Ontario Wheat Board CASH Prices

[TOM4CWB]

Dear Craig;
I see Ontario wheat growers prices posted and offered at Ontario Elevators by their
OWPMB @
http://www.ontariowheatboard.com/dailyprices.php

Hard Red Winter: Oct $7.19/bu
Hard Red Spring: Oct $6.78/bu
Soft Red Winter: Oct $6.98/bu
Soft White Winter: Oct $7.19/bu

I understand the Ontario Elevators are out bidding the OWPMB and offering even higher prices!!

The CGC Eastern Hard Red Spring grades the OWPMB uses as standards are of MUCH LOWER quality that the CWRS 13.5 standard the CWB uses to quote our Fixed Price Contract and PRO. Same goes for our Select Winter Wheat grown in the “Designated Area”
The $4.50 Discount on CWRS and $6/t on Winter wheat is a total insult when the prices quoted on the Fixed Price Contract by the CWB are lower than the PRO. and at least a buck a bushel below market value in the first place!

THis is CRIMINAL. The "Single Desk" at its best extracting a premium FROM "Designated Area" wheat and barley growers!

Liberals, NDP, and The Bloc want to fight inflation and keep domestic food prices down! The CWB does this for them!
Benny Hin and Burbert… you don’t have to go to Great Britan to get $2/bu more… “Designated Area” wheat growers just need to be able to sell into Ontario!

Please explain to me why Ontario growers get free export Licenses from the CWB… without exception… and we are refused ours!

[Fransisco]

And cotton wonders why people go after agstar.

Great link Tom, thanks

[TOM4CWB]

August 23, 2007

Portland Price Trends as reported on DTN

#1 SWW (bu) $7.20
White Club $7.30
HRS 14% $7.29
HRW 11.5% $7.39
#2 Barley $212.00
#2 Corn(ton)$171.00 Prices in US$

It isn't Just England and Ontario Benny/Burbert... ever wonder why low prices happen often to be in single desk countries like Australia and Canada?

[TOM4CWB]

The DTN price reports can be found on:http://www.webercommodities.com/index.cfm?show=801&id=0700B939&sort=6&cat=4

I guess I had better smarten up and get MY DTN internet renewal done!

[Fransisco]

Just wondering if there are any deductions from those posted Ontario prices?

Is that the in your pocket price?

[mustardman]

CWB durum pro $ 9.01 for #1 14.5 protein at port.
So just think if all you wisemen thru your western wheat growers assoc. hadn't lobbied to end the crow .....

We'd be getting $ 8.75 in our pockets

[Fransisco]

Mus,

1. The pro is not a guaranteed price.

2. Even if it was port prices are not in your pocket prices, you have to get it there.

3. When you work it back to your pocket that 9 bucks turns into $7.80 for Manitoba $7.59 for Sask and $7.66 for Alberta.

4. When I look across the Manitoba border to Bottineau, North Dakota the actual cash harvest price, now and not some guess into the future, it's $8.24 Canadian for what is probably a slightly lower spec Durum.

5. I would much rather get my returns from the marketplace than a subsidy like the crow, especially when the marketplace is providing it.

[mustardman]

Franny you don't think the US Army corp of Engineers maintaining the Mississippi River ,dredging etc is a subsidy to grain producers ?

In 1984
When I asked Byron Dorgan this question , he replied it was a subsidized waterway but the difference between Canadian railways and the Miss.River was that All goods that travel down the river are subsidized !!! How's that for a strange look at reality ?

By the way the I know the port price is the price at port and I still have to get it there. But it was 25 cents per bushel for freight when the crow was intact. before the Alberta gov't and like minded groups had their way so we could have a feedlot industry in southern alta

[mustardman]

Fran has a good point Mustardman,
the crow is dead and gone, and thank god for the livestock industry in southern AB or else barley would be a niche crop by now.
Subsidies are not how I want to farm, if you produce a raw commodity that has no value until it is exported then you have to pay the price to get it there. As for the US, damn right they get their waterways subsidized heavily yet they also have the tax base and population to pay for it.
We need to encourage more value added processing here, thousands of container cars are going back empty, why not ship a some what processed commodity back in them?
It was not the AB government or WCWGA that killed the crow, it was at the begining a substaintial $$ to be despersed. Yet the Pools, CWB, NDP governments that fought over it for several years dimminishing the $$ to minimal 1.5 (?) billion. I at the time was a young farmer, renting most of my land at $ 50 -70/acre dollars. My landlords kept the money, there was no debate, either let them have it or lose the land. The values here in south central AB did not drop, and have rose steadily ever since.
We need agressive access to markets and marketers for all our commodities. And more value added here. I look forward to the biofuel industries that plan to build in my area.
Erik

[Fransisco]

Funny, I remember it was your good friend Ralph Goodale that held the axe.