NSW gets heavy RAINS!

[TOM4CWB]

Mallee,

"....At the central NSW town of Coonamble 171mm of rain fell during the 24 hours up to 9am (AEDT) Saturday, which the Bureau of Meteorology said was more than the town's three-month average.

While the heavy rains caused the closure of some roads and left a handful of rural residents isolated, Water Utilities Minister Nathan Rees said the rain was a much welcomed Christmas present for farmers, graziers and other inland water users.

"The heavy rains are expected to provide good flows in the Barwon-Darling River system, as well as the Gwydir, Namoi, Macquarie, Lachlan, Murrumbidgee and Murray valleys," Mr Rees said in a statement on Sunday.

"These flows bring significant environmental benefits, allow extra water to be made available for irrigation and mean we will be able to relax some existing restrictions.

"The flows will also boost the water supply to the towns, regional centres and industry along those rivers."

Mr Rees said the rains had guaranteed the water supply of Broken Hill in the state's far west until late 2009, with significant flows into the Menindee Lakes expected during the next five weeks."

http://news.smh.com.au/heavy-rains-great-news-for-nsw-farmers/20071223-1ir8.html

Merry Christmas!

God Bless Australia!

[Incognito]

Vader, What benchmark are you using to gauge CWB sales performance.

Are you still buying into the premium B.S.?

[craig]

What a bunch of crap. This is a stock off the shelf reply from the board not designed to add creditability to the debate but a feeble attempt to place doubt in farmers minds. They are as guilty as anybody of picking and choosing numbers to support their case. Then they add the arrogance to imply that they are the only ones that really understand the situation( you dumb farmers couldn't possibly understand something like this). I am the king and you should check with me before going off and making such statements. The reality is that with more access to information these statements from the board have less and less creditability. Maybe they can explain when the average spot price over a whole year is consistantly above both the PRO and the Producer payment options. Maybe they can explain why the daily price contract is so much below what American producers receive. Maybe they could just come up with an explanation of what CWB basis is. Give me a break.

[Incognito]

PPO = Protect Pooling Option

[vvalk]

Unbelievable. Typical CWB logic. First using end prices instead of farm gate to come up with premiums. Only thing that matters is farm gate price. Second if the CWB was not in the way we would have our own mills on our door step to sell to. They will not build until they can contract with the farmer. Last the spot price at every moment has been higher then the pool price. I can make the decision to price when I want, not some failed farmer kaking the decisions for me. If they knew what they were doing they would be doing it, not working for the CWB. Finally I run a multi million dollar business. Most of us do. Its all about margins and locking in those margins is what keeps my farm going. Trying to decide what to grow next year especially on irrigation. Guaranteed supply. Should I grow canola or durum. CAn lock in $12.50 canola. What about durum? How can we run our farms this way. Just hope the CWB makes the right decisions. The poof is in the planted acres. CWB crops are in decline big time. CWB supporters its time to get up to speed in todays market. The CWB can not keep up.

[malleefarmer]

Gday tom and all yes alot of aust has had good rain we scored 27mm but adds to moisture profile but causes summer weeds to germinate but fills rain water tanks for personal use.

Harvest i would suggest is 90% done just the very high rainfall areas in Victoria and parts of SA are just starting.


Merry Xmas to one and all agri-villians

[parsley]

You too, Mallee. I miss our correspondence, but will be heading home after Christmas and we can touch base then.

Parsley

[TOM4CWB]

Incognito,

Arison knows better than this.

The Eastern Canadian base grades don't come close to the CWRS 13.5 graded quality... or DNS 14 standards.

Lets actually talk about apples to apples here... than we can get somewhere.

It is breaking NAFTA to charge a higher price to processors in Ontario than the CWB makes generally avaliable elsewhere in North America.

IF Ontario wheat is discounted... there is a good reason... QUALITY. And that is NOT the QUALITY of the Market providers... it is the GRAIN QUALITY.

Who wrote this for him?

[Incognito]

Let's see how many guesses do you need:

QUOTE:

"We think it's extremely clear - as clear as the written word in the act."

UNQUOTE

Deanna Allen, vice-president of the boards farmer relations and public affairs.

UNQUOTE
_____________________________________
When was the last benchmarking exercise and who paid for it?

[chaffmeister]

Arason writes:

“And I believe very strongly – as the CWB’s entire board of directors believes very strongly – that any criticism of the CWB should be based on fact, not on vague innuendo circulated by Canada’s competitors.”

OK – how about this on 2 row malt barley for 06/07:

2 Row final = $202.02
Starting from July 1, 2006
- the US 2 Row price (basis Portland) achieved an average price of $202 on Dec 29
- the EU 2 Row price achieved an average price of $202 on Oct 27
- the CWB selling price (the “Card” price) achieved an average price of $202 on July 28. <b>Before the crop year even began!!</b>

Also – the PRO hit $200 in December 06. (So how much do you think they sold after that?)

Also (using price data from July 1 2006 to July 31 2007):
The average US price was about $20 over the CWB Final
The average EU price was about $83 over the CWB Final
The average Card price was about $49 over the CWB Final
The Feed Barley Pool “B” Final return was about $8 over the CWB 2 Row Final Return
The average of the Final Returns of the two Feed Barley Pools (A&B) was about $3 under the 2 Row Pool Return

Now let’s remember a couple of comments made by the CWB and/or its supporters:
1. Back in October, Paul Beingessner wrote about Western Canadian Wheat Grower vice-president Stephen Vandervalk and how he and others like him should be happy that the CWB was there to protect him from making marketing mistakes – like selling too early in this wild bull rally. Read it again for yourself:
http://www.agri-ville.com/cgi-bin/forums/viewThread.cgi?1193242227
2. Much further back – about a year ago, the CWB released a study out of the U of S that said that, on average, farmers get about $59 million more out of the barley crop because of the CWB than they would with an open market. The study says this extra money comes from the “premium” the CWB gets for malt barley over feed barley – or more precisely, the malt premium over the CWB feed barley price.

Now go back to the price comparisons:
It’s pretty clear to me that the CWB sold the 2Row crop FAR too early last year. Wonder what Beingessner would say about that…
The CWB’s 2Row final is about the same as the feed finals (the average of the 2 feed pools). Tell me again - where’s the $59 million benefit?