How stupid are Canadian Farmers

[bgmb]

ok, just looking at some cash bids in north dakota and they are more like 5.25-5.50 for 14 pro. If those posed bids are like what the line companies send out here they dont mean much though.....

Right now here I would be losing money hauling wheat to the US. Wheat prices are basically the same locally as they are just over the line which is quite a haul for me.

[bgmb]

Lweber, Any idea whar #2 13.5 wheat is offered at fob thunder bay for june?

[bgmb]

from what I can find it is about 325/mt CDN $

[LWeber]

Since you brought it up Dave...what are you using for processing margins today?

[bucket]

To the original question my answer would be......pretty......stupid.

And depending on how your feeling it's either a complement or reality.

[dave4441]

You cant sell USD $750 today Vancouver Larry. What the **** are you talking about?

USD $850 destination is almost impossible to sel. You are getting rusty.

[bucket]

And Dave proves he thinks we are all stupid.

[Braveheart]

Bgmb, you're right re ND prices. Posted on web cash bids are usually what you get. Local southern MB prices are currently better without the hassle.

[LWeber]

Yes - Thursday Feb 05th constitutes rusty...

about those processing margins you mentioned...

[fjlip]

Does that US broker KNOW it's Canadian wheat? Thought US buyers were discounting ours? Why would he pay $6.33 US when ND elevators are paying $5.25? Anyone know if US urea is any better quality, or is it our stuff shipped 1000 miles south and now coming back same distance? The whole scenario looks stupid if that is what it takes to make prices close on both sides of the border. Waste of trucks, time, fuel and roads.
We sold #2CWRS 12.5 for $6.25 in Dec to Pioneer and paid for Oct applied urea Dec 31, at $515/tonne. Equals 82 bu/tonne CAD or 68 in USD. Trucked in tandem only 25 miles, not southern Montana. Got to be better deals than a 1000 miles!

[farmaholic]

Agreed fjlip. Sold my 14% px chicken feed wheat(it wasn't pretty acc fusarium) for $6.00 in Dec(just got done delivering) and had $510 urea delivered beginning of Dec. and S15 for $690 picked up.

What is a persons time really worth? When mini-Klauses show up thkngs change.

[farmaholic]

The only "stupid" thing about this is that there was a systematic consolidation of the grain handling and transportation systems that was supposed to have a trickle down affect for producers. And a lack of real competition in the crop supply industry AND the other aforementioned players. It should never make sense given the distances being considered.

Side note: and the government comes up with emission shit laws but does nothing to curb this nonsense? Insanity!!!