Shorts

[TOM4CWB]

jensend,

Since we are talking about the "SHORT" side of things...

Your attack jensend was on the free market system itself, and questioning if it was/is serving grain growers well.

That, my friend, is a huge door to open. The SHORT answer is: It opens straight into the CWB issue.

[jensend]

parsley you are a poor debater and childish to boot. everything you have accused me of is baseless and you can't find any evidence other than by twisting words and throwing enough mud you hope it will stick. might be quicker dismantling the board if you kept silent.

[jensend]

tom i didn't attack the free market. we have all felt the sting of lower farmgate prices over the years. i was merely considering the implications of this runup in prices. i cannot begrudge grain farmers an excellent year. they've had it coming for quite a while now. maybe you could help old parsley find anywhere where i have said i supported the single desk. i can assure you you won't and if you search my posts you'll see where i've said the board has to go. i've lived with free markets (not that there are many that are free in the true sense of the term) for all of my time farming. it just has to be acknowledged that prices go up and down and there are implications to whatever happens. today i read where a number of analysts are saying prices are at levels where price sensitive markets are reducing purchases or finding substitutes for canola. didn't we all know that would happen?

[jensend]

and tom - on the short side of things: do you not short the market when you put on a hedge? maybe some of your neighbours who are sitting on physical stocks would say you're betting against them by not holding out for higher prices. some of those shorts are strictly hedges and will be good management strategies.

[cottonpicken]

Twenty-two stories up watching the water show at the bellagio hotel and laughing my ass off.

Tom and pars are like the two cops off of the dukes of hazard.Continously policing this site and making sure everybody "thinks" just like them.Never excepting somebody else might know something.

Were is my wishy,washy post?

[jensend]

boy, even a disappearing post - pretty scary, eh boys and girls. maybe parsley is actually dick cheney keeping an eye out for canadian terrorists. maybe we'll wind up in cuba with other sask tourists!

[TOM4CWB]

C.P.

I never expected everyone to think like me, and never expect they will!

Jensend... I have on numerous occasions put forward the position that Forward hedgeing does NOT net better returns.

The reverse is the case from my training.

The George Morris Centre taught us this... my KenAgra Management courses 15 years ago taught us this... as I posted a couple of days ago... the AUSSIES have learnt exactly the same thing.

Cash is KING.

[jensend]

does this also disqualify forward pricing production contracts? if you lock in prices ahead of delivery the same logic applies to shorting the market.

[parsley]

Ten yes or no questions jensend. Your opinion.

Please answer them,will you, so that once and for all, you can dis-confuse me. LOL

Of course, they are intuitively obvious for you! As a fellow Agri-viller, humor me, will you?


1. Is having higher prices a bad thing?

2. Should prices rise just a little bit?

3. Should it be soley farmers who decide the proper level of price increase they ask for, for their own grain?

4.If wheat rises to fifteen dollars, should a farmer quit growing because of weather variables?

5. If wheat rises to fifteen dollars, should a farmer quit growing because of inflating costs as opposed to profitability?

6.Should farmers discourage receiving high prices because it will lead to higher costs?

7. Should farmers discourage receiving high prices because it will lead to slimmer margins?

8. Does ten dollar wheat automatically bring inflation?

9. Should small, poorer countries pay the world price for grain?

10. Was the CWB selling wheat to China and India 15 years ago at less than market value, good for Western farmers?

Parsley

[jensend]

okay pars and i'll deal in good faith that then you will address the issues i brought up.

1. Higher prices aren't bad. People on the other side of the deal would tell you that lower prices aren't bad. The market is the market and the price is the price.

2.Prices should rise and fall according to market conditions and supply and demand.

3.Farmers should decide the price they ask. The market will determine the price they get.

4.A farmer should not quit growing wheat at fifteen dollars unless he feels it would be a losing proposition.

5.A farmer should evaluate the risks and rewards of any production decision. If his breakeven yield is not probable then he has to recognize that risk.

6. Farmers should not refuse higher prices.

7. Ditto

8.