• You will need to login or register before you can post a message. If you already have an Agriville account login by clicking the login icon on the top right corner of the page. If you are a new user you will need to Register.

Announcement

Collapse
No announcement yet.

Grain Companies/CWB Deferring Open Market Feed Barley Sales?

Collapse
X
Collapse
 
  • Filter
  • Time
  • Show
Clear All
new posts
Previous 1 2 template Next
    #1

    Grain Companies/CWB Deferring Open Market Feed Barley Sales?

    The CWB is allowing the feed barley sales that were made during the proposed open market period. The commitment on this business was delivery off the combine (Sept/Oct) but indications are that this business is to deferred to Nov/Dec to allocate shipping to other grains. Is this peoples experience?
    Tags: None
    #2
    Dear CHarlie,

    THIS is Chairman Ritters NEW CWB?

    We are now allowed to deliver our barley in Dec/Jan instead of Sept/Oct off the combine.

    Price still $3.60/bu. No compensation offered for a farm logistical increased cost of close to $20/t to deliver into the revised CWB period.

    What are we supposed to do?

    The domestic barley has cratered since the CWB got the export barley market back...

    Logistics were all in place to export this feed barley product in a timely manner that maximised growers and industry logistics and reduce costs of moving the feed barley into the export market.

    But the CWB knows better.

    With freinds like this who needs enemies.

    ANyone who thinks the CWB has done anyone a favour... except for domestic feed users... IS BLIND.

    There are none so blind as those who will not see.

    Chairman RItter... offer us growers fair compensation... better yet allow the sales to occur as the market had asked them to do the barley sales. WE would be MUCH better served by a market based solution!

    THE CWB JUST DOES NOT GET IT.

    A BULL in the CHINA SHop... no doubt about it!

    Comment

      #3
      Dear Charlie,

      We have a neighbour that contracted his barley, was counting on it being gone off the combine... had many opportunities besides the export market... but signed up and now is stuck.

      This is going to be very painful for many people who were counting on these sales that were booked.

      Only in Canada... would we end up recking so many peoples lives... in 1993... now in 2007 again.

      The CWB was told to facilitate these barley sales... and make it happen. This is our CWB style marketing... maximum cost and most inconvenient terms... no wonder why we get a low return!

      Comment

        #4
        I can see us getting a screwing on this end, but won't the board be negatively effecting the buyer also? Plus is it the CWB's plan to make the shippers look unreliable too. I'd planned on piling my barley and then shipping Oct/Nov.

        Comment

          #5
          doing some checking around, finding problems in certain areas only. sask contracts look like they'll be ok but in mb we're having problems getting immediate delivery.

          who's going to pay the demurrage on those vessels?

          Comment

            #6
            When you consider Saudi Arabia does about 500,000 tonnes feed barley a month plus all the other north africa/middle east business (see http://www.fas.usda.gov/grain/circular/2007/08-07/graintoc.htm) and the business for the most part is optional origin (doesn't matter where comes from/handled by the trade), likely easy to move cargoes around between different regions of the world/shipping periods. Lots of risk involved with this move however and assume the CWB/trade is considering this. Perhaps the good news (sorry malleefarmer) is the Aussie may not have the exportable supplies they were expecting.

            Just did the adding on the amount of barley that moves into the middle east/north africa and came up with about 10 MMT/year or over 800,000 tonnes per month.

            Comment

              #7
              Been hearing that in southern AB some big growers that haven't grown barley for a long time , did this year in a major way. Now piles are growing and no real market in sight.
              It sounds like the Government will appeal, yes that will take a long time. We need to push both the feds and at least the AB gov to move on barley now.
              Need also a collection of factual events where by the CWB has interfered in contracts and pricing. Also what are the grain companies doing with malt? are they going to offer a cash price in the mid $ 4 dollar range ? why not? why notlet them deal with the CWB and we get our money up front at the bin.
              Are farmers going to sell to the maltsters this fall if they don't pony up some cash?
              my barley is still 3 weeks away, so wondering what those that are combining now are doing?
              thanks
              Erik

              Comment

                #8
                No problems charliep alls fair in love and war and grain marketing.

                To be quite honest i feel sorry and angry for you guys with barley decision and to watch you prices recede whilst the rest of exporting countries prices are still heading north,if it wasnt so serious id laugh as its like something out of the keystone cops at cwb.....

                Comment

                  #9
                  This whole situation with Barley, Wheat Durum and The CWB needs to be put to bed once and for all. We need one vote Yes or No, Enough is enough. I was bagging our Barley for November/Dec Delivery.
                  I just want FREDOM to do with my grain what I want.

                  Comment

                    #10
                    It's not that you 'want' it.

                    It's that you -need- it to be able to run your own buisness to the best of -your- ability.

                    Comment

                    Previous 1 2 template Next
                    • Reply to this Thread
                    • Return to Topic List
                    Working...