Ag Day G Wilhemi

[northfarmer]

wheatking, do know of some pro numbers that we do not? i priced dpc at $5 over pro the other day, without the bull*&^% PPO(pool potection option) would have been at least a couple of dollars more......

I have not moved one bushel of my CWRS, i have thousands of tonnes....our bins are far from empty, but this grain was contracted on the a series, it is open, but no shipping!!!!!!

I have a good chunk of my free amrekt canola unpriced, did not sell it all at 10 bucks...just pray some day i could market my wheat the same way....

go form a volunteer collective if that is what you desire, free my wheat and barley so i can do as i please!!!!

go Ritz go!, not just barley, give us wheat freedom too

[cottonpicken]

What a great day.

I desided to count my chickens.

My family and friends no longer consider me crazy for hoarding grain and saying things like 20 dollar wheat.

[charliep]

Congratulations Cottonpicken

CWB asking prices in Vancouver today $21/bu.

See the following link (2/3 of the way down).

http://www.agric.gov.ab.ca/economic/stats/wkgrain.html

[LWeber]

I'll save my congrats Cotton until a real $20.00 bid appears (it will) - not an asking price set above the Portland price. No reason DNS doesn't go as high as Durum at $23.50.

http://newcentag.com/

DNS 15.0 at a farmer owned elevator is bid $18.50 in Fortuna, North Dakota. Cash in Portland is trading a little higher. Thats a real bid - u can sell it - get a cheque and touch it. Asking price is like us cowboys phoning and asking Angelina Jolie out. Business doesn't get booked at the asking price. Boinking Angelina ... asking price ...the probability of either is the same.

Psst ...Agstar - pick up the phone and call them - they bot DNS all week from empty bins. It was SWS that went unfilled in the Japanese tender.

Some U.S. co's have gone no bid on DNS - too much of a drain on finances keeping hedges on. Risk is greater than the handling reward.

Long time until new crop is off in North America. The wheat crop in TX is in deep. Wheat in OK is not fit for grazing. A 3-5 inch rain could still salvage it and given the weird weather - don't rule it out.

On a brighter note - Flax is trading 17.50 this afternoon and red lentils are trading 35 cents FOB. Yellows have traded track equiv of $11.00 to the farm; but there are sales to fill at $10.50 before you see an $11.00 bid.

Graphed pulses today from Dec - Feb versus canola/wheat increase. They either step up to the plate or they won't be in the drills at these levels.

I pray that you guys see $10.00 for your old crop wheat and have the opp to lock in $10 for new crop.

Thats not asking for much given these world levels - is it Agstar?

[parsley]

Glad to see you had enough starch in your collar to keep you sitting up straight ahead, while sticking to your decision cotton. Congrats.

On another note:
Just had an e-mail from a farmer in Autralia, and just got home from attending their grains council meeting in Adelaide, and he says, "the single desk has finally been buried"

Amen.

[Hopperbin]

Agstar there are no American grain companies locking in wheat futures prices because the futures are going limit up in which case the actual price is rising faster than the limit up price. Why lock in a futures price that is lower than the actual price of a commodity.
I am happy to have 30 percent of my Canola left to price, I am letting it go in little bits. Started pricing new crop. Just called my dad today, let him know some prices I just locked in.
My two year average price could be higher than the highest price he ever got in only one sale. Well we have a new pro coming out soon. Will tell us more what the board has been up to. Lets not forget all the poor farmers that fixed priced and supported the current pro.
Dalek I don't much get you. I think you should hold back a bit. I think you mentioned something like 6.5 per bushel for soft red winter wheat in Ontario. Isn't that a bit low?

[cottonpicken]

Angelina,wait till you see the new beowolf movie,you get to see all of her.It was kind of surreal,it was my turn to pick the movie and when we got into the theater we were the only ones there!And then my wife got up and went shopping(Not a chick flick)so i was all by myself with only a six pack of beer to keep me company.

I went and killed my buzz by calculating the other side of the balance sheet,ouch,its going to cost a lot to put this next crop in.