Cocktail Friday!

[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.

[cottonpicken]

You went through their financials?any one time expenditures?

They are not buying futures and selling cash?

**** it i will do it myself.

You may want to turn around on this bridge you are about to cross.

To bad most are private

Where is jdpape? I thought this was all going to be over?

[grassfarmer]

Here you go Tom, from the guys that knew enough about history to see what was coming. Not believing the hollow rhetoric of "marketing freedom" like you did.

http://www.nfu.ca/story/nfu-says-farmers-bear-enormous-costs-ritz’s-failure-plan

[BFW]

a bottle in a brown bag might be more appropriate under the circumstances!

[Braveheart]

Tom, please don't let day 27 come without ending the hunger strike. Hunter isn't worth it. He isn't worth shit.

[fjlip]

Lots of cocktails Friday after elevator closed...40 years ago, farmers sharing ideas, due to no internet. Just 3 tons parked, the good old days. No hurry, no breathalyzers, no tickets, no cell phones, just wondering wives.

[farmaholic]

The bottle in a brown bag has been replaced with brown notes in a white envelope...

[LWeber]

I have shit Internet in KS and not able to double check Tom...here is shooting from memory...

Viterra supposedly made 750 million last year...if you can garner that from their financials show me.

Prior to Aug 01, 2012 a yearly profit of 100 mil to 150 mil was considered a good year.

Where is that extra coming from? The god fearing railways?

[BTO_farmalll]

The World Can and Will Out Produce Yous fer Less Money Year in/Year Out, Theys'll Squeeze Till Theres Nothing Left Ta Squeeze, Yall Gunna Get Schooled at Yer Own Game - Call That an Education,


The Writing is On The Wall Folks,


Lights Out,

Nite, Nite!!!!!

[farmaholic]

Its not a question of being an efficient producer, its whats left after everyone else takes more than whats due to them....

Wakey, wakey....

[BTO_farmalll]

Oh,

Is That Right,


Guess We'll Find Out Next Tuesday When 88 Million Acres of Beans Go in da Ground From da USDA,

Someones Gunna Get an Education,

Say Hello To $5-$6 Canlowa of da Combine This Fall (If yer Lucky)