PDQ and grade/px spreads

[tweety]

It would seem with the new way of selling cwrs wheat having a grade 1 or 2 or a protein from 12 to 14 % is almost meaningless in terms of discount/premium.

What has changed?

[farmaholic]

Oh come on.....!

[tweety]

More specifically then, was the CWB payment for protein a complete fraud?

That the "plan" was simply a discount/premium schedule for farmers only and had nothing to do with the real world?

[farmaholic]

A better question might be: would the end user accept 12% px if the ordered 13.5% px?

[farmaholic]

"Generic" up the driveway and into the pit..."specific" down the spout into the car.

[tweety]

Apparently most know less then i do about this.

[Oliver88]

How are your wheat sales tweety?

[tweety]

Fine. but thats not the question

[farmaholic]

Please oh please, educate us with your opinion.

[tweety]

Wow, is this really happening?

[farmaholic]

If you don't think grade and protein don't matter, sign a contract with a US mill for #1 CWRS 13.5% px and deliver #2 CWRS 12% px.

Whats your explanation?

Lots of better quality wheat around this fall compared to the last couple of years might explain the lack of difference.

My explanation of the importance of the specs and the possible reason of lack of difference is better than dragging the defunct CWB into it with an explanation of a facade price schedule.

If for a minute you think the current marketing environment hasn't allowed the handlers to extract more of the value of grain for themselves, well.... . And that was my "Oh, come on...." explanation, sorry I wasn't more specific. Thought it was obvious.

[tweety]

I don't have an explanation. Its why i asked.