CWB premiums

[ianben]

Kernal I know you are a supporter of gpo.
Basically the body I imagine would give farmers advise on sensible realizable prices to offer their comodities using this type of option.
Using modern technology and avaiable data a price and availability for every location in the world could be available at the click of a mouse.
We could then use this information to plan our sales and production through the existing marketing bodies.
I just feel we are silly to let a few extra tonnes in one place crash prices worldwide.
I am sure most of you wish you had saved a few tonnes from a bumper year to sell in your drought year.
We are encouraged to react to market signals but I cannot find out wether FSU wheat is two year blip or a fact I have to live with.
I cannot compete on price today but my customers can easily afford to pay more if supply fails.
Do I continue to grow wheat or could FSU
realize they could charge more?

[plato]

I dont think the wheat board debate will continue much longer since Russia and the Ukraine Have started exporting wheat.
They will continue to increase exports each year at a lower production cost than we can produce it on the praries . This will be the last nail in the coffin of the CWB as wheat will no longer be grown in large quntities in western canada. the future marketing of wheat will be done on a contract basis through various grain companies or private grain terminals for specialty wheats into niche markets. We may even find ourselves making a profit on wheat again.

[dnach]

Good point plato, it is just a matter of time. The same thing is going to happen to U.S. soybean farmers within a few short years. Farmers in North America can no longer afford to produce high quality grain and ship it half way accross the world to people who can hardly pay attention let alone pay for high quality food. Let the FSU and Brazil serve those markets and yes niche markets will be a mainstay here in Canada, as long as the cwb keeps it's nose out of it.

[ianben]

Why do you guy think Brazil and FSU will leave you the high profit niche markets?

Thats were the competition will be I think.

Everyone wants the customer who pays cash dollars!!!!!

Dont they??