies making cross boarder deals to try and keep them that way. Would any other industry put up with this?

[bucket]

Why would farmers that squawked at goodale closing the border with an OIC not be equally pissed off at companies making the same deal privately?

Let's see if tom responds.

[bucket]

Highwayman

Good work On your sales.

Do you think ritz should have rescinded the railway OIC?

Do you not think ritz could have changed the cwb act with an OIC to allow you to do what you are doing?

It would not have affected many but might have allowed better flow of grain north south east and west.

I am worried that with the rescinding of the rr OIC things go back to shitty service for everyone.

[highwayman]

IMO, railway OIC should remain in place for simple motivation for CP and CN if nothing else. My concerns at present are if the US experiences the same logistical problems in rail movement as we did due to the shear volume of their production this past growing season, does our diesel rail power get diverted south to move their stocks and were back to where we were last year.