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US vs Canadian durum prices

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    #16
    At least land owners will get their and back.
    I sold/gave grain to pork farm, they fed/sold pigs gave income to pay themselves/lawyers and accountants. I couldn't even get pig manure when they were done.

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      #17
      Some on the creditor list are investors. Gary used a derivative called profit participation issued by CIBC to get around foreign ownership laws.

      I think under one of the documents on the trustee website there is a list of investors under this method and the amount that they invested.

      This one will hurt Gary, he gave personal guarantees and the loan to AFSC was a personal loan to him and his wife.

      He would have sheltered some assets in his son's name initially.

      But how much coolaid do you need to drink to believe this level of BS. When you miss the mark consistent by 40 to 60 % for three years, guess what you have established to earning capacity of the operation and it is 40 to 60% below the fantasy number you are trying to sell.

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        #18
        Just build a ****ing pasta plant. Easy.

        Comment


          #19
          Wow how did my last post end up here?

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            #20
            During the last election it was stated that a pasta plant would be built when the CWB no longer had a monopoly. Is the plant operating? Will it support domestic durum prices?

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              #21
              I am always find it interesting Agriville has a great big discussion on durum prices and a $___ value is never posted. When you are making these comments, what prices are you seeing in the US versus Canada? Is it for the same quality of durum/same market?

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                #22
                Just a question. Is the plant operating?

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                  #23
                  They haven't put a spade in the ground and Katib is busy on the CTA review.

                  Comment


                    #24
                    Really! I thought the plant would be starting once the monopoly was over. Any thoughts?

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                      #25
                      When get done cleaning our durum for grade improvement, I will be heading down to the States and looking for a buyer. I've heard some good things but refuse to divest someone else's business I've been entrusted with.

                      When I get my results I'll talk.

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                        #26
                        What are you cleaning out to improve grade?

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                          #27
                          A high percent of fusarium(10-14%). I have to try something, its complete garbage otherwise. Has proper bushel weight(and should get heavier after cleaning)and 14.8-15.4 px, decent color(no harvest bleaching). At least try to make it into something blendable. The prices justify it. I wouldn't do my HRS, fusarium isn't that high and price spreads are to narrow. Wish me luck.

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                            #28
                            I realize I won't get it all out and loose some good stuff. The Cleaner has a gravity table in system.

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                              #29
                              Maybe a cleaner beside the pasta plant would be a good idea.

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                                #30
                                Most elevators have CLR sorters that can be set to take out a lot of the Fus.
                                Why isn't fus considered DKG if it can be removed by gravity table or clr sorters?

                                The way we assess DKG is the same as it was done decades ago. We have modern machines available and used. Time to get into the 2st century.

                                Good luck farmaholic and make sure your elevator assess it using proper procedures when you take in your sample.

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