my point is that there are few (could be none) of the marketing choice people on here that would have had any durum left to sell at twenty-five dollars. that is the way the markets work. if you have none left i could offer you five hundred dollars a bushel but your revenues and my cost won't change. to calculate your opportunity cost against the highest prices for the year is disingenuous at best and maybe stupid more likely.
Announcement
Collapse
No announcement yet.
CWB supporters are NUTS!
Collapse
Logging in...
Welcome to Agriville! You need to login to post messages in the Agriville chat forums. Please login below.
X
-
Was the average durum price in the us 7 bucks and 6 bucks for spring wheat?I believe those were the usda's numbers.
A convienently over looked fact.
Personally i would have made 100% durum sales at 20$So i hope the board goes.
But.... for a lot of people here i am skeptical they could beat the pool price.
Comment
-
Jensend,
You said:
"my point is that there are few (could be none) of the marketing choice people on here that would have had any durum left to sell at twenty-five dollars."
What was that?
If I sold 100%, my choice as 100%.
If I sold 0%, and that was my decision... it would be 0% sold.
Saying I would or would not have sold is irrelevant.
The CWB forces us into boxes.
A DPC box... 1.5 hours long... In JUNE... BEFORE quality or quantity is known... HOW STUPID is THAT?
A FPC box... that is priced out against my will, that is determined not by markets... but by how well or how badly the CWB is doing with the pool... and how much of the basis the market determined.... the CWB can steal... without me screaming too loudly.
NONE of these options come even close to transparent cash picing of our wheat... which has nothing to do with the single desk. The CWB could cash price tomorrow without one change to Regulations or the CWB Act.
SO tell me why we were not allowed to cash price last week... when everyone on the planet wanted our wheat... and were willing to pay well over $20/bu at the farm gate for CWRS 13.5px in western Canada?
All we had to do... was to get it to port position by the end of April!
I would haul it with my own truck to port... for that return!
What on earth are you people looking at? THIS IS INSANE!
Comment
-
Always curious about the discussion here. One person sells they can pick the top (maybe they can). Another says that farmers left to their devices would sell the low.
The world I know (board and open) says pricing goes on 365 days a year. What drives this is the consumption side which needs product 365 days a year. The production feeds into this process with both producers and users looking for a fair and visible system to establish value on a daily basis.
My experience on open market crops is most farmers can use marketing tools to plan their sales to be profitable and pay bills as they come due. This more than likely means averaging sales over 12 to 18 months in the same as with CWB crops except who makes decisions - an individual farm manager or someone in Winnipeg.
Comment
-
Yes Tom, it is insanity.
It is obviously better to these people that everyone get the same price (whatever that price is!) than allow anyone to potentially get even one cent more, or less, by making individual decisions based on what is best for them.
It is exactly the union mentality, "don't work too hard or you will make the rest of us look bad, and then you may succeed instead of us."
Comment
-
In reply to agstars77's post, I have phoned three U.S. elevator terminals in the last week regarding the price of HRS wheat. No problem getting information from these people. Canola in the northern states is almost equal to our prices quoted here in western Canada. Without the CWB, prices of wheat would be the same as in the U.S. therefore there would be no need to ship our product south of the border (similar to canola, flax, oats, and pulses).
Comment
-
Lesm has a good point here that has been bugging me since forever. People talk too much about shipping south when we don't have too, there are plenty of markets west and east.
And Jensen not sure if you grow canola or not but there is plenty of canola left in farmers hands and look where it is headed. Up another 14 dollars per ton in early overnight trading. Not to mention new crop canola at par and not a discount.
Comment
-
Most old Farts from Southern Sask say oh watch the Big bad American Farmer he will close the Boarder to Us. Good we can go East or West the Crunch is Coming from China and India and Pakistan Etc. Not USA. Grain goes south now by Elevator companies in Canada because they can move it easily to their terminals their (thanks to the CWB) and then ship it out to other destinations. Why will the US ship more Durum this year than they produce. I said to one Guy Canola is Same in Both ND and Canada Why? He had no answer because when their bluff is called they do like any bully change coarse.
Comment
-
Burbert,
You said:
"I don't think that individual farmers are going to be able to market their grain, on a world wide basis, from their home PC, and get paid for it. I like and support the CWB....."
If you are afraid... and want to use the CWB , FINE.
What does that have to do with the CWB offering a;
1.) fair price;
2.) a transparent daily cash pricing system; and
3.) decent accountable pre-pricing tools?
You know as well as I do...if the CWB refuses to supply these services... IT IS FINISHED.
Comment
-
depends on what you mean by a fair price, I don't need a transparent daily price, if I'm getting a fair price. To want more than that isn't necessary, and we really shouldn't be taking more than is fairly ours.
There will be times when one farmer or group would do better under an open market. There will be times when that same farmer will be happy to be a part of a co-operative effort.
The difference is that if the co-operative ability is no longer there then that opportunity is lost.
Comment
-
Any of the grain companies getting caught with big stocks that aren't wintering very well? In this area stockpiling was taking place because the trade knew that prices were going to go up, and long before I did. These big centrally planned corporations aren't any brighter than you or I but they do use their market clout to take advantage of the market and us.
Comment
- Reply to this Thread
- Return to Topic List
Comment