The report assumes that the total of all exports can have the same basis deductions applied to them. So eastern corn, soybeans and wheat as well as canola, flax, pulse crops and all special crops no matter how they left Canada are included. I think that is a poor assumption. The report calculation from what I can deduce is this: 49,407,114 tonnes X 40.48 per tonne = 2 billion
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Richard Grays analysis done for the Saskatchewan Wheat Con
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The report uses the AAFC weekly indicator price as the port price realized for all sales of wheat. If the report is trying to determine real losses for real sales of real grain then it follows that it should use real export prices too. The AAFC report plainly says that their weekly price does not reflect actual sales, but rather is a sampling of FOB asking prices.
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Blackpowder, no kidding, supply push is giving everybody a sore shoulder and grumpy disposition!
Demand pull for wheat is kinda questionable right now. If the dollar hadn't gone into a tailspin, wheat exports might have slowed up more than they actually have.
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DePape Who reviews your work Ritz and Anderson? Cargill perhaps?
I believe this famous quote could applies to you.
As former prime minister Brian Mulroney once told a group of reporters concerning John Turners patronage appointment of Bryce Mackasey as ambassador to Portugal. "There's no ***** like an old *****. If I'd been in Bryce's place, I would have been the first with my nose in the trough, just like all the rest of them."
You have your nose in the trough. I believe you have done well for yourself.
The farmers you mislead are not doing so well though.
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