Prices from the East, Prices from the South

[Incognito]

Wrong

The Ontario prices are delivered to an elevator. The only deduction would be what it would cost you to haul there for your own truck.

[TOM4CWB]

ricochet;

As I understand it, Please correct me if I am wrong:

CWB Fixed Price Contract prices are for a #1 CWRS 13.5 protein in store Port of Vancouver or St Lawerence.

Ontario Board prices are for a #2 CE(Eastern)RS no protein, which comes very close to a CWB 3CWRS no protein grade; at the local elevator/terminal in Ontario.

[charliep]

Went to the USDA Portland market site for another purpose and saw the following. http://www.ams.usda.gov/mnreports/JO_GR110.txt

Exporter offers on Tuesday night for November shipment FOB vessel in
US dollars per bushel:

US 2 or btr Soft White Wheat $ 9.10 up 16

US 2 or btr Western White Wheat $ 9.13 up 16

US 2 or btr Hard Red Winter Wheat, ord.% $ 9.27 up 30

US 2 or btr Hard Red Winter Wheat, 11.5%$ 9.31 up 30

US 2 or btr Hard Red Winter Wheat, 13% NA

US 2 or btr Northern Spring Wheat, 13% $ 9.08 up 29

US 2 or btr Dk Northern Spring Wheat, 14% $ 9.12 up 29

US 2 or btr Northern Spring Wheat, 14.5%$ 9.14 up 29

Off topic but how aware are farmers of wheat cash market prices outside Canada. Does private industry/other sources publish this information for farmers to review or are most farmers left to dig out on their own? Realizing Alberta Agriculture and Food/Alberta Grain Commission already publish some prices, is there a need for government to do more?

[Southpaw]

Yes Charlie, there is a need for someone to be publishing these prices throughout Western Canada. To many of these CWB supporters are sitting with their eyes closed and their finger stuck in their---ears, saying "This can't be true".

[BennyHin]

Cotton:

Chaff is Franny,Incog, and wedino and a few more.

By the way Franny, what is the trucking or rail cost to SW Ontario from your farm?

Also, could it be that the Ontario wheat mills have to pay $8.00 /bu because the CWB refuses to sell to them at a price less than this?

I guess in a "free market" you would be the first one in line willing to UNDERCUT your neighbours and sell at $7.95/bu, and then force the next guy to sell at $7.90/bu........ and eventually the Ontario price is back to $5.00/bu.

Sueweeee.

[silverback]

The stelmach gov't should try and put some teeth into the choice matters propaganda.

Get us away from the communists.

[Lifer]

Benny Hin or Burbert or wilagro or Agstar or "man" in drag or whatever other names you use. Something does not become true just because you keep typing it.

I understood it was pretty clear that the following were all different people Chaff,Franny,Incog, and wedino.

"I guess in a "free market" you would be the first one in line willing to UNDERCUT your neighbours"

What kind of stupid comment is that?

[TOM4CWB]

BennyHin,

Why is something the price it is in the first place?

Cost of Production... plus a REASONABLE Profit = selling price.

Who is more likely to mess up sales?

1. A CWB sales dept. that has always said my costs and needs were not a concern of theirs... and that the customer they sell to could care less either, and this "Single Desk" marketing system confiscates our grain without a cost of sales so they don't know the real value in any event;

OR

2. The Grower of produce who is responsible to his family, farm, and community to bring home as much return as possible... a person who is shrewd and knows the value involved... the person who's blood sweat and tears went into creating the product in the first place... is the likely one to undercut and give it away?

What a web we weave... when we practice to deceive...

Please explain why Canola has not fallen through the floor... a big supply is avaliable Benny... yet the price keeps on rising... to suck it out of growers hands! Backwards to your claims.

The Ontario Board has much more to concern it self with than just the goofy CWB give away sales dept..

Ontario uses our CWB to blend up Ontario quality... so they can get even more value than if the CWB didn't give the high quality & sell at low prices...

If the Ontario Board does not arbitrage UP to US prices... it (or the Ontario end user) won't in many cases get the wheat at all... period end of story. Better to secure the local supply, than need to ship the wheat in from some far away land with unknown quality!

A CHOICE Market Place... value maximised in the interests of the wheat grower in Ontario.

[SASKFARMER3]

To Benny Boy Will Going with a relative today to Bottineau Farmers Elevator since we are not going to harvest because of rain and sleet went for a drive. Here is what he is getting for #2 Durum from Farmers Elevator not the CWB.
Delivery Date Basis Month Basis Cash Price
Sep 30, 2007 NONE 0.00

Settlement price $9.20 a Bushel.

1256 Bushels x $9.20 = $11,555.20 US

Now me the Stupid Canadian farmer delivering to Cargil or VIAGRA

1256 x 2.97 (PRO is $8.49 - 1,50 freight = 6.99)= $3,730.00 now I have to wait for $5,049.00.
$8,779.00 total to me from CWB fall of 08.
Difference for people with IQ like Benny $2776.00 less thanks to CWB.
Now take US dollar and add $401.00 for that difference I am out $3,177.00
Benny that's real money not some BS like you spout. Most of us are getting sick and tired of CWB supporters that just don't get what is happening. Also took a sample of My #2 in Canada the guys looked at it and figured it would grade a #1 and its 15.6 protein. you don't want to know that price. Benny you are such a Loser. Oh I guess that's harsh since under the CWB system all western Canadian grain farmers are losers.

[BennyHin]

Saskfarmer3: You forgot to tell us how many tonnes your American relative already sold at a much lower price; how much he will sell at the current $9.20; and how much he will hang onto and sell at 5.00/bu next June.

Tell us next July 31/08, what his AVERAGED selling price was.

You sure talk a lot about the USA, are you a dual citizen?

[BennyHin]

TOM4CWB; You have lots of spare time on your hands.

Why dont you remind all of us how much Ontario wheat is produced, how much is consumed locally, how much is exported, and when it is exported, where does it go.... to premium markets or garbage dumps?

[BennyHin]

lifer you said:

"Benny Hin or Burbert or wilagro or Agstar or "man" in drag or whatever other names you use. Something does not become true just because you keep typing it".

Give your head a shake, Franny has more custumes in the tickle trunk than Mr. Dressup ever had.

Speaking of Mr. Dressup, I think the man-in-drag reference was previously aimed towards an organic farmer who participates in this discussion group.

[chaffmeister]

Since you like averages so much Benny, consider this:

The average price for DNS 14 in Montana since July 1st is $6.36 (converted to C-bucks per bu).

The average CWB FPC for CWRS 13.5 in Alberta is $5.27.

Oh yeah - and the PRO (a "weighted" average no less, including a projection of good things to come) is $5.51.

Why are the CWB's average prices so much lower than those in MT?

<b>Please tell me - what is so bloody sacred about the CWB?</b>

[SASKFARMER3]

Benny thats glad you asked see he feels the 9.20 is excellent for him for cash flow so he is selling all his production.
1000 acres at 47 bus = 47000 bushels x 9.20 = $432,400.00 check is going in the bank next week
Canadian way on my farm have to deliver what CWB is calling
25%
11750 bushels x 2.98$ = $35,015.00 now and wait and wait and wait till fall of 08 for the rest have to take out cash advance to cover bills etc.
What a great system benny boy keep telling me how great the CWB is.
Go ahead make my day.

[Lifer]

Benny whether or not one wishes to post under different names doesn't really matter any way. So I probably shouldn't have commented on that. If you can put a good debate forward under different names great. It can add to the forum. So go ahead with your multiple names I'm okay with it.

To say the following though you do have to admit is pretty stupid.

"I guess in a "free market" you would be the first one in line willing to UNDERCUT your neighbours"

How is a "fair price" established in the controlled and orderly marketing system you love?

When does your system become greedy?

Sorry for lacking originality on the man-in-drag reference. Its all I had at the moment.