The price posting by graincos is even more contrived now that they're using a blend of $/t. and $/bus, just to make one think that the per tonne price is somehow Canadian price. And that the basis is positive by a couple $/t. rather than the -$1.40/bus. These price postings are criminal and are being used to deceive farmers. The theft of all the fx is a windfall, and the graincos are enjoying it, as much as a ***** rolling around and luxuriating herself in cum covered sheets at the end of a long, successful day.
The graincos are going to continue to **** that fx for years to come, unless the dollar evens out and/or there is a hell of a shortage of grain to buy.
We need standardized price postings from the graincos.
1.) Grain exchange & futures month, with futures price in exchange currency.
2.) Currency exchange applied if necessary in Canadian dollars.
3.) Now take your basis, what ever graincos want, JUST SHOW THE ACTUAL AMOUNT YOUR GOING TO KEEP, BETWEEN THE FUTURES PRICE converted to CAD's AND THE NET PRICE in CAD's!!! If graincos are going to take $3.00/bus fine,,,JUST SHOW IT!!! Just have transparent, standardized, price postings rather than this bullshit your trying to pull off now. (showing a Basis value that's not in USD's or CAD's, but some mythical value that neither American or Canadian).
The graincos are going to continue to **** that fx for years to come, unless the dollar evens out and/or there is a hell of a shortage of grain to buy.
We need standardized price postings from the graincos.
1.) Grain exchange & futures month, with futures price in exchange currency.
2.) Currency exchange applied if necessary in Canadian dollars.
3.) Now take your basis, what ever graincos want, JUST SHOW THE ACTUAL AMOUNT YOUR GOING TO KEEP, BETWEEN THE FUTURES PRICE converted to CAD's AND THE NET PRICE in CAD's!!! If graincos are going to take $3.00/bus fine,,,JUST SHOW IT!!! Just have transparent, standardized, price postings rather than this bullshit your trying to pull off now. (showing a Basis value that's not in USD's or CAD's, but some mythical value that neither American or Canadian).
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