• 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.

DPC now isnt even in the MARKET!

Collapse
X
Collapse
 
  • Filter
  • Time
  • Show
Clear All
new posts

    DPC now isnt even in the MARKET!

    yesterday at the end of the day I checked my DPC for our area it works out after freight to $7.66 a Bushel which in itself is a great price but here is the thing that P-ss-s me off. Bowbells posted price for last night.
    SPRING WHEAT
    Delivery Date Basis Month Basis Cash Price Futures Price
    Nov 30, 2007 MW8H -0.31 8.60 8914
    Dec 31, 2007 MW8H -0.31 8.60 8914
    Jan 31, 2008 MW8H -0.27 8.64 8914
    Feb 29, 2008 MW8H -0.22 8.69 8914
    Mar 31, 2008 MW8H -0.17 8.74 8914
    May 31, 2008 MW8K -0.23 8.47 8704
    NC SP WHT MW8U -0.78 6.80 7580
    Now is it Just me or can some CWB supporter please explain why their over a Dollar a bushel difference between a US elevator (what the DPC is based on US elevator prices) and what the CWB is giving.
    They just wont let farmers get that $8.00 a bushel will they.
    Also why is it that three days after the CWB PRO comes out that all is bad in Grain prices and the Canadian dollar etc. the Australian wheat board comes out with increases of 12 to 40 on their PRO.
    What the H E Double Hockey Sticks is going on with this USELESS ORGANIAZATION!!

    #2
    Saskfarmer,

    None of what the CWB is doing makes logical sense.

    How can the PRO 100% lock In still cost over $13/t... and only net $289 - 13= $276/t... - $341... $65/t back of even the CWB's take on the market... if I need a locked in price today. Add this to your missing $1/bu... and we are over $100/t short of the US market at the farm gate.

    AND

    We are allowed to pay a multitude of massively higher input costs on top to grow our grain!

    How can any CWB single desk supporter explain HOW the CWB IS extracting any kind of premium!

    Sorry... Looks like I answered our question... THEY -ARE- EXTRACTING a PREMIUM... F R O M... G R A I N ... G R O W E R S... they were supposed to serve.

    Who gets all the Premium?

    Comment


      #3
      New Bumper Sticker

      Yes the CWB gets a PREMIUM!

      F R O M F A R M E R 'S

      Supporters need to start asking questions.

      Comment

      • Reply to this Thread
      • Return to Topic List
      Working...