Basis levels costing farmers billions

[bucket]

No farmers wanted a functioning open market.

It's dysfunctional now.

To have an open market the transportation system has to work well.

We have been set back 20 years in grain logistics. No one is willing to admit it.

And the longer they wait to fix it the harder it will be to fix.

[bucket]

Forage

I do concur with your assessment of conservative mps.

They could do a lot better.

Doesn't matter much to me now. They have list my vote this go around.

[bucket]

Lost my vote. Samsung auto correct.

[farming101]

Here's another thing that makes one wonder what's going on.

CGC week 28 Grain Statistics report shows Pacific ports with 904,100 tonnes of various grains in stock as of Feb 15.
81% of total capacity. This would be viewed as over working capacity and up from 667,600 tonnes three weeks ago.
Bad weather? Breakdowns? Wrong grades delivered? Who knows? There are ships waiting. One thing for sure is that the terminals will not unload rail cars at full speed with this situation.
An outstanding grain sales report like the US industry has would be helpful.

[Hopperbin]

When the cwb was still in controle i sold all my wheat blended up to number 2. Humboldt location. 2012 crop year. Just had to get it picked up dumped in saskatoon. The fuzz was just as bad. We need cwb back. **** this shit

[bucket]

Farming101

Maybe that's why the railways are missing targets.

Graincos should be hauled in front of a parliamentary committee and made sure that they explain wtf is going on.

[farming101]

A few reports from the graincos would be good PR.
Publish some shipping targets. Send out a press release when an Act of God occurs. Nothing.

[bucket]

Farming101


It's all mandatory in the states.

And as much as I dislike trend line yield reports - it helps them plan infrastructure.

Imagine if the US was using yield data from 20 years ago to do infrastructure planning. Oh wait that's canada.

[MBgrower]

Graincos continue to blame the railways, which is wrong as we can see the grain is moving to port. Farm stocks in the last statcan numbers indicated this .
My guess is Ritz will agree with the graincos, and his solution will be to deregulate rail freight.

Utimately your elevator to port price differential will increase from$100 per tonne to $200 per tonne once the railways start collecting their fair share too.

Glad i live near the USA border, but unfortunate for u guys in mid sk, or further north.

[tstep]

👍 hopperbin.

[Hopalong]

Would be a policy turnaround for elevator assn to support deregulation.
Had to wonder why they were so supportive of farmer resistance to change in revenue entitlement.

[Hopalong]

For those who think graincos make big profit from basis levels, why would they want to change things?

[sumdumguy]

Grain companies made their money when we had the CWB paying storage, all the marketing costs, all demurrage. Thanx farmers.

[OneOfMany]

Now its from stealing the exchange and the " wide " basis.

[Tandem007]

If owning elevators was so lucrative, why did we sell them all? See Witpwtt22net Etc etc. just curious? Farmers owned elevators, sold em and now complain...drop it on cwb they never graded grain or loaded a car. They just took money and stopped you from selling your grain if and when and to who you wanted to. Plus it's gone so drop it. New cwb will not operate anything like old one