Cocktail Friday!

[fjlip]

If it benefits the farmer, it will be canned/ made more complex/ bigger deductible/reduced percentage like Agri-Invest.
Really, a safety meeting with drinks, need that at the elevators, LOL.

[FarmRanger]

Customers not wanting to pay for blending at our port and then complaining about composite loading of ships is a lousy reason to miss, and totally unrelated to the property rights abuses of the single desk.

[grassfarmer]

You had better start eating again Tom, as it's obviously going to take you another 10 years to figure out who is screwing you over and start a lawsuit against them.
Shouldn't really be a surprise given that the same handful of grain companies have been trying to do it for close to a century.
"God bless PM Harper and his corporate cronies" LOL.
When will you ever wise up?

[SASKFARMER3]

Like it use to be! Some good deals happend!

[TOM4CWB]

grassy,

Being belligerent won't buy my logical respect. Actual facts would help!

I went through Glencore/Viterra Financials... and the oilseed crushing business looked like a $2B increase in earnings... yet prices are down with revenue up it looked like 18 percent in line with other industry in our sector.

I see no indication of any windfall of profit in Viterra... such as is obvious at CNCP.

[foragefarmer]

Tom

Did your read Cargill's annual report?

[grassfarmer]

Try looking at what proportion of Vancouver price farmers are getting now versus pre "marketing freedom" and you will see the difference is considerably more than the extra the railways are taking.

http://www.cwbafacts.ca/2015/02/grain-companies-take-13-million-from-farmers/

[TOM4CWB]

Forage,

Is there a profit breakout for western Canadian grain elevator operations?

[TOM4CWB]

Grassy,

Are the CWB committee serious? Where is demurrage, risk management, end user cost of late sales...cost of inventory... the list goes on...

If you folks think this is a cake walk... then you can easily fill containers and sell to end users and avoid the big 3.

[TOM4CWB]

If there is not 10 percent profit on the cost of sales... just as in AGT... then our grain logistics handlers won't have enough margin to survive long term.

If our grain is worth average $440/t on 18mmt $8B and close to $8B more for wheat and barley... $2B for special crops.. $18B should have $1.8B going to the grain marketers and logistics people.

I doubt they are earning half this.