New Strategy

[agstar77]

Federal Ag. minister to announce "NEW" strategy for freeing all you designated farmers. He will do this at a meeting with provincial ag ministers today, I can't wait to see what this new strategy will cost all of us. His energy would be better spent on ag support programs and transportation.

[parsley]

Support programs u crave?

You actually advocate preventing ONLY Western farmers from realizing the benefits of high markets, so that the Federal Government can tax Canadaians yet more to provide subsidies to Western Canada?

Give your bloody head a shake.

Parsley

[AdamSmith]

Dec Chicago Wheat closed the day at $7.84 and Agstar needs a government support program.

Let's all say DISCONECTED together shall we.

I guess he would know better than anyone else that the cwb will not be getting wheat farmers that kind of cash.

[AdamSmith]

Agstar, your biggest concern right now is that we don't have a better disaster plan in place??? And yet every day that Wheat soars to all time highs, and the CWB is giving you that premium you don't complain???

Not to turn this into a another CWB thread, but come on give me break!! What amazes me is how CBOT could hit $9.00/bus, and if the CWB raises the PRO to say $6.00/bus, these stupid CWB supporters will just say WOW!!! That's the most we've been paid for wheat in years. Idiots!!!! Thank god I've the tools to say F the CWB and make my money on paper!!!

[agstar77]

If you can make so much money on paper snappy why farm? You are right in there with Fran and chaff with your ability to predict the market. I admit I am no better than the rest of the traders who claim they are lucky to be right more than half the time. There are no guarantees prices will stay up, if the U.S. economy tanks into a depression none of us will be spared.

[agstar77]

AS, you are good st reading today's prices, but can you tell me the average price for the next year?

[furrowtickler]

Agstar, one point, who cares wtf the average price for the year is. Every U.S. wheat farmer has the choice to sell every kernel of wheat right now at all time high's. The FPC today was $5.60/bus - this is over a dollar/bus lower than anywhere in the world - where the f*** is the borg premium for canadian wheat!!! We should be able to lock in .25 -.5/bus over the minn price not way below. Just like I had the chance to sell all our barley off the combine for $4.50/bus - 100% of it and get 100% of the money now. We will be lucky to get $3.50/bus through the borg over the next 18 months. Yes prices are better than a year ago but everywhere else in the world prices are rocketing and western canadian farmers will have stand back and watch a possible once in a lifetime oppertunity pass by for the betterment of the borg, what a joke!

[furrowtickler]

I can't tell you next years prices now!! But I will have a good idea in the coming months. I can't predict the markets, but this Spring, and for that matter last Fall, we knew that thw Wheat numbers were tight, and any weather scares in the World would help tighten those numbers. Well viloa, those weather scares have happened and we are in a major Bull Market. I will tell you how long it will last when seeded intentions for Winter Wheat etc, around the globe come in and then you make your own call on what the probability is of those acres coming in 100%. And for this reason I did well in Wheat, I still find that the Fundamentals are the biggest part in determining a Bull market!!

[silverback]

Now, now children, you should not be so greedy with this expectation that your grain should be worth as much as other farmers around the world. That is not the canadian way. We are just nice people and the need, or desire for the value of your own product is not as great as preserving a canadian institution or it's values.

And who are you to decide that you would like all of your grains value right now anyway. You will just spend it foolishly on beer or popcorn or fertilizer or a real vacation once in your farm lives.

The cwb will let you know what they were able to get for your grain and they will pay that back to you when they see fit so that you do not squander it on un-canadian things.

Now go back out there and put some of that lovely grain in your bins where it belongs.

[AdamSmith]

Agstar wrote, "AS, you are good st reading today's prices, but can you tell me the average price for the next year?"

Yes,

ND farmers will recieve on average a buck a bushel more for their wheat than the cwb will pay canadian farmers and close to $2 a bushel for winter wheat. The Bottineau ND Elevator price for DNS and Wineter Wheat will beat the cwb price 365 days of the year.

Same as this year, same as last year, same as the year before that and the year before that, and the year before that, and the year before that, all the way back to, oh, probably the late forties.

I've monitored these prices for over ten years and I've never seen a daily price lower than the cwb equivilent, not once, not ever.

By the way, that extra buck or two or more NOW would go along way to cushion farmers when the market does go lower.

[chaffmeister]

Agstar: Are you suggesting that individual farmers can't predict next year's prices - but the CWB can? Or that the CWB system makes it so that you don't need to worry about it?

The CWB can't predict prices next year anymore than anyone else. In fact, they don't even try because they wouldn't even act on the knowledge if they did. Which is unfortunate, because some guys would - if they could.

As for the notion that the CWB is great because nobody can predict future prices.........well, I just don't see it.