Wheat - sad ....

[furrowtickler]

Husky in Lloyd is paying $5 for cps white with high fus and locally 13% pro #1 HRSW is at $5.60 - WTF ??
Next fall cpsw is at $5.30 - why grow hrsw? this b/s is way worse than the canola market.
I should just let it go but this is not right at all on any level, we are getting so screwed right now in the hrsw market. And yet guys are still flocking to the line companies with there grain - wake the *** up .....

[Klause]

You're right... But a lot of elevator bids in ND/MT even are at 5 to 7 bucks a bu.


The high prices require travel right to Mn where they get loaded onto barges...


The question we should be asking is why is railfreight so much money, or rather, why are grain companies using it as an excuse to charge that much?

[furrowtickler]

Fuel surcharge lol

[BTO_farmalll]

They Dicker Us, n' Dicker Us, n' Dicker Us, n' Dicker Us, n' Dicker Us, n' Dicker Us, Its Just a Never End Of Dickering!!!!!!!!!!

[BTO_farmalll]

Kris,

Why You Dont Have 5 Trucks on The Road, I Dont Know!!!!!!!!!!

[grassfarmer]

So I guess "marketing freedom" didn't bring US prices to the Canadian farm doorstep as promised by some? I remember for years SF3 and others constantly quoting the elevator price in ND and citing that as a reason to get rid of the CWB. Now with the CWB gone you are still quoting the US elevator price and complaining that you still can't achieve it.
Live and learn.

[SASKFARMER3]

Yes grass your right.
I f^&Ked up.
Not. We are similar to the USA fringe prices now. With the CWB this years crop we would have a 1 bushel quota for #3 wheat.
Paying 1.75 as a initial and then the feed price would collapse etc.
But you are correct on one thing. All the glory of the CWB gone we forgot to put in information processes for the grain companies to explain what their selling and for how much on any given day. Sort of honor system we use now is Bull shit nothing is transparent.
Ah yes its fun to admit your wrong.
I was to some degree but still better than we had.

[sawfly]

it is pretty funny
what would our price be if the dollar was par? $ 4.50

I'm shocked ,US elevators don't like us hauling down there. imagine that.

geez i could of sworn, i heard that the company's
here were gonna be outbidding each other to get my grain.

maybe we should ask Tom and the wheat growers what we are still doing wrong.

personally , after being trained last year that if i wanted to move anything , i had to contract 6-8 months ahead. i reluctantly contracted a fair bit at 6.00 for fall

lucky for me that even with the wheat rally my contract looks better than the street price.

I would not say it's cheap entertainment .
but you gotta laugh

[bucket]

Sawfly

We were par in 2012 when this new system was implemented. It made sense then. Not now. And we have good prices and basis was easy to figure. Mpls minus basis. Not any more.

[Braveheart]

I swear, sometimes I think you folks live on the moon.

Just before the holidays, north central ND cash bids were averaging $5.44 USD for 13.5% pro.

Just into MN, barely 110 miles east, cash bids for 13.5 % pro was $6.44 USD. Surprise! They take Canadian wheat.

The same day, cash bid locally, was $6.40 CAD, for 2 CWRS 13.5.

ND elevators are experiencing huge transportation problems. Rail capacity seems to be diminished (they say) to oil using up most logistics capability.

MN elevators are expecting river navigation in a month or so, don't have the oil car congestion problems on railways, and can pump grain into mills around Mpls easily.