Cost of growing and marketing wheat for 2001-2002.
Seed $12.00/ac
fertilizer $40.00/ac
Chemical $37.00/ac
Insur& overhead $20.00/ac
Machinery-fuel $18.00/ac
Managment-labor $10.00/ac
Returnto Invest $40.00/ac
Total growing cost $177.00/ac
I know I've missed something or missed calulated an expense but my figure is probable low.
Marketing assuming a 40 bus crop
Freight $32.00/mt $35.00/ac
Handling $12.00/mt $13.00/ac
CWB adm $ 8.00/mt $ 8.80/ac
The marketing fees are deducted by our risk managment agency without any knowledge being forwarded to me of the price they obtained for my product it is always a huge mistery what they received for my grain. But I did receive on average $4.65/bus. which left me a profit of $9.00/ac on a 40 bus. crop. Lucky I grew alittle more than 40 bus.
Now everyone is aways trying to advise farmers on doing something about risk managment in their business. Well kiss risk managment goodbye when the CWB markets all of our milling wheat and select barley. The intial price may be the all you will get and best you can expect is an average price that you get to share with your incompetent neighbor. This neighbor, everybody has one, is farming the government programs and is being financially supported by the effort of others in a pooling market.
Will the CWB or the Alberta Government free farmers who want marketing choice.
I'am not crazy or against democracy, for I believe that demmocracy should not remove the ability of a person to sell a legal product to who ever he wants for what ever price.
I could have sold my wheat into the free market this last year for over a $1.00 bus. more than I received from the CWB. I have lost over $25000 do to letting a government controlled agency do my risk managment for me.
I have a sale right now for $9.00/bus. for #1 milling wheat because our premium marketer the CWB will not supply my buyer with this product. The only think holding up the sale is guess who, the CWB. If I sell to the board it will be closer to a $6.00 return for me, I'am betting.
When the CWB will not supply my buyer with the product he requires what does that do for value added processing in Western Canada. And we know not why our rural areas are becoming less and less populated over that last 60 years, need I go on any longer.
I rest my case. The Kernel
Seed $12.00/ac
fertilizer $40.00/ac
Chemical $37.00/ac
Insur& overhead $20.00/ac
Machinery-fuel $18.00/ac
Managment-labor $10.00/ac
Returnto Invest $40.00/ac
Total growing cost $177.00/ac
I know I've missed something or missed calulated an expense but my figure is probable low.
Marketing assuming a 40 bus crop
Freight $32.00/mt $35.00/ac
Handling $12.00/mt $13.00/ac
CWB adm $ 8.00/mt $ 8.80/ac
The marketing fees are deducted by our risk managment agency without any knowledge being forwarded to me of the price they obtained for my product it is always a huge mistery what they received for my grain. But I did receive on average $4.65/bus. which left me a profit of $9.00/ac on a 40 bus. crop. Lucky I grew alittle more than 40 bus.
Now everyone is aways trying to advise farmers on doing something about risk managment in their business. Well kiss risk managment goodbye when the CWB markets all of our milling wheat and select barley. The intial price may be the all you will get and best you can expect is an average price that you get to share with your incompetent neighbor. This neighbor, everybody has one, is farming the government programs and is being financially supported by the effort of others in a pooling market.
Will the CWB or the Alberta Government free farmers who want marketing choice.
I'am not crazy or against democracy, for I believe that demmocracy should not remove the ability of a person to sell a legal product to who ever he wants for what ever price.
I could have sold my wheat into the free market this last year for over a $1.00 bus. more than I received from the CWB. I have lost over $25000 do to letting a government controlled agency do my risk managment for me.
I have a sale right now for $9.00/bus. for #1 milling wheat because our premium marketer the CWB will not supply my buyer with this product. The only think holding up the sale is guess who, the CWB. If I sell to the board it will be closer to a $6.00 return for me, I'am betting.
When the CWB will not supply my buyer with the product he requires what does that do for value added processing in Western Canada. And we know not why our rural areas are becoming less and less populated over that last 60 years, need I go on any longer.
I rest my case. The Kernel
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